Topic
VEECs and Victorian Energy Upgrades
71 pages, one place. Start with the quick answers, go deeper with the articles.
In depth 16
- How to become a VEU accredited personThe steps to VEU accreditation: Essential Services Commission process, fit and proper test, competency, fees, records and what you can do once approve…
- How to become a VEU accredited provider in VictoriaWhat it takes to become a VEU accredited person or provider: the ESC application, systems you need, costs, and when working under one is smarter. Writ…
- How to create VEECs: accreditation to registryThe path an installer follows to create VEECs: ESC accreditation, choosing an activity, evidence, registry creation, and the mistakes that get certifi…
- How installers get paid for VEECs in VictoriaHow Victorian installers are paid for VEECs: discount model, assignment model and accreditation, with worked numbers, payment timing and the contract …
- How to sell VEECs: buyers, terms and settlementFour ways to sell VEECs, what each costs in price and time, how registry transfers work, and the contract terms that decide whether you get paid.
- VEEC price forecast 2027: what will move the marketNo one can promise a VEEC price, but the drivers are knowable: targets, supply, banking and the strategic review. A scenario guide for installers plan…
- VEEC price history: from about $30 to a $110 peakHow VEEC prices climbed from around $30 in 2020 to a record near $110, why they eased to the $85 to $95 range, and what drives the next move.
- VEEC price history 2024, 2025 and 2026 comparedA three-year look at the VEEC price: the climb toward a record near $110, the government's response, and the roughly $85 to $95 range of 2026, with jo…
- VEEC trading: how the market worksHow the VEEC market works: who buys, how prices form, the surrender cycle, banking and risk. A market-structure guide for installers, providers and cu…
- VEEC trading for installers: pricing jobs and cash flowAn installer's guide to VEECs: how to price a Victorian job, fund the wait for payment, protect margin from price swings and keep claims audit-ready.
- VEECs and STCs on the same job: who claims whatVictorian heat pump hot water jobs can create both VEECs and STCs. Who can claim each, how to avoid double-handling, and why one desk for both pays be…
- VEU compliance for installers: records, audits, conductWhat Victorian Energy Upgrades compliance asks of installers and accredited persons: licences, evidence, records, code of conduct and how audits go.
- VEU program changes 1 July 2026: what installers needWhat changed in Victorian Energy Upgrades around 1 July 2026: lodgement timing, air conditioning limits and the Solar Victoria income cap. The install…
- Victorian Energy Upgrades explained for householdsA plain-English walk through a Victorian Energy Upgrades discount: what you get at the door, why it is not free money, and the questions to ask before…
- Victorian Energy Upgrades program: who runs it, who paysWhat the Victorian Energy Upgrades program is, how the legislation works, who pays, who earns VEECs and why the 2045 extension matters to installers a…
- Why did VEEC prices rise? Targets, supply and penaltiesWhy Victorian VEEC prices climbed to a record near $110: targets ahead of creation, a shrinking surplus, the penalty rate and rising delivery costs.
Quick answers 55
- How many VEECs does a commercial LED retrofit create?There is no flat count. A commercial LED retrofit earns VEECs under activity 34 (building-based) or 35 (non-building-based), and the number depends on…
- How many VEECs does a heat pump hot water system create?There is no single number: VEECs for a heat pump water heater depend on the model's modelled energy savings, what it replaces and the activity rules. …
- What is a VEEC?A VEEC is a Victorian Energy Efficiency Certificate representing one tonne of greenhouse gas emissions avoided by an approved energy-saving upgrade. T…
- What are a VEEC accredited person's obligations and record rules?An accredited person must register installers in the VEU Registry, follow each activity guide, create VEECs on time and keep records that substantiate…
- What is a VEEC aggregator and do you need one?A VEEC aggregator collects certificates from many accredited providers in Victoria and sells them in volume to liable retailers. You do not strictly n…
- How does the VEU ceiling insulation activity work?Activity 48 creates VEECs for installing bulk or rigid foam insulation in uninsulated or under-insulated residential ceilings. Stage 1 began on 14 Apr…
- Can VEECs be clawed back or an accredited person deregistered?Yes. If an audit finds a VEEC was created for a job that did not meet the rules, the certificate can be invalidated, and serious or repeated breaches …
- How do VEU discounts work for heat pump dryers, fridges and TVs?Victorian Energy Upgrades pays one VEEC per eligible high-efficiency fridge or freezer (activity 22), television (activity 24) or energy-efficient clo…
