GOVERNMENT INCENTIVES
Heavily incentives from both the state and the nation are still available for households and business. At MEG we operate under all major incentives including Renewable Energy target, Solar Homes Package in VIC, Energy Savings Scheme (ESS) in NSW, Victorian Energy Upgrades (VEU) in VIC, and Retailer Energy Efficiency Scheme (REES) in SA.
Renewable Energy Target
- Federal Government Policy
- Ensure at least 33,000 GWh of electricity comes from renewable sources by 2020
- The Small-scale Renewable Energy Scheme (SRES) provides a financial incentive for individuals and businesses to install small-scale renewable energy systems
- The Large-scale Renewable Energy Target (LRET) requires high-energy users to acquire a fixed proportion of their electricity from renewable sources
Energy savings scheme
- NSW Government’s Flagship Energy Efficiency Program
- Financial Incentives to Households & Businesses
- Has helped save more than 19,000 GWh & $2.9 million in bills
Victorian Energy Upgrades
- Helping Victorians cut power bills and reduce greenhouse gas emissions
- Accredited providers can generate Victorian Energy Efficiency Certificates (VEECs)
- The level of incentive or discount received by households and businesses varies depending on the market activity and certificate price
- Products must be professionally installed by an approved provider
- A market-based program, the value of certificates can fluctuate
- The availability of products and services can also vary
Solar homes package
- A Victorian Government Program
- A Rebate up to $2,225 for Eligible Households
- Rebates are Available for Systems Installed from 19 Aug 2018
The retailer energy efficiency scheme
- A South Australian Government Initiative
- Free or Discounted Energy Efficiency Activities for SA Households and Businesses
- Both Obliged Energy Retailers and Third-Party Contractors can provide such activities