Water heating

Installations of new hot water-heaters may be eligible to receive a payment under the Renewable Energy Target (RET) or Victorian Energy Efficiency Target (VEET).

STCs for solar water-heaters
Much like STCs for solar PV, if a CER (Clean Energy Regulator) approved solar water-heater (SWH) is installed a STC payment will be available under the RET.

Please visit http://ret.cleanenergyregulator.gov.au/Hot-Water-Systems/Eligible-Solar-Water-Heaters/eligible-swhs to see which water-heating products are eligible under the Renewable Energy Target.

VEEC
Victorian households and businesses who replace their hot water-heater will be eligible to receive a Victorian Energy Efficiency Certificate (VEEC) payment for installing a VEET approved system.

Please visit https://www.veet.vic.gov.au/Public/ProductRegistrySearch.aspx to see which water-heating products are eligible under the Victorian Energy Efficiency Target.


We offer

  • Assistance in helping you claim your certificates
  • Fast payment for your STC or VEEC claims
  • Online certificate creation for solar water heating installers through Geo

Contact us to find out more about how you can benefit from the payments available to you for upgrading your hot-water system.

What are STCs and VEECs for water heaters?

STCs and VEECs represent a reduction of energy used to heat water when a high efficiency or solar water heater is installed.

By installing an eligible water heater and submitting a claim to Green Energy Trading you will be eligible to receive a certificate payment.


Who does Green Energy Trading pay in exchange for the STCs?

Payment for the STCs can be made to either the system supplier/installer or the system owner.

System supplier/installer: if an STC discount was provided at the point of sale, the STC payment can go to the system installer/supplier. Details of the STC discount (including the discount amount) must be included on the invoice for the sale of the system.

System owner: If no STC discount was provided at point-of-sale the system owner will be entitled to receive the STC payment from Green Energy Trading.


What water heaters are eligible to create STCs and VEECs?

STCs can be created for new installations of Clean Energy Regulator approved water heaters, including:

  • gas boosted solar water heaters,
  • electric boosted solar water heaters, and;
  • air-sourced heat pump water heaters.

Click here to view the full register of solar water heaters.

VEECs can be claimed when you decommission an existing electric or gas water heater (i.e., make it permanently unusable) and install an approved water heater, including;

  • 5-star rated gas storage water heater replacing electric water heater
  • 5-star or 6-star gas instantaneous water heater replacing electric water heater
  • gas boosted solar water heater replacing gas or electric water heater
  • electric boosted solar water heater replacing electric water heater, and;
  • air-sourced heat pump water heater replacing electric water heater.

When can certificates be claimed and do they expire?

Certificates can be claimed from the date the system has been completely and correctly installed.

Green Energy Trading highly recommends claims are submitted ASAP following installation to ensure they don’t expire.

STCs: Certificates must be claimed within 12 months of the installation date.

VEECs: Certificates must be claimed by June 30 of the year following the year of installation. For instance:

  • If the installation take place on December 30, 2015, certificates need to be claimed by June 30, 2016 (6 months in total).
  • If the installation takes place on January 1, 2016, certificates need to be claimed by June 30, 2017 (18 months in total).

Can both STCs and VEECs be claimed for a water heating installation?

In some cases, yes.

If the installation address is within Victoria, the water heater is approved for STCs and VEECs, and the existing electric or gas water heater has been decommissioned both STCs can be claimed. If the installation meets the requirements for both certificates types it is not necessary to complete a separate form for each claim. Combined forms for STC and VEEC can be found in the Forms section.


Can STCs and VEECs be claimed for multiple water heaters at the same address?

Yes. However, we need some additional information to make processing the claim straightforward.

The assignment form need to describe where each solar water heater (and the tank serial numbers) is located on the property. For instance:

“a system with serial number X is installed at the rear of the house and the system with serial number Y is installed on level 1 of the main building”.

A diagram of the property and photos of the installation, showing the location of the existing and new systems, is also very useful for processing your form.

In Victoria, up to two water heater replacements at a residential premise can claim VEECs. There is no such limit for water heater replacements at a business premises.