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What is VEET?

April 26, 2017veet

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What is VEET?

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Victorian Energy Efficiency Target (VEET) scheme If you live in Victoria, an alternate scheme to the Australian Government rebate of $600, is the Victorian Energy Efficiency Target (VEET) scheme. This is a Victorian Government initiative promoted as Energy Saver Incentive. The Victorian Energy Efficiency Target (VEET) scheme, which commenced on 1 January 2009, aims to encourage the uptake of energy efficient technology, initially in the residential sector. The VEET scheme plays an important role in achieving the Victorian government’s target of reducing greenhouse gas emissions from households by 10 per cent by 2010 and Victoria’s overall emissions to 60 per cent by 2050. For more information, refer to the Essential Services Commission website. To use the VEET calculator for Siddons Solarstream models 327SSAD and 264SSSBD in your area under 1C – Decommissioning electric and installing electric boosted solar, follow this link.