- How does the VEU commercial heat pump water heater activity work?Activity 44 creates VEECs when an air source heat pump water heater is installed at a commercial, industrial or multi-residential site in Victoria. Th…
- How does the VEU commercial and industrial solar activity work?Activity 47 lets businesses in Victoria create VEECs for grid-connected solar between 30 kW and 200 kW, installed from 29 September 2025. The certific…
- What evidence and photos do VEECs need for compliance?Each VEEC claim needs a valid signed assignment form, proof that the product is eligible, installation evidence such as dated photos and serial number…
- How long after installation can you create VEECs?As the Essential Services Commission describes it, VEECs must be created no later than six months after the end of the calendar year in which the acti…
- How does the VEU heat pump hot water activity work, and what is the discount?Under Victorian Energy Upgrades, replacing a water heater with an eligible heat pump can create VEECs for an accredited provider, who usually passes t…
- Can you still claim VEECs for a home energy rating assessment?Activity 45 rewards a residential energy assessment done under the Residential Efficiency Scorecard. Because that program closed on 23 June 2026, asse…
- How do VEU induction cooktop and gas to electric activities work?Victorian Energy Upgrades includes an induction cooktop activity, and electrification upgrades such as heat pump hot water or reverse-cycle heating ca…
- How do VEU lighting upgrades and commercial LED discounts work?A commercial lighting upgrade in Victoria can create VEECs when efficient LED fittings replace less efficient lighting under the Victorian Energy Upgr…
- How does the VEU low flow shower rose activity work?Fitting an eligible low-flow shower rose in a Victorian home has created VEECs by saving water heating energy. Counts per job are small, so the discou…
- How do VEU high-efficiency motor and drive discounts work?Victorian Energy Upgrades pays VEECs for installing high-efficiency motors (activity 31) and refrigeration fan motors (activity 33) at non-residential…
- How long does VEEC payment take?VEEC payment time varies by trader, from next day to 30 days or more. Established Energy Merchants partners are settled within 24 hours of sign-off, w…
- How long does VEEC payment take from lodgement to settlement?VEEC payment can arrive within about a day with a trader that settles on sign-off, or a month or more with one that waits on registry steps and buyer …
- How does the VEU pool pump activity work, and what is the discount?Replacing an old single-speed pool pump with an eligible high-efficiency variable-speed pump can create VEECs in Victoria. The provider usually passes…
- Do VEECs vary by postcode or zone in Victoria?For most VEEC activities, location does not change the certificate count the way it does for solar STCs, which use four zone ratings. Where an activit…
- What is the VEEC price?VEECs have traded at roughly $85 to $95 in 2026 at the time of writing, with a record near $110. The price is set by the Victorian market, driven by t…
- What is the VEEC price today?At the time of writing the VEEC market has been roughly $85 to $95, with a record near $110 in 2026. For a number you can actually be paid, check your…
- What is the VEEC price today (this month) in Victoria?At the time of writing the VEEC spot market has been roughly $85 to $95 in 2026, reported at about $85 to $90 in September, after a record near $110. …
- How do VEU project-based activities work for commercial upgrades?Project-based activities (PBA) credit a bespoke business upgrade, such as HVAC, fans or refrigeration, using energy savings measured before and after.…
- How do VEU refrigerated cabinet discounts work?Activity 32 covers high-efficiency refrigerated display cabinets at non-residential sites, but some product classes have carried a discount factor of …
- How do VEU cold room and commercial refrigeration activities work?Commercial refrigeration upgrades in Victoria, such as cold room components and display cabinets, have created VEECs by saving energy against a baseli…
- How do you create VEECs in the VEU Registry? Step by stepInstall an eligible product, hold a signed VEEC assignment form and evidence, create the certificates in the VEU Registry under your accreditation, th…
- Is the VEU free LED lighting offer real or a scam?The Victorian Energy Upgrades program is real and funded by retailer obligations, so discounted upgrades are legitimate. But 'free' offers from unsoli…
- How does the VEU space heating and cooling activity work?Installing an eligible high-efficiency reverse-cycle air conditioner or heater in Victoria can create VEECs under the space heating and cooling activi…
