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Victorian Government Rebates On LED Lighting Upgrades

Rebated & Free LED Lights Replacement Under The VEU Program

By Ecofin Solutions ForUPublished 5 years ago 3 min read
VEU Program, Victoria

Victoria’s most popular free LED light replacement and installation activity under the VEU Program (VEU) is still live. An average Victorian household or business spends about 5% to 30% of its energy budget on lighting costs. Switching to energy-efficient LED lights is one of the fastest and easiest ways to cut your power bills by over 70%.

Why Does The Government of Victoria Offer LED Lights Replacement For Free?

The free LED lights replacement and installation program of the government of Victoria state is aimed at reducing carbon footprints by achieving greater energy efficiency in homes and workplaces. To achieve energy-efficiency & resultant energy-savings on lighting costs, the upgrade of old/existing Halogen or CFL lights with energy-efficient LED lights at minimal to no cost is offered under the Victorian Energy Upgrades Program.

Victorian Energy Upgrades (VEU), formerly known as the Victorian Energy Efficiency Target (VEET), is the state’s flagship energy saver rebate program that aims to abate 6.5 million tons of CO2 emissions by 2020 through energy upgrades. That’s equivalent to taking 1.5 million cars off the road.

The rebate scheme is aimed at making energy upgrades like switching from old lights to energy-efficient LED lights affordable and easy for Victorian businesses and households.

Pie Chart showing energy usage pattern in commercial or industrial settings

This pie-chart shows why a commercial establishment or a household is an obvious candidate for rebated or free energy-saving light bulb replacement under the VEU program of the government of Victoria.

Though it varies from office to office, lighting costs can typically account for 30% of the power used.

Energy savings on lighting in the range of 20% and 70% can be achieved in a typical office with paybacks of investment in around 5 years, depending on the current installation and usage patterns.

Free LED Light Globes Replacement under VEU Program in Victoria

The Victorian government is committed to helping Victorian households and businesses reduce their energy costs. We help you receive rebates or discounts through businesses accredited under the program (Accredited Providers) by installing energy-efficient lighting.

All Victorian households and businesses that have lighting technology such as incandescent lamps, halogen lamps, and CFLs are eligible to participate under the VEET or VEU scheme.

Will Replacing Old Lights with LEDs Lower My Power Bills?

Just by adding electricity-saving LED light bulbs, you save up to 80% on your lighting costs. That’s up to 16 dollars annually per globe.

The Victorian residents can replace their existing CFL bulbs & halogen downlights with new LED downlights for FREE by taking part in lighting upgrade activities listed under the Victorian Energy Upgrade(VEU) scheme. VEU program

The benefits of switching from incandescent to LEDs are well established and proven.

After switching over to energy-efficient LED downlights under the VEU program, a Victorian household or business can expect $191* annual energy cost savings, 1065kg of less CO2 (Reduction in greenhouse gas emissions annually), and $9,274 savings over an average life of the LED light fixture.

* based on the energy consumption of 10 standard GU10 halogen 50W lights, @ $0.23 cents/ kWh charge for five hours per day, 7 days per week for 52 weeks

Halogen downlights have three major drawbacks vis-a-vis efficiency and the cost to run a house:

1) The energy cost to run the bulb

2) Air leakage from downlight fitting

3)Insulation is required within the building regulations to minimise the risk of fires.

The cost-effectiveness of switching over to LED lighting & different appliance upgrades is not consistent.

The most cost-effective measures for greenhouse gas abatement are the lighting, clothes washer, water heating, and heating upgrades. Upgrades to dishwashers, clothes dryers and cooling are the least cost-effective upgrades.

energy

About the Creator

Ecofin Solutions ForU

A Melbourne based energy consultant company dealing with energy upgrades (rebated or free LED lights replacement) and smart appliances

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