If you live in Victoria, you may be eligible for additional financial incentives under the Victorian Energy Upgrades (VEU) program, through the creation of Victorian Energy Efficiency Certificates (VEECs).

VEECs are generated when you install an eligible energy-efficient product, such as a Solahart heat pump or solar water heater. These certificates have a monetary value and are used to reduce the upfront cost of your new system, often providing hundreds of dollars in extra savings on top of federal rebates like STCs.

The number of VEECs you receive depends on the type of system you choose, your existing setup, and how much energy you’re expected to save by switching to a more efficient solution.

At Solahart, we're registered participants in the program and take care of the paperwork for you, ensuring you receive the maximum available benefit.

How VEECs Work

The Victorian Energy Efficiency Certificates (VEECs) are part of the Victorian Energy Upgrades (VEU) program, a state government initiative that aims to reduce greenhouse gas emissions by encouraging households and businesses to install energy-efficient products.

Here’s how it works:

1. You install an eligible energy-saving product, such as a Solahart solar water heater or heat pump.
2. VEECs are created based on the amount of greenhouse gas emissions your upgrade is expected to avoid over its lifetime. One VEEC represents one tonne of carbon dioxide equivalent (CO₂-e) abated.
3. These VEECs are sold to energy retailers, who buy them to meet their government-imposed targets. The value of these certificates is then passed on to you as a discount off the purchase price of your system.
4. The process is managed by an accredited provider, like Solahart, who handles the certificate creation and claim on your behalf. You don't need to apply separately.

Eligibility and Terms

To be eligible for VEECs:

• You must be a Victorian resident or business.
• The product installed must be on the VEU program’s list of approved products.
• The installation must be completed by an approved provider and meet program guidelines.
• You may be asked to sign a customer assignment form to allow the provider to claim the VEECs on your behalf.
• VEECs cannot be claimed for the same activity more than once.

Note: VEEC values fluctuate based on market supply and demand, and the level of incentive available at the time of installation may vary.