There are currently three available government schemes in Australia which give businesses financial incentive to upgrade their lighting to LED. Victoria has Victorian Energy Upgrades, formally known as the Victorian Energy Efficiency Target (VEET) scheme, NSW has the Energy Efficiency Scheme (EES) and SA has the Retailer Energy Efficiency Scheme (REES). Through these schemes business owners have access to rebates and subsidies to upgrade their business lighting to LED in order to reduce their power consumption.
How Do These Schemes Work?
Each energy upgrade reduces a businesses power consumption which in turn creates energy certificates. Energy certificates are valued at one tonne of carbon reduction (VIC) or one megawatt hour (MWh) of energy (NSW). The certificates are then unsold to energy retailers. The quantity of the certificates generated per project and the market price at the time of creation will determine the rebate.
Businesses eligible for a SUBSIDISED upgrade
- Processing Plants
- Industrial Facilities
- Retail Businesses
- Healthcare – Hospitals
- Storage Facilities
Business types not listed can still be upgraded with heavy subsidies.
Victorian businesses are currently eligible for heavily subsidised LED lighting upgrade through ‘Victorian Energy Upgrades’ formerly the ‘VEET’ scheme. This means you can have all of your lighting upgraded to LED for little to no capital investment.
Contact us to find out if your business is eligible for a SUBSIDISED lighting upgrade.
NSW & SA
NSW and SA businesses are currently eligible for a subsidised LED lighting upgrade through the Energy Efficiency Scheme (EES) and the Retailer Energy Efficiency Scheme (REES). ESS legislates free installation is prohibited, but heavy subsidies apply. in SA businesses can enjoy a certain percentage of their facility lighting upgraded to LED free of charge depending energy reduction.
WA, NT, QLD, TAS, ACT
Due to our large buying power, our strong relationship with lighting distributors and our efficient model we are able to offer businesses outside of states with a Government energy scheme subsidised installation prices. Contact us today to find out just how affordable a lighting upgrade is with Australian Energy Upgrades.
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