A price quoted today can be stale by next week, so treat the numbers here as a snapshot. The VEEC market has been roughly $85 to $95 in 2026, with a record near $110, and it moves with Victorian scheme conditions.
Spot versus rate
The spot price is where parcels of VEECs are trading. The rate you will actually receive is your trader’s buy rate, which sits below spot. The difference covers registry work, risk and margin, and it varies between traders. For the same claim, one provider might pay noticeably more than another, so compare.
What to check on the day
- The published buy rate, dated today.
- When it locks. A rate that locks on lodgement of a complete claim protects you from a fall while the claim is being processed.
- Fees. Any admin or processing fee reduces the net rate.
- Settlement time. A rate paid next day is worth more than the same rate paid in 30 days.
Where to see it
Energy Merchants posts its buy rates for STCs, battery STCs and VEECs on the pricing page, updated daily. You can also set a rate alert. Never rely on a rate quoted from memory or an old email.
Why price discovery is harder than for STCs
STCs have a $40 ceiling and VEECs do not, so VEEC prices can move quickly and by larger amounts. Fewer traders publish VEEC rates, so comparison takes more effort. Our VEEC trader guide lists what to ask.
What this means for installers
The VEEC trading pillar shows the full process from activity to payment. If you do both STC and VEEC jobs, read VEECs and STCs on the same job so you claim both properly. Ready to compare? Start trading.
If you are quoting customers a VEEC-based discount, build in a margin for movement. A promise made at a high rate and honoured after a fall comes straight out of your own pocket. Many installers quote conservatively and pass any upside on later, which keeps the customer relationship simple and protects the margin on each job.