The Victorian Energy Efficiency Target (Project-Based Activities) Regulations 2017 provide for project-based activities in the scheme.

Until now, the methods used for calculating Victorian Energy Efficiency Certificates (VEECs) for a given upgrade have been deemed, based on average values for all activities across Victoria. However, some situations need a more customised approach. Project-based activities are those where the number of VEECs that can be claimed is specific to a given project.

Project-based activities will often involve the direct measurement of energy consumption, and are designed to be suitable for a wide range of technologies. The Measurement and Verification (M&V) method is a project-based activity.

For accredited providers, this means an alternative to traditional activities where energy saving calculations are based on predetermined values.

Measurement and Verification method

The M&V method is a flexible way to access incentives and offset the cost of energy upgrades. It allows businesses and other non-residential premises to claim incentives by calculating the energy saved from a specific upgrade using industry-standard measurement and verification techniques.

The M&V method is contained in the Regulations and in the publication, Measurement and Verification in the Victorian Energy Efficiency Target Scheme – Methods and Variables (DOCX, 148.9 KB).

The Department of Environment, Land, Water and Planning undertook stakeholder consultation on draft regulations for project-based activities in June 2016. The department’s response to consultation has now been published on our consultation page.

How to participate

The Essential Services Commission (ESC) is the scheme administrator and is responsible for accrediting providers and assessors.

Organisations wishing to become accredited persons for the M&V method should refer to the ESC’s website at from 19 June 2017.

For businesses and other organisations wishing to undertake an upgrade, accredited providers will be listed on the Victorian Energy Saver website once they are available. In the interim, we suggest you discuss your project with an M&V specialist at the earliest opportunity. You may also choose to become accredited to deliver projects at your own sites.

Persons interested in becoming Approved M&V Professionals to provide third-party reviews of M&V projects should refer to the ESC’s website at from 19 June 2017.

Supporting uptake of the M&V method

M&V is a relatively new specialism in energy efficiency, and is a major change for the VEET scheme. The department will support uptake and participation by:

  • Convening a stakeholder engagement panel for industry to provide the department with advice and feedback on the M&V method;
  • Developing training materials tailored to the VEET scheme; and
  • Supporting industry to undertake M&V activities.

To receive future updates on these matters, subscribe to our mailing list.

There are already a few options for training and recognition – through the Energy Efficiency Council (EEC), people can take the Certified Measurement and Verification Professional training course and experienced practitioners can be recognised through the EEC’s accreditation for energy efficiency specialists and leaders.

Other project-based activities

The Benchmark Rating and Treatment and Control method are currently under development.

Benchmark Rating uses energy rating schemes to create certificates, and is based on the NABERS Metered Baseline method from the New South Wales (NSW) Energy Savings Scheme (ESS). It is designed to facilitate whole-building or whole-tenancy retrofits to commercial buildings.

Treatment and Control uses statistical analysis to calculate the impact of an energy efficiency intervention by comparing change in a treatment group to that of a control group. It is designed to incentivise energy efficiency programs delivered to large groups of similar energy consumers, such as households. It is based on the Aggregated Metered Baseline method from the NSW ESS.