Last week, the Victorian Energy Minister announced that the Government had doubled the annual greenhouse gas emissions reduction target under the Victorian Energy Efficiency Target (VEET) scheme.
MEFL congratulates the Government on this decision. We recently made a submission to the Government calling for at least a doubling of the target. The scheme has already helped reduce the cost of energy saving measures like efficient light bulbs and weather proofing of homes for thousands of Victorian households, and the expanded scheme is estimated to deliver $2.6 billion in benefits to the Victorian economy.
In our submission, we also called for the scheme to be extended to businesses. The Government has now committed to extending the scheme to businesses, starting in 2012.
See the Save Energy website for more information on the VEET (also referred to as the Energy Saver Incentive).
