Expected changes to VEET confirmed

View this email in your browser

The 1 January 2016 amendments to the VEET Regulations include the following regulatory changes to Schedule 34 (Commercial Lighting):-

 Inclusion of variable Annual Operating Hours based on space type and/or BCA classification in which lighting upgrade occurs.

 Inclusion of non-building based lighting upgrade activities (including on roads, in a public space, or installation of traffic signals) .

 Inclusion of new asset lifetime references –  which provide for a lighting upgrade which only involves the installation of a lighting control device and no other lighting equipment

Inclusion of new types of lighting control devices and corresponding control multiplier values.
Changes in the number of VEECs awarded for activities due to changes in the greenhouse abatement coefficients for electricity

These changes will take effect for all commercial lighting upgrades conducted in Victoria after 1st January 2016.



Copyright © 2015 National Carbon Bank of Australia Pty Ltd, All rights reserved.

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list

Email Marketing Powered by Mailchimp