Victorian Energy Upgrades: Refrigerated cabinets discount factor decision

Government incentives for 'plug-in' energy efficient refrigerated cabinets will be removed from the Victorian Energy Upgrades (VEU) program as of today until a full activity review can be undertaken.

29 June 2022

Refrigerated cabinets discount factor

We have implemented changes to the VEU registry to implement the government's announcement today to remove incentives for any refrigerated cabinet products installed that belongs to products class 1 to 11 (inclusive) under the Greenhouse and Energy Minimum Standards (Refrigerated Cabinets) Determination 2020 (Cth). This change is in place until a full activity review can be undertaken by the Department of Environment, Land, Water and Planning.

The review will ensure the VEU program continues to meet its goals, making Victorian households and businesses more energy efficient and appropriately incentivising upgrades. The review will also look to strengthen the requirement to replace existing refrigeration cabinets and limiting the number of fridges per business.

The outcomes of the review will be finalised by early 2023.

Read the declaration of the discount factor.

Read the minister's media release on the decision.

If you have any questions or feedback about this program update, please contact VEU Support on (03) 9032 1310 or veu@esc.vic.gov.au.