Wattly holds a wide set of accreditations and capabilities

Our role is to understand the government schemes and unlock the value of the incentives for our Customers and Partners. The Acts, Regulations and Rules can be difficult to understand and you may find it hard to apply to your situation. Our expertise is in making all this simple so you can access financial incentives for your energy efficiency and renewable energy projects.

VIC Energy Upgrades (VEU)

VIC Energy Upgrades (VEU)

The VEU scheme, (also known as Victorian Energy Efficiency Target, or VEET Scheme) is driving energy efficiency upgrades in Victoria by providing financial incentives to make implementation more affordable and attractive for households and business. It is administered by the Essential Services Commission (ESC).

NSW Energy Saving Scheme (ESS)

NSW Energy Saving Scheme (ESS)

The ESS is driving energy efficiency upgrades in NSW by providing financial incentives to make energy efficiency and renewable energy projects more affordable and attractive. It is administered by the Independent Pricing and Regulatory Tribunal (IPART).

Federal Renewable Energy Target (RET)

Federal Renewable Energy Target (RET)

The RET is split into a small-scale and large-scale scheme and drives investment into renewables including biomass, solar, geothermal, hydro, wind and ocean energy. The RET is administered by the Clean Energy Regulator (CER)

Federal Emissions Reduction Fund (ERF)

Federal Emissions Reduction Fund (ERF)

The ERF, also known as Direct Action is a federal scheme to directly purchase emissions reductions through an auction process. To date the bulk of ERF projects have been from land use and forestry. More recently commercial and industrial projects have benefited from the scheme.

SchemeTradable CertificateSectors Covered2017 Retailers Obligation2018 Retailers ObligationLegislated End DateWattly Accredited
State Energy Efficiency Schemes Comparison
VIC VEU VEEC
Lighting Activities (Commercial, Industrial, Residential, Outdoor & Public Lighting).  Project Activities for Commercial & Industrial Equipment
5.9 M VEECs 6.1 M VEECs 2029Yes
NSW ESSESC
Lighting Activities (Commercial, Industrial, Outdoor & Public Lighting). Project & Metered Baseline Activities for Commercial & Industrial Equipment. Business Appliances.
4.1 M ESCs  (7.5%)4.4 M ESCs  (7.5%)2025Yes
SA REESDirect obligationCommercial, Residential2300 TJ2300 TJNo
ACT EEIS Direct obligationCommercial, Residential(8.6%)(8.6%)2020No
Federal Schemes (Renewable Energy Target and Emissions Reduction Fund)
RET SmallSTCSolar PV, Solar Hot water12.4 M STCsTBD2030Yes
RET LargeLGCLarge Solar (>100kW) Wind, Hydro, Biogen26 M LGCs28.6 M LGCs2030Yes
ERFACCUCommercial, Industrial, Agriculture and Land useGovernment FundedYes

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