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Greenbank Environmental have been helping Australian businesses trade environmental certificates for more than two decades.
What are VEECs?
A VEEC, or Victorian Energy Efficiency Certificate, represents one tonne of greenhouse gas emissions reduction. These certificates, also referred to as credits, are generated by accredited providers such as Greenbank following the completion of eligible installations, also known as activities.
Don’t get left behind by your competitors by not offering the rebates to your clients. CASH IS KING! We will help you access the below Victorian Energy Upgrade rebate activities, with fast processing and payment terms.
| Activity | Description |
|---|---|
| 43 | Upgrading or installing refrigeration systems for cold rooms (Non-Residential) |
| 43A | Electronic expansion valve and superheat controller into a refrigeration system |
| 43B(i) | A refrigeration system that includes at least three of the parts specified under Part 43 of the VEU Specifications |
| 43B(ii) | A refrigeration system that includes at a minimum all of the five parts specified under Part 43 of the VEU Specifications |
FAQ's
- What installations are eligible?
-
Eligible upgrade scenarios for a cold room activity include the installation and commissioning of:
- an electronic expansion valve and superheat controller into a refrigeration system (activity scenario 43A)
- a refrigeration system that includes at least three of the parts specified for activity 43B(ii) under Part 43 of the VEU Specifications (activity scenario 43B(I))
- a refrigeration system that includes the five parts specified under Part 43 of the VEU specifications (activity scenario 43B(ii)).
For the full list of requirements, please visit the Essential Services
- Does the floor area affect the number of VEECs?
-
Yes! There are three size scenarios:
- For Cold Rooms with an internal floor area between 4m² and 9m²
- For Cold Rooms with an internal floor area greater than 9m² and less than 24m²
- For Cold Rooms with an internal floor area greater than 24m²
The size of the internal floor area affects the number of VEECs you can claim. To calculate your VEECs, visit https://www.green-bank.com.au/...
Note: Cold Rooms with less that 4m² internal floor area are not eligible for VEECs
- Where can I find a full list of requirements for Activity 43?
- What is the SAP list?
-
A register of Scheduled Activity Premises to provide stakeholders with information on which premises are scheduled activity premises and the status of these premises under the program. You can review the status of a premises for the purposes of determining the premises’ eligibility for certificate creation or for relevant entity compliance in the register.
Where is it located? VEU Registry (veu-registry.vic.gov.au)
- How do I calculate the available rebate?
-
Use our Cold Room Calculator https://www.green-bank.com.au/...
- How long will it take us to process your application?
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Greenbank aims to process and pay applications within 7-10 business days.
- What photo’s do I need to capture on-site via the app to be eligible?
-
You need to capture the following:
Geo-tagged photos of:
- Outside of premises
- Overview of cold room
- Evaporator
- Rating plate on evaporator
- Electronic TX valve
- Superheat controller
- Temperature showing less than 7°C for cold room or 0°C for freezer room
- Nameplates of all installed parts
- All installed parts in situ
- What documentation gets uploaded to the portal?
-
- VEEC assignment form (created via the portal and app)
- Tax invoice for work completed
- Technical data sheet for installed parts
- Certificate of Electrical Safety
- Victorian Building Authority (VBA) compliance certificate (if
- applicable)
- What installer qualifications are required?
-
The VEU requires the following qualifications for cold room upgrades:
- An RAC01 refrigerant handling licence (if handling refrigerants)
- An electrician licence registered with Energy Safe Victoria (if wiring work is undertaken)
- A plumbing licence registered with the Victorian Building Authority (if plumbing work is undertaken)
- A designated individual, knowns as an upgrade manager to oversee and verify the documentation for the upgrade.
- Can you claim a rebates on a mobile cold room?
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No, the VEU requires the cold room to be a permanent fixture at the premises.
- Can a tenant of a building upgrade a cold room?
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Yes, the tenant can sign the declaration as the energy consumer.
- Can the end user claim the rebate?
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Yes, end users can claim rebates themselves but will need support from the installing refrigeration company to take photos and collect all data related to the upgrade.
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