Victorian Energy Upgrades (VEU) Program – Upgrade to Energy Efficient Split System Air Conditioners
Are you looking for an energy-efficient solution to keep your home or business comfortable all year round? The Victorian Energy Upgrades (VEU) program, formerly known as the VEET scheme, offers generous rebates for upgrading to energy-efficient reverse cycle split system air conditioners. This government-backed initiative is designed to help reduce energy consumption and lower greenhouse gas emissions in Victoria.
What is the VEU Program?
The Victorian Energy Upgrades (VEU) program incentivizes both homeowners and businesses to switch to energy-efficient products, including heating and cooling systems. By upgrading to more efficient split system air conditioners, you not only enjoy a more comfortable living or working environment but also significantly reduce your energy bills and carbon footprint.
The VEU program is part of the Victorian Government’s plan to reduce greenhouse gas emissions by 28 million tonnes between 2022 and 2025, making it an eco-friendly choice for both the environment and your wallet.
When you choose to upgrade your air conditioning system under the VEU program, you benefit from rebates or discounts on the installation of approved, energy-efficient split system air conditioners. These units are designed to efficiently provide both heating and cooling, making them ideal for Victoria’s varying climate.
The program works by creating Victorian Energy Efficiency Certificates (VEECs) for each tonne of greenhouse gas emissions saved through your upgrade. These certificates are sold to energy retailers to help them meet their energy efficiency targets, and the savings are passed on to you as a rebate
