The Victorian Energy Upgrades ( (VEECs)) program is a Victorian Government initiative that helps households and businesses reduce energy costs and lower greenhouse gas emissions by upgrading to energy-efficient products.
When you replace an existing electric or gas hot water system with an energy-efficient heat pump hot water system, you may be eligible for discounts through the VEU program.
Under this scheme, accredited providers create Victorian Energy Efficiency Certificates (VEECs) for energy-saving upgrades. These certificates have a market value and are usually applied as an upfront discount on the installation cost of the heat pump hot water system.
The value of the VEU incentive can vary depending on several factors including:
• The type of hot water system being replaced (electric or gas)
• The efficiency and model of the new heat pump system
• The installation location
• Current market value of VEEC certificates
In many cases, the VEU discount is applied directly at the point of sale, helping reduce the overall installation cost for Victorian households.
• Helps reduce the upfront cost of energy-efficient heat pump systems
• Encourages households to switch from inefficient electric or gas hot water systems
• Supports lower energy bills and long-term savings
• Helps Victoria reduce carbon emissions and improve energy efficiency
The VEECs incentive can often be combined with other programs, such as:
• Solar Victoria Hot Water Rebate
• STC (Small-scale Technology Certificate) Incentive
Combining these incentives can significantly reduce the upfront cost of installing a heat pump hot water system in Victoria.
GoGetaHeatPump specialises in cutting-edge heat pump technology and offers effective and environmentally friendly heating solutions for both residential and commercial environments.
