Government Rebates and Programs
Victorian Energy Upgrades (VEU)
The upgrades promoted by Energy Savers are subsidised under the Victorian Energy Upgrades (VEU) program. VEU is is a State Government scheme that helps Victorians reduce their energy bills and greenhouse gas emissions by providing access to discounted energy efficient products and services.
Most discounted upgrades for Business:
Space Heating and Cooling – Reduce costs by replacing old heating and cooling systems with more energy efficient systems. Expect $200 to $1000 off your new unit if replacing an old split system , electric resistance or non-ducted gas heater. $1600-$1800 for ducted systems.
Hot Water Systems – Heating hot water often accounts for over 20% of energy use. Expect $560-$630 off a the new tech and a potential extra $1000 through Solar Victora.
Lighting – Victorian businesses can receive discounts for outdoor, commercial and industrial lighting upgrades. For example, expect $1000 or more if replacing 100 florescent tubes in an office building (24watts per tube)
Induction Cooktops – Replace your inefficient and unhealthy gas cooktops with induction technology. Expect $140 per gas cooktop removed.
Solar Panels and Batteries – All Victorian businesses in commercial buildings are eligible for commercial solar discounts. Expect at least $4500-$34000 off 30kw – 200kw systems. Businesses can also expect battery discounts of 30% off the installed cost.
* Discounts are based on a estimated VEEC price of $70. VEEC’s fluctuate so prices change constantly.
* There are many more activities/upgrades available.
* Providers can only offer discounts showing evidence of old appliances removed professionally. Businesses are advised not remove old appliances themselves.
Energy Compare
Victorian Energy Compare is the Victorian Government’s free, independent and easy to use energy price comparison website that allows you to find the cheapest electricity or gas plan for your household or small business. You can also use the website to calculate how much money you could save on your energy bills by installing solar panels.
Victorian Energy Compare makes it easy to compare and find your best energy offer. All you need to do is answer a few simple questions about your energy usage, and the website will show you the best available offers based on your energy needs.
How does Victorian Energy Compare work?
Victorian Energy Compare works by doing three things.
- First, it searches for the energy offers that are available to most people in your area.
- Next, it calculates the prices for your actual usage (using your smart meter data) or estimated usage (based on your response to the questionnaire).
- Finally, the estimated figure is used to give you the best priced offer based on the information you provided.
Business Renewables Buying Group
The Business Renewables Buying Group brings together like-minded businesses seeking to switch to 100% renewable electricity.
We’re joining forces with 30 councils across Victoria to assist businesses in purchasing renewable energy and cutting their emissions. With the support of Council and an external facilitator (Energy Market Specialist), a group of medium and large businesses will work collectively to maximise their energy-buying power.
What are the benefits?
In addition to reducing the time, complexity, and cost of going 100% renewable, the Business Renewables Buying Group:
- Provides budget certainty with stable and long-term pricing – reducing exposure to energy market volatility.
- Is a cost-effective way to reduce emissions and achieve your strategic goals.
- Helps to avoid repeated internal procurement processes throughout the PPA contract.
- Can provide reputation, branding and leadership benefits to your business.
- Is an opportunity to support renewable energy and reduce your carbon footprint.
Am I eligible?
All Victorian businesses that qualify for the large electricity market (preferably with annual electricity consumption greater than 500 MWh) are eligible.
How do I access the program?
CALL 1300 571 535
Energy Savers © 2021