The Victorian Energy Upgrades (VEU) program works by providing financial incentives for households and businesses in Victoria, Australia to upgrade their energy-consuming equipment to more energy-efficient models. The program is designed to reduce energy consumption, lower greenhouse gas emissions, and help households and businesses save money on their energy bills.
Overall, the VEU program is a win-win for consumers and the environment. Consumers can save money on their energy bills while also reducing their carbon footprint. At the same time, the program helps Victoria to meet its energy efficiency and greenhouse gas emissions targets.