Product Code: 3511001
Product Code: 3508011
Product Code: 3508062
Product Code: 3511005
Product Code: 3508003
Product Code: 3508063
Product Code: 3511010
Product Code: 3511020
Product Code: 3511004
VEECs are the Victorian Energy Efficiency Certificates awarded by the VEU for energy-saving activities. These certificates can be traded on a market.
Eligible upgrade scenarios for a cold room activity include the installation and commissioning of:
• an electronic expansion valve and superheat controler into a refrigeration system (activity scenario 43A)
• a refrigeration system that includes at least three of the parts specified for activity 43B(i) under Part 43 of the VEU Specifications (activity scenario 43B(i))
• a refrigeration system that includes the five parts specified under Part 43 of the VEU specifications (activity scenario 43B(ji)).
For the full list of requirements, please visit the Essential Services Commission VEU Page
Actrol stocks a large range of eligible products. You can find a complete list of these products and their associated activities here.
Neither Greenbank nor Actrol charge any direct fees for using this service
After signing up with Greenbank, you will gain access to the Greenbank platform and installer app. This allows you to start calculating, processing, and claiming rebates on your eligible installations.
No, Actrol partners with Greenbank, which supports the installing refrigeration company in claiming rebates on behalf of the end user. The VEU requires information such as photos and signatures from the site.
Greenbank, as the rebate aggregator, will pay the person or entity nominated on the application. If claiming on behalf of the end user, Greenbank can pay the rebate directly to them.
Yes, part of the VEU requirements is a copy of the valid tax invoice for the work completed. The invoice must include:
1. Name, address, and AB of the upgrade manager and the installing refrigeration company
2. ACN of the end user/energy consumer
3. Date of invoice
4. Installation address
5. Name, address, and ABN of the upgrade manager business
6. Itemised list of installed cold room parts, including brand(s) and model(s).
For the full list of requirements, please visit the Essential Services Commission VEU Page.
Yes, it shows the brand and model of installed parts and can be submitted with your application.
Yes, the tenant can sign the declaration as the energy consumer.
If you are unsure, it is best to contact Greenbank directly on 1300 GREENBANK while on-site to confirm photos. If a step is missed, Greenbank will advise a re-visit. To view all of the installer requirements, refer to Greenbank's Installer Onsite Checklist for Activity 43.
Yes, enter property details on the Greenbank platform before the site visit. This will appear in the Greenbank installer app for you to complete the application on-site.
Yes, since the VEU regularly changes the number of certificates generated for an activity and the market price of VEECs can fluctuate.
Greenbank aims to process and pay applications within 14 business days.
You need to capture and provide the following:
• VEEC assignment form (completed and correct)
• Tax invoice for work completed
• Technical data sheet for installed parts
• Certificate of electrical safety
• Victorian Building Authority (BA) compliance certificate (if applicable)
• Geo-tagged photos of:
• Outside of premises
• Overview of cold room
• Evaporator
• Rating plate on evaporator
• Electronic TX valve
• Superheat controller
• Temperature showing less than 7°C for cold room or 0°C for freezer room
• Nameplates of all installed parts
• All installed parts in situ
For more details, refer to the Greenbank Onsite Installer Checklist.
When registering with Greenbank you will need to provide:
• Company and contact details
• Installer information
• Claim preferences
• Required documentation including:
• Liability certificates
• Photo ID
• ASIC certificate of company registration
You can find the complete list of requirements on the Greenbank sign up form.
There is no legal requirement to pass the rebate on in full. However, the VEU requires you to show how you have passed part or all of the rebate on. Many installer businesses charge an administrative or processing fee for the rebate service provided.
The VEU requires the following qualifications for cold room upgrades:
• An RAC01 refrigerant handling licence (if handling refrigerants)
• An electrician licence registered with Energy Safe Victoria (if wiring work is undertaken)
• A plumbing licence registered with the Victorian Building Authority (if plumbing work is undertaken)
• A designated individual, knowns as an upgrade manager to oversee and verify the documentation for the upgrade.
For more information on qualification requirements, visit: VEU Qualifications.
No, the VEU requires the cold room to be a permanent fixture at the premises.
Yes, end users can claim rebates themselves but will need support from the installing refrigeration company to take photos and collect all data related to the upgrade.
No, as long as you are licensed to perform the activity, you can register your business with Greenbank to process rebates for eligible installations.