The Most Effective Way to Benefit from the Victorian Energy Upgrades (VEU) and NSW Energy Savings Scheme (ESS) Program

28 Apr 2022

These energy programs can help you save money on upgrade costs, reduce your energy bills and help the environment.

Older refrigerated display cabinets may consume more energy than newer refrigeration equipment. You may be spending more for electricity than you should be if you have an older refrigerated display cabinet, especially one that was built before minimum energy efficiency rules were enacted in 2003.

These energy programs can help you save money on upgrade costs, reduce your energy bills and help the environment.

The Victorian Energy Upgrades (VEU) program  is a Victorian government project that provides financial incentives for the installation of energy-efficient equipment by issuing Victorian Energy Efficiency Certificates. Victorian households and businesses can participate in the Victorian energy improvement program through accredited suppliers operating across the state. Since its start in 2009, the initiative has helped approximately 1.8 million homes and 100,000 companies improve the efficiency of their appliances and equipment.

The NSW Energy Savings Scheme (ESS) provides financial incentives to install, improve or replace energy savings equipment and appliances in NSW households and businesses. The ESS was established in 2009 under the Electricity Supply Act 1995 (the Act).

What Are The Advantages Of The VEU Program and ESS Program In Terms Of Greenhouse Gas Emission Reduction?

Since the initiative began in 2009, greenhouse gas emissions have fallen by over 60 million tonnes.

In an industrial environment, the ability to issue certificates for energy efficiency initiatives aids in balancing Capital Expenditure, which might be a limiting factor in completing these operations.

Who Is Eligible For the VEU and ESS Program?

Most businesses that are located in VIC and NSW are eligible to participate in the program and get financial incentives for installing energy-saving equipment. 

How Does The VEU and ESS Program Work?

Save money on the installation of energy-efficient units, reduce your energy bill and help the environment

The main goal of the VEU and ESS programs are to give companies and people a financial incentive to decrease carbon emissions by lowering electricity and gas use and promoting the adoption of energy-efficient equipment. 

The program works by setting a state-wide target for energy savings that results in a range of energy-efficient products and services being made available to homes and businesses at a discount. Accredited providers that deliver these financial incentives can generate Victorian Energy Efficiency Certificates (VEECs).

The Energy Savings Scheme (ESS) provides NSW businesses with financial incentives to invest in projects which will reduce their energy consumption. Incentives are available to install new equipment or modify a current system.

How Do You Apply?

We may require the following information:

  • Business Name:
  • Business ABN:
  • Business Address:
  • Nature of Business:
  • Business Owner Full Name:
  • Contact number:
  • Email:
  • Number of Employees:
  • If you have an existing refrigerator at your business
  • A copy of the most recent electricity bill.

If you want to learn more about Victorian energy upgrades and NSW energy savings scheme program, contact us on 1300 885 693 or send us an email at i[email protected]