Government Incentive Programs
The Victorian Energy Efficiency Target (VEET) Energy Saver Incentive works by issuing Victorian Energy Efficiency Certificates (VEEC) when recognised energy efficiency improvements are made. VEECs are traded back to the Victorian Government in return for a discount on the product or appliances installed.
VEECs can only be issues by accredited persons and each represents one tonne of greenhouse gas abated.
The Victorian Government initiative ‘Energy Saver Incentive’ has been operating since January 2009 and is administered by the Essential Services Commission (ESC).
For more information on the Energy Saver Incentive or to find an accredited person visit: www.veet.vic.gov.au
To become an accredited person visit: www.veet.vic.gov.au/Public/Public.aspx?id=GettingAccredited
Alternatively contact us for a referral to an accredited person in your area and to find out how the Energy Saver Incentive could benefit your business.
NSW - Energy saving Scheme (ESS)
The Energy Savings Scheme, established under NSW legislation, reduces electricity consumption in NSW by creating financial incentives for organisations to invest in energy savings projects.
As part of the scheme, organisations are invited to reduce electricity consumption by installing, improving or replacing energy savings equipment in exchange for Accredited Certificate Provider status and energy savings certificates. Each energy savings certificate is equivalent to the saving of one tonne of CO2e emissions.
These organisations can then sell their energy saving certificates to Liable Entities, also known as Scheme Participants, such as electricity retailers and other parties. Liable Entities are mandatory participants in the scheme and need to purchase energy savings certificates in order to meet targets required by legislation.
For more information on the Energy Savings Scheme visit: www.ess.nsw.gov.au
For further information for organisation looking to gain Accredited Certificate Provider status visit: www.ess.nsw.gov.au/How_to_apply_for_accreditation