This page sets out the fees charged as part of the Victorian Energy Upgrades program.
VEU program fees
Fees
The Essential Services Commission (‘the commission’) administers and regulates the VEU program in accordance with the Victorian Energy Efficiency Target Act 2007 (VEET Act) and regulations.
A revised program fee structure has been introduced to help resource the commission to effectively exercise its functions and provide oversight of the program. Prior to this, the fee structure had not been revised since the program began in 2009.
The Minister for Energy has set the new fees under clause 73 of the VEET Act, starting from 1 July 2023. Additional fees and specific revisions to fees commence from 1 November 2023, as per the following table:
Table 1. Program fees from 1 November 2023
|
Description of Fee |
Fee |
Who the fee applies to |
|---|---|---|
|
Fees that commenced 1 July 2023 |
|
|
|
Application for accreditation (Section 9(1)(a) of the VEET Act) |
$3,000 |
Accredited persons |
|
Application for renewal of accreditation (section 9(1)(b) of the VEET Act) |
$1,000 |
Accredited persons |
|
Application for approval of a project impact report, where there has been no prior approval of an application for a project impact report for the project (regulation 11 of the PBA Regulations) |
$500 |
Accredited persons |
|
Application to list a product on the ESC Register (regulation 32 of the VEET Regulations) |
$500 |
Product applicants |
|
Lodgement of an energy acquisition statement (section 33 of the VEET Act) |
$3,122 |
Energy retailers |
|
Request for reconsideration of a reviewable decision (section 56 of the VEET Act) |
$750 |
Persons seeking review |
|
Fees commencing 1 November 2023 |
||
|
Fee for creation of, and notification to determine registration of, a certificate (section 22 of the VEET Act) |
$2.33 |
Accredited persons |
|
Late lodgement of an application for renewal of accreditation |
$13,814 |
Accredited persons |
| Application to open a VEET scheme registry account | $2,000 | People who hold, transfer or surrender VEECs (accredited persons and relevant entities may have the fee waived) |
|
Application for variation of conditions of accreditation |
$1,500 |
Accredited persons |
In determining the above fee structure, the Department of Energy, Environment and Climate Action (DEECA) consulted with stakeholders throughout April 2023. Further information about the consultation can be found on the DEECA website.
Fee waivers, reductions and refunds
Information on circumstances in which VEU program fees may be waived, reduced or refunded can be found here.