The 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.
The VEET scheme operates by imposing a legal liability on large electricity and gas retailers in Victoria to contribute to energy efficiency measures by acquiring and surrendering Victorian Energy Efficiency Certificates (VEECs). A penalty will be imposed on entities that fail to surrender sufficient VEECs to meet their liability. Under the VEET scheme, accredited persons are eligible to create VEECs for prescribed activities undertaken at residential premises. Each VEEC created represents one tonne of carbon dioxide equivalent (CO2-e) that has been reduced by a prescribed activity.
Consumers in respect of whom a prescribed activity is undertaken can create Victorian energy efficiency certificates (VEECs) under the Victorian Energy Efficiency Target Act 2007. One VEEC represents one tonne of carbon dioxide equivalent (CO2-e) to be reduced by the prescribed activity undertaken by the consumer.
Consumers are able to assign their right to create VEECs to an accredited person. In assigning their right to an accredited person, the accredited person will be entitled to create and own the certificates in respect of the prescribed activity undertaken by the consumer. In return, the accredited person should provide consumers with an identifiable benefit for the assignation, such as a price reduction on a product, free installation or a cash-back arrangement. Consumers should be aware that it is their responsibility to negotiate satisfactory terms with the accredited person in return for assigning their rights to create VEECs.
CYANERGY is an accredited person under this scheme and provides energy efficient products for installation in residential premises. It works with install partners (authorised agents) who deliver the in-home services. If you have any questions about us or our installers please contact us on 1300 198 955
The declaration set out overleaf means that, in exchange for receiving these products at a free or reduced price, you transfer to CYANERGY the “carbon credits” or VEECs that result from installing the products.
The scheme is regulated by the Essential Services Commission and various terms and conditions apply. For more details about the Essential Services Commission visit http://www.esc.vic.gov.au/public/VEET/.
CYANERGY accepts and complies with the Information Privacy Act 2000 (Vic), the National Privacy Principles and the Privacy Act 1988. The personal information collected on this form is required by the VEET Scheme. The information is collected, used and disclosed by CYANERGY to the Essential Services Commission for the regulatory purposes related to the scheme and its evaluation.
Installation and Property Damage
CYANERGY and its installers work under guidelines established by the Victorian Occupational Health and Safety Act 2004. Our installers will assess the safety of any product installation and reserve the right to refuse to start or continue with any installation if they perceive a risk. Installers will not undertake any rewiring, nor replace bulbs in dimming switches, touch lamps or into fittings that appear to be old, rusted, damp, corroded or damaged. If the householder does not wish to have bulbs or showerheads replaced in specific fittings they should make this known to the installer in advance. Work shall be carried out in a tradesperson-like manner and all reasonable care will be taken. CYANERGY accepts liability for damages associated with the installations carried out by the installer. If you have any issues with the installation, please notify CYANERGY immediately, but no later than 10 days from the date of installation where after all products removed will be destroyed.