VEU greenhouse gas reduction rates for 2027
The greenhouse gas reduction rates (the rates) for 2027 have been set.
The rates are:
- Electricity: 0.09871 VEECs/MWh
- Gas: 0.01387 VEECs/GJ
The Minister for Energy and Resources recommended the rates under the Victorian Energy Efficiency Target Act 2007. The Governor in Council fixed the rates by an Order published in the Victorian Government Gazette on 6 October 2026.