Glossary
Accredited person (VEU)
An accredited person under the Victorian Energy Upgrades (VEU) program is a business accredited by the Essential Services Commission to create VEECs for eligible upgrade activities. Only an accredited person can register the certificates and sell them to energy retailers.
An accredited person is a business that the Essential Services Commission (ESC) has approved to create Victorian Energy Efficiency Certificates (VEECs) under the Victorian Energy Upgrades (VEU) program. Without accreditation you cannot create or register VEECs, even if you did the installation. See VEEC definition.
The program is run by the Essential Services Commission, the same regulator that is responsible for other parts of Victoria’s energy rules. Do not confuse it with the NSW Energy Savings Scheme, whose certificate creators are called accredited certificate providers. See accredited certificate provider.
What the role involves
- Applying and being assessed. The business shows that it can meet the program’s requirements, including record-keeping and consumer-protection duties.
- Creating certificates. For an eligible activity such as a heat pump water heater, the accredited person records the installation in the registry and the VEECs are created.
- Meeting obligations. The person must keep evidence, follow customer disclosure rules and accept audits.
Many installers do not hold accreditation themselves. They sign an arrangement with an accredited person who claims on their behalf and pays them. That keeps day-to-day compliance with the specialist, but the installer still needs the evidence right.
In practice
VEEC value in 2026 has been roughly $85 to $95, with a record near $110, though it moves. At the time of writing, VEEC spot prices were reported at about $85 to $90 in September 2026. See veecs and stcs on the same job when one install qualifies for both VEECs and STCs.
Check the product against the VEU product registry before a quote. An ineligible model does not create VEECs, whatever the accreditation.
Common confusion
Being an accredited person is not the same as being a registered agent for STCs. They are separate regulators and registries. See registered agent. It is also unrelated to the solar installer accreditation held with the Clean Energy Council or Solar Accreditation Australia.
See VEEC trading, /start-trading/ and the glossary.
Related terms
Also in the glossary
VEEC definition
A VEEC (Victorian Energy Efficiency Certificate) is a tradable certificate representing one tonne of carbon dioxide equi…
VEU product registry
The VEU product registry is the Essential Services Commission's online list of products approved for activities under th…
Deemed savings
Deemed savings are fixed, pre-calculated energy or emissions savings that a scheme credits to a standard upgrade or inst…
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