To receive updates about Victorian Energy Upgrades and upcoming opportunities, or to provide stakeholder feedback, please email email@example.com.
2021 Target for the Victorian Energy Upgrades Program
The Hon. Lily D’Ambrosio, Minister for Energy, Environment and Climate Change and Minister for Solar Homes, has announced that the Victorian Energy Upgrades target for 2021 will be 6.5 million certificates.
The letter from the Minister (available here) outlines the details of decisions on the 2021 target and the electricity emissions factor. The decision on targets for 2022 to 2025 and associated changes will be determined before the end of the year.
Victorian Energy Upgrades Consultation 2019 (Ongoing)
The Victorian Energy Upgrades (VEU) program is established under the Victorian Energy Efficiency Target Act 2007 to help Victoria reduce its greenhouse gas emissions, reduce the use of electricity and gas and invest in industries that provide energy demand management technology and services. The program provides subsidies for residential and business consumers to reduce their energy use by upgrading appliances, processes or buildings.
The Victorian Energy Efficiency Target Act 2007 requires annual targets for reducing emissions be set for the 2021 to 2025 period by May 2020. Additionally, with changes in Victoria’s lighting market – including decreasing unit costs, consumer demands, economies of scale and new standards from 2020 – there is a need to review the incentives provided to lighting activities through the VEU program.
Following preliminary consultations, the Department of Environment, Land, Water and Planning commenced formal consultations in December 2019, seeking stakeholder views on:
- Target setting for Victorian Energy Upgrades (VEU) as outlined in a regulatory impact statement
- Changes to VEU lighting activities as outlined in an issues paper.
Consultation on these has now closed. The department would like to thank everyone who provided a submission.
Visit the Engage Victoria website to access all relevant documents associated with these consultations and to subscribe to updates on these proposed changes.
Review of Measurement and Verification (M&V) method Specifications 2019
We held an information session on 28 May 2019 outlining proposed changes to the M&V method. These changes were supported by stakeholders and have now been incorporated into a new version of the Specifications.
The Department of Environment, Land, Water and Planning would like to thank everyone who provided a submission. A summary of finalised changes to the Specifications and responses to the consultation submissions can be downloaded here.
Review of Victorian Energy Efficiency Target Regulations 2018
In Victoria, regulations must be remade every 10 years. The Victorian Energy Efficiency Target Regulations, which set out the requirements for the Victorian Energy Upgrades program, were made in 2008 and were reviewed and remade in December 2018.
The Department of Environment, Land, Water and Planning would like to thank everyone who provided a submission.
If you require an accessible version of any of these documents, please email firstname.lastname@example.org
Page last updated: 24/06/20