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发表于 2014-5-31 19:48:11
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VEEC stands for Victorian Energy Efficiency Certificate. It is an electronic certificate created in accordance with the Victorian Energy Efficiency Target Act 2007 and the Victorian Energy Efficiency Target Regulations 2008.
Each VEEC represents one tonne of carbon dioxide equivalent (CO2-e) saved as a result of a specified and approved energy-saving activities such as installing LED lights (known as Prescribed Activities).
Home owners currently cannot directly claim VEECs because VEECs can only be created by entities accredited by the Essential Services Commission (ESC). These entities are known as Accredited Persons.
The way that you can benefit from VEECs is simple. You change your lights over to LEDs. The installer and or provider offers you a great deal and then you assign the rights to create the VEECs over to the accredited entity who then creates the VEECs.
The number of VEECs that a given activity can yield depends on the amount of CO2-e that the activity will save. The saving is calculated by comparing the difference between (i) the energy use of the new product and (ii) the 'baseline' energy use, which refers to the amount of energy that would have been used if the new high efficiency product had not been installed.
The Regulations provide the methodology and values for calculating the CO2-e savings (and therefore the number of VEECs eligible for creation) for each Prescribed Activity. The ESC also provides VEEC calculators that give an indication of how many VEECs may be created for each Prescribed Activity.
VEECs can only be created by entities accredited by the Essential Services Commission (ESC). These entities are known as Accredited Persons.
VEECs must be created no later than six months after the end of the year in which the Prescribed Activity was undertaken. For example, if a Prescribed Activity was undertaken in February 2011, VEECs could be created as a result of that activity up until 30 June 2012.
VEECs can only be created by Accredited Persons who successfully complete specified Prescribed Activities such as changing older lighting technology to LED lights. Most Prescribed Activities include a decommissioning component.
For example, replacement of light globes is not deemed to have been completed until the old lights have been rendered permanently unusable.
Once an Accredited Person has successfully completed a Prescribed Activity on behalf of an energy consumer, that energy consumer must sign what is known as a VEEC assignment form. By signing the VEEC assignment form, the energy consumer 'assigns' to the Accredited Person the right to create the VEECs relating to that particular Prescribed Activity. The VEEC assignment form contains important information that the Accredited Person will need in order to create VEECs.
The Accredited Person uses the information on the VEEC assignment form - such as the consumer's name and address and details of the product installed - to complete a VEEC creation application via their online account platform. After the submitted data passes detailed quality checks - including being matched against an address database - a specific number of VEECs are created.
Even after they have been created, VEECs are not valid (meaning they cannot be bought, sold or surrendered) until they have been registered. When the ESC is notified that an Accredited Person has created some VEECs, it must then decide whether to register them.
To make its decision, the ESC uses a range of assessment methodologies to evaluate whether the certificates have been properly created. ('Properly created' means the accredited business has complied with all the relevant sections of the Act and Regulations that govern the creation of certificates).
Once it is satisfied that the VEECs have been properly created, the ESC levies a registration fee of $1 per VEEC. Once payment is received, the ESC registers the certificates and notifies the Accredited Person that the certificates are now valid. Depending on the quality of the data submitted to the ESC, this process can take anywhere from a few days to a month or more.
The process by which VEECs are bought and sold is known as a transfer. When an Accredited Person wants to transfer its VEECs, it must find a buyer in the VEEC market. The buyer may be a Relevant Entity (large energy retailers with a liability under the scheme), or another Accredited Person, or any other individual or organisation that holds a VEET Account (only VEET Account holders can buy, sell or hold VEECs).
The ESC does not provide a trading floor for the VEEC market but instead merely facilitates access to information about current owners of certificates, and records details of change of title resulting from VEEC transfers. Any terms and conditions of sale, including VEEC delivery and financial settlement, must be negotiated between the parties involved.
When an Accredited Person decides to undertake a VEEC transfer, it must use the transfer function available through its online VEET account platform. Account holders experiencing difficulty using this function should contact VEET Support on (03) 9651 4911. Once the transaction has been completed, the public VEEC register is altered to reflect the change of ownership. |
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