Businesses and households can earn VEECs by undertaking eligible energy-saving activities such as installing energy-efficient appliances, upgrading insulation, or replacing lighting with LED fixtures. These certificates can then be sold to energy retailers to help them meet their energy efficiency targets.
Solar panel installations are a popular way for households and businesses to earn VEECs, as they not only reduce energy consumption but also generate renewable energy. The number of VEECs earned from a Solar panel installation depends on the size of the system and the amount of energy it is expected to generate over its lifetime.
By participating in the VEEET scheme, homeowners and businesses can not only save money on their energy bills but also contribute to reducing greenhouse gas emissions and combatting climate change. It’s a win-win for both the environment and the economy.
