VIC · VICTORIAN ENERGY UPGRADES (VEU)VIC · VEU PROGRAM

Turn commercial solar into an upfront incentive, not a waiting game.

Activity 47 unlocks upfront VEEC incentives for eligible Victorian commercial and industrial solar installations. Deemed upfront, not measured over time. GreenDeal takes care of the certificate process, helping you get paid faster.

30–200kWELIGIBLE SYSTEM SIZE
VEECsUPFRONT DEEMED CERTIFICATES
StackableWITH STC

WHAT'S NEW

A faster path to commercial solar incentives

Before Activity 47 was introduced, commercial solar projects in Victoria could only generate VEECs through the Measurement and Verification method, with incentives based on measured energy savings over time. Activity 47 changed that by introducing an upfront, deemed incentive pathway for eligible 30–200 kW commercial and industrial solar systems.

BEFORE ACTIVITY 47

Measured, and slow

Commercial solar could only access VEU incentives through project-based M&V activities, certificates created after measuring actual site savings over time.

WITH ACTIVITY 47

Deemed, and upfront

Eligible 30–200kW systems now create VEECs as a deemed activity, calculated upfront from system size, without waiting on a measurement period.

HOW IT WORKS

Three steps, start to payment

GreenDeal manages the certificate process end to end, as your accredited person under the VEU program.

STEP 01

Eligibility

System is grid-connected, between 30kW and 200kW, and uses CEC-approved panels and inverters at a Victorian commercial or industrial site.

CEC-approvedPanels & inverters
STEP 02

Lodge with GreenDeal

Create jobs in GreenDeal, and lodge the job through GreenDeal as your accredited person once installation starts.

Before installLodge job first
STEP 03

Certificates created, you get paid

VEECs are created based on the deemed calculation for the system. Once approved, payment follows GreenDeal's fast approval, faster payment process.

Fast paymentAfter approval

WHO IT'S FOR

Built for the 30–200kW range

That sizing suits a wide range of commercial and industrial sites across Victoria.

Factories

Manufacturing & processing sites

Factories

Warehouses

Distribution & logistics centres

Warehouses

Offices

Commercial office buildings

Offices

Schools

Education & training facilities

Schools

Healthcare

Clinics, aged care & medical

Healthcare

Retail & multi-use

Shopping centres & mixed sites

Retail & multi-use

ELIGIBILITY

What the system needs to qualify

Every condition below needs to be met before certificates can be created.

Grid-connected

The solar PV system must be grid-connected.

30kW–200kW system size

Systems outside this range aren't eligible under Activity 47.

Installed in Victoria

The system must be installed at a commercial or industrial premises in VIC.

One VEEC Claim per NMI

Only one VEEC can be created per National Metering Identifier (NMI) under this activity.

AT A GLANCE

Activity 47 key facts

C&I SOLAR (ACTIVITY 47)
ProgramVictorian Energy Upgrades (VEU)
Certificate typeVictorian Energy Efficiency Certificates (VEECs)
Minimum inverter size30 kVA
Calculation methodDeemed (upfront), not measurement-based
Certificate lifetimeStackable with STC
Federal STC stackingMay apply for eligible capacity under current SRES rules, GreenDeal can confirm for your project
LocationVictoria only

Activity 47 incentives can be stacked with federal STCs for eligible capacity, so a single project may draw on both schemes. GreenDeal can confirm the combined position for your site.

Indicative summary only. Final eligibility, calculation methods, and certificate values are subject to the published VEU Specifications (Activity 47) and Essential Services Commission requirements. Talk to your GreenDeal account manager for project-specific figures.

How GreenDeal can help

Talk to a GreenDeal account manager about Activity 47 for your commercial or industrial site.

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