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Government rebate programs

 

 

NSW ESS Scheme & VIC VEET Scheme

There are currently 2 Energy Saving Schemes in Australia designed to increase the introduction of energy saving technology into businesses by providing incentives to businesses that do so. They are the New South Wales Energy Saving Scheme (NSW ESS Scheme) and The Victoria Energy Efficiency Target (VIC VEET Scheme). Each program is operated independently of each other and are monitored by the relevant state body.

 

NSW ESS Scheme

The Energy Savings Scheme (ESS) began 1 July 2009 and is part of the NSW Government’s plan to cut greenhouse gas emissions 60% by 2050.

The ESS creates a financial incentive to reduce electricity consumption by encouraging energy savings activities. It provides new opportunities for energy saving equipment and technologies to be delivered to businesses and households.

ESS participants have benefited from lower electricity bills through implementing energy efficiency activities and have gained income from selling energy savings certificates through its market based mechanism more information

VIC VEET Scheme

The Victorian Energy Efficiency Target (VEET) scheme is a Victorian Government initiative promoted as the Energy Saver Incentive. It was established under the Victorian Energy Efficiency Target Act 2007 (the Act) and commenced on 1 January 2009.

The purpose of the VEET scheme is to reduce greenhouse gas emissions, encourage the efficient use of electricity and gas, and to encourage investment, employment and technology development in industries that supply goods and services which reduce the use of electricity and gas by energy consumers more information