- What is the VEEC spot price and how does it move?The VEEC spot price is the market level at which certificates trade now, roughly $85 to $95 in 2026 with a record near $110. It moves with Victorian s…
- VEEC spot price vs forward price: what is the difference?A VEEC spot price is what certificates trade for today, for near-immediate delivery. A forward price is agreed now for certificates delivered at a set…
- How does the VEU standby power controller activity work?Installing an eligible standby power controller, which cuts power to idle entertainment or office devices, has created VEECs in Victoria by saving sta…
- Can you stack VEECs and STCs on the same job?Yes, for products and activities that qualify under both schemes. A Victorian heat pump water heater can create federal STCs and Victorian VEECs on th…
- How do you choose a VEEC trader?Choose a VEEC trader on a published daily rate, a rate lock on lodgement, zero or clearly stated fees, fast settlement and a compliance check on your …
- How does the VEU weather sealing activity work, and what is the discount?Sealing gaps around doors, windows and other openings in a Victorian home has created VEECs by cutting heating and cooling loss. The ESC's rules defin…
- How do VEU window glazing discounts work?Victorian Energy Upgrades pays VEECs for replacing windows with efficient glazing (activity 13) or retrofitting glazing onto existing windows (activit…
- How do VEECs work from upgrade to payment?A VEEC is created when an approved energy upgrade is installed in Victoria, then sold to retailers that must surrender certificates. The installer or …
- How much does VEU accredited person accreditation cost?The ESC charges $3,000 for a new accreditation application, $1,000 for annual renewal and $1,500 to vary accreditation conditions, based on the commis…
- Where do I find VEU activity guide versions?VEU activity guides are published by the Essential Services Commission on its Victorian Energy Upgrades site, each with a version number and date. Use…
- Is there a VEU air conditioning rebate in Victoria?Victorian Energy Upgrades can lower the price of an eligible efficient air conditioner, usually as a discount at purchase from an accredited provider.…
- What does the ESC check in a Victorian Energy Upgrades audit?The Essential Services Commission checks that VEEC activities were done to the rules: an approved product, a qualified installation, a valid customer …
- Are there VEU discounts for vulnerable households?Victorian Energy Upgrades is reported to be able to introduce targeted discounts for vulnerable or low-income households, and the Victorian Government…
- What VEU discounts can Victorian businesses get?Victorian businesses can access Victorian Energy Upgrades discounts through non-residential activities: lighting, motors, refrigeration, commercial he…
- Is the VEU induction cooktop discount still available?The induction cooktop discount (activity 46) was a pilot that was extended to 30 June 2026, and updated eligibility criteria took effect on 1 July 202…
- Is there a VEU pool pump discount in Victoria in 2026?Yes, efficient pool pumps have been an eligible Victorian Energy Upgrades activity in 2026, with discounts delivered through accredited providers. The…
- How do you register a product on the VEU product registry?Manufacturers or suppliers apply to the Essential Services Commission to list a product on the VEU Register of Products, showing it meets the activity…
- VEU rebate vs Solar Victoria rebate: what is the difference?Victorian Energy Upgrades is run by the Essential Services Commission and delivers discounts through certificates called VEECs. Solar Victoria is a se…
- Can landlords and renters get VEU discounts on a rental property?Yes. Victorian Energy Upgrades has no income or property test, so renters and landlords can both access discounts. Anything fixed to the property, suc…
- What is the VEU target, penalty price and 2030 outlook?Victorian retailers must surrender VEECs to meet an annual target, reported at 4.4 million for 2026 and 4.6 million for 2027, with a shortfall penalty…
- How much is the VEU small business refrigeration discount?There is no flat discount. Under Victorian Energy Upgrades, a cold room upgrade earns VEECs based on its size, and your discount is what the provider …
- How does the VEU split system air conditioner activity work?Under Victorian Energy Upgrades, installing or replacing an eligible high-efficiency split system air conditioner can create VEECs. The product must b…
- Who are the accredited providers for VEECs, and how do you find one?Accredited providers, also called accredited persons, are businesses the Essential Services Commission has approved to create VEECs for specific activ…
- Why are VEEC prices so high?VEEC prices have been high, roughly $85 to $95 in 2026 with a record near $110, because the Victorian target has grown faster than the supply of certi…
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