Since it’s the festive season, we’re raising our glasses to toast a grand total of 41,782 commercial lighting VEECs (Victorian Energy Efficiency Certificates). Although only a fraction of what we have created in NSW, we are really happy with progress and the momentum going into 2015.
The recently elected Victorian Government can see the value of incentivising energy efficiency and is committed to the VEET Scheme. This means the opportunity for businesses to upgrade to LED lighting remains attractive into 2015 and beyond. In fact, the Commercial application of the scheme is in its infancy. There is enormous opportunity for businesses to lower energy usage and reduce overhead costs every single year to 2020 and beyond.