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VEU Changes the Commercial Rebate
On 8 July 2025, the Department of Energy, Environment, and Climate Action (the Department) released the Victorian Energy Upgrades changes, which have been made to the minimum product requirements of Part 44 to remove products that are also registered as domestic HPWH activities in the VEU scheme (Parts 1D and 3C). Specifically:
Air Conditioner Rebate
Up to $2,940 in Government rebates.
Government rebates: Secure Government rebates when you upgrade to a high-efficiency air conditioner. You can access discounts to lower the cost of installing a new energy-efficient air conditioner or replacing your old one with a more efficient model in NSW and Victoria.
In Victoria, replacing a Ducted (whole-of-home) gas heater with a Multi-split system:
(1 x 10kW outdoor unit) can secure up to $2,940 in Victorian Government rebates. Upgrading to a more energy-efficient air conditioner can help you:
From Early 2026, Eligible Households Can Access Discounts on Ceiling Insulation
Discounts on ceiling insulation will be available to eligible households from early 2026, with the Victorian Government working to introduce the activity as a Victorian Energy Upgrades (VEU) initiative.
It will now be supported by the VEU, making it affordable and very a very affordable way of reducing heat gain and loss. The investment will help Victorians save on energy costs while making homes warmer in winter and cooler in summer, helping households to save while delivering health benefits. Almost 60% of homes in Victoria either have no ceiling insulation or are under-insulated, meaning many households could see significant energy bill savings of more than $400 per year on average and up to $850 on health cost savings by upgrading their insulation.
NSW Solar Battery Rebate
From November 1, 2024, there will be a new NSW Solar Battery Rebate, which is an initiative to help home and business owners afford solar battery systems.
Homeowners and businesses with existing rooftop solar systems will soon be able to take advantage of the Peak Demand Reduction Scheme (PDRS) incentives to further help cut the cost of their electricity bills.
If you’re eligible for this rebate, you could access incentives:
For homes and businesses without solar, the incentive can be priced into a quote for a new installation. Eligible customers will also be able to connect to a VPP, allowing you to make the most of your solar energy generation and reduce your electricity bills.
