Victorian Energy Saver Incentive (VEET) Scheme

Latest Update

The VIC lighting rebates have been reviewed under the Victorian Energy Upgrades program (VEU; formerly known as VEET). Changes to the government rebates for commercial LED lighting upgrades will take place as of June 2021.

  • 30 June 2021, the rebates will be reduced by 40%
  • 31 January 2022, rebates will be reduced further by 60%
  • Rebates are fully removed by 31 January 2023

It is time to upgrade NOW!
Most of enLighten's product range have been approved for use under Section 34 Commercial Lighting Upgrades for the generation of Victorian Energy Efficiency Certificate (VEECs)

Scheme Overview

The Energy Saver Incentive or Victorian Energy Efficiency Target (VEET) Scheme is administered and regulated by the Victorian Essential Services Commission, who assess product applications, monitor compliance and accredit parties to undertake eligible activities and create certificates.

A VEEC is a financial incentive to reduce the consumption of electricity through energy savings activities. VEECs are tradeable certificates that vary in price according to supply and demand. An indicative price range is $17-$20 per certificate.

The calculation of VEECs is dependent on the following factors:
  • Existing lamp technology installed – (lamp circuit power, ballast, controls)
  • Lamp technology replaced – (lamp circuit power, ballast, controls)
  • Volume of lights retrofitted
  • Hours of operation

Who can apply?

The following existing Building Code of Australia Classes: 2,3,5,6,7,8,9 or 10b buildings undertaking an upgrade of general lighting are:

  • Commercial facilities - office buildings, hotels, motels, aged care facilities and shopping centres
  • Public facilities – swimming pools, administration centres, community centres
  • Residential strata and company title properties (Class 2 -common areas only)

Learn more this link will take you to the rebate/grant website

Emissions Reduction Fund - Commercial & Public Lighting Upgrades

July 9, 2015

The Commonwealth Government has recently released the finalised commercial and public lighting calculation methodology.

The determination provides for crediting emissions reductions from projects that improve the energy performance of lighting systems in commercial and industrial buildings, as well as public areas, such as pedestrian, street, and traffic lighting.

Activities could involve modifying, installing, removing or replacing lighting equipment to improve the lighting system’s energy efficiency.

The methodology was based largely on the New South Wales Energy Savings Scheme (ESS), which has seen many government and private property owners benefit from funding contributions for commercial and public lighting upgrade projects.

The Emissions Reduction Fund (ERF) is the Federal Government’s emissions reduction program through their Direct Action Plan. The ERF involves the government purchasing carbon abatement from a wide range of sources to reduce greenhouse emissions from one of many approved methodologies or “types of projects”.

How large is the ERF?

$660 million of funding was allocated in the first auction, which took place in April 2015. 107 Carbon Abatement Contracts contracts were issued at a volume weighted average price of $13.95 per tonne . The majority of projects were in the sequestration and landfill and waste sectors, with energy efficiency not playing any major role. See ERF project register

In brighter news, there is $1.89 billion remaining in the ERF and there has been progress in the development and confirmation of around a dozen emissions reduction activity calculation methodologies, including Commercial & Public Lighting. A draft was released in April & industry comments and submissions received, prior to the legislation being gazetted in late June. See the full listing of ERF calculation methods.

Can I claim ERF funding in addition to NSW, Victorian or SA state government rebates?

No, there needs to be proof of "additionality" ie that the energy savings have not been funded or transferred into energy savings certificates in other jurisdictions such as the NSW Energy Savings Scheme, the Victorian Energy Saving Incentive scheme or the SA Retailer Energy Efficiency Scheme.

Project hosts will need to assess the relative merits of participation in the state based schemes or the ERF. For QLD, WA, NT and Tasmanian project hosts, the ERF represents a more compelling opportunity.

Project aggregation opportunities

To date, the minimum project bid size of 2000 tonnes pa of CO2 abatement has been an impediment for many businesses to participate in the ERF auctions. Other barriers to participation include high administration and transaction costs - measurement & verification of savings (M&V), legal costs and high risk perceptions given that penalties are payable for under-delivery of abatement across lengthy contract periods of up to 10 years .

However, there is an emerging solution offered by third party agents who would bundle or aggregate projects from multiple clients and manage the reporting, financial and delivery risks. Typically these agents would have experience in the State Government energy efficiency trading schemes (ESC, VEET, REES) and would pay project hosts an upfront payment of 7 years of ACCU certificates, less their admin fees and risk premiums.

For further information view Outperfomers Aggregrated ERF Facility 

Return of the Multi-Mode lighting calculation for ERF projects

In a win for enLighten's Chamaeleon customers, the calculation factors for the energy consumption (lamp circuit power) for "multi mode" lights, ie lights that operate on more than one "mode" ie standby or full light output, have been re-established according to area of use. The Chamaeleon light is included under the multi mode ruling, which requires that the light output of the 2nd mode is greater than "0"

In effect, this means that the full energy saving potential of the Chamaeleon light range can be more accurately translated in kwH of energy savings & ultimately Tonnes of C02 emissions reductions. Eg for an emergency model in a commercial office fire stair, 98% operation in standby (8w) mode & 2% operation at full light (32W) can reduce the average LCP to 8.5W.

For further information on available project rebates/funding or ERF eligibility please CONTACT US.

Learn more
this link will take you to the rebate/grant website

Commercial Building Energy Efficiency Disclosure Scheme

Commercial Building DisclosureThe Commercial Building Disclosure (CBD) scheme is a COAG commitment under the National Strategy on Energy Efficiency. It is being managed by the Australian Government Department of Climate Change and Energy Efficiency.

Changes to the scheme were announced in June 2016 - See more on June 2016 program changes

The scheme requires owners and lessors of commercial office space with a net lettable area of 2,000 m² (which will reduce to 1,000m² from 1 June 2017) or more to disclose a valid Building Energy Efficiency Certificate to prospective purchasers and tenants when the space is to be sold, leased or subleased.

The Building Energy Efficiency Certificate will include three components:

  1. a National Australian Built Environment Rating System (NABERS) Energy base building rating;
  2. a tenancy lighting assessment; and
  3. energy efficiency guidance.

The Building Energy Efficiency Certificate will be valid for up to 12 months. The certificate will need to be valid, current and registered on the scheme’s online central registry. The NABERS Energy star rating will need to be disclosed in any advertisement about the sale, lease or sublease of the office.


enLighten and the CBD scheme

Energy savings gained from enLighten’s LED lighting retrofits will contribute to an improvement in the base building’s NABERs star rating. To date, the majority of the Chamaeleon installations have been in low occupancy spaces such as car parks, fire stairs and service corridors.

For tenanted areas, enLighten's new Earth Series of commercial downlights and LED troffers offer building owners an opportunity to upgrade at the point of tenancy changeover.  See related article -News and Innovation/LED troffer meets tenant's light requirements where fluoros failed


Tenancy lighting assessment and energy efficiency guidance

The tenancy lighting assessment (TLA) will benchmark the existing tenancy lighting (that will be passed on to the incoming tenant or building owner) against best practice. Accredited assessors will complete a survey of the lighting and enter data into a calculator. The survey will be undertaken with the NABERS Energy assessment and will produce a CBD Lighting Assessment form. The validity of the TLA will be extended from 1 to 5 years in a rule change. See more on June 2016 program changes

The energy efficiency guidance will provide general advice to building owners and tenants on common energy efficiency opportunities in commercial office buildings. The material will not be tailored to the individual building and will not be an energy audit.The scheme will not require building owners to undertake a comprehensive energy audit.

For more information visit the the official Commercial Building Disclosure program website.