As a business owner or a manager, “energy usage” is one of the significant expenses you'll face. Lighting, in particular, contributes to energy bills for commercial and industrial buildings more than any other service. Upgrading your lighting system can result in significant cost savings and contribute to reducing your carbon footprint. With many state governments offering generous incentives, it's never been a better time to upgrade. Unfortunately, if your business is based in Victoria, you have a limited time left for to take advantage of the Victorian Energy Upgrades (VEU) program for LED lighting.

What is the VEU?

The Victorian Energy Upgrades program is an energy efficiency scheme initiated by the Victorian Government. The program is designed to reduce greenhouse gas emissions while also helping businesses and households reduce their energy bills. The VEU program incentivises the replacement of inefficient lighting and other energy-consuming equipment with more efficient alternatives for little to no cost. In addition, the program provides businesses with financial incentives to upgrade their lighting systems, allowing them to save on energy costs while also contributing to a more sustainable environment.

Under the commercial and industrial lighting upgrade initiative, businesses can receive discounts or rebates for upgrading their lighting systems. The size of the discount or rebate depends on several factors, such as the size of the facility and the type of lighting system being upgraded. The program provides a range of energy-efficient LED lighting options, from standard to new-generation super bright, highly efficient boutique options.  To participate in the VEU program, businesses must engage with an Accredited Provider like ELWA Energy Savers. Accredited Providers are companies the Victorian Government has authorised to provide energy efficiency services under the VEU program. But time is running out, as the scheme is slated to end in December 2023. So if you have old inefficient lighting in your business, now is the best time to take advantage of this scheme and save yourself thousands of dollars in running costs.

Why Upgrade to Energy-Efficient Lighting?

There are several reasons why businesses should consider upgrading to energy-efficient lighting. The first and most significant benefit is the cost savings. Energy-efficient LED lighting systems use significantly less electricity than traditional halogen lighting systems, lowering energy bills. The adoption of LED lighting can result in a substantial reduction in lighting costs of up to 70%, which can be a lot of money, especially with the rising energy costs across the nation. 

This environmentally friendly technology consumes significantly less energy than traditional lighting options such as incandescent and fluorescent bulbs. In addition, it boasts a longer lifespan, reducing the need for frequent maintenance, which can save you even more money. Furthermore, the improvements in LED technology over the years have led to diverse options, making it easier to find the perfect lighting solution for your business. 

By switching to LED lighting, businesses and homeowners alike can enjoy substantial cost savings while reducing their carbon footprint. In addition, using energy-efficient lighting systems reduces energy consumption, lowering greenhouse gas emissions. By upgrading to energy-efficient LED lighting systems, businesses can contribute to a more sustainable environment.

The benefits keep coming as energy-efficient LED lighting systems provide better lighting quality too. They produce brighter, more even lighting that can improve employee productivity and safety in the workplace and encourage more sales in retail environments. Improved lighting can also enhance the overall aesthetic of the facility, which can be beneficial for businesses that rely on visual merchandising or have customer-facing areas.

Another factor that most businesses may have yet to consider is that LED lights provide a more temperature-friendly lighting solution than traditional halogen lights. The advanced technology behind LED lights allows them to emit light without generating significant heat, keeping the room cooler. In contrast, halogen bulbs produce considerable heat as a by-product of their operation, contributing to increased room temperatures and creating a less comfortable environment. But the unseen costs come from excess air conditioning use, which can increase your usage by 15% if a room is only two degrees hotter. This means that utilising LED lights can save even more energy as a by-product of this advanced technology. 

So how much could your business save by swapping to LED lights?

As discussed above, the benefits are enormous, with a possible saving of up to 70% on your energy usage and environmental concessions. But the fact that the Victorian government scheme can cover most of the cost means your out-of-pocket expense can be almost zero! As long as you take advantage of the scheme before it runs out towards the end of the year. 

You can even estimate how much you will save with our handy LED lighting calculator on our website, but what good are percentages when we can give you actual results we have achieved for our clients?

Take a Look at Some of our Projects

222 Bourke Street is an educational facility boasting a 10,000 square metre space that we upgraded to high-efficiency LED lights. After the lighting swap, they went from a dull and dark environment to a bright and vibrant educational space. We saved them 71% overall on their energy usage in the first year and an even more significant saving with our maintenance-free new technology LED lights.

Another client we helped save from a dull workplace was the central warehouse for ARB 4x4 accessories. After less than two years, they have already saved over $24,000. They also significantly increased the safety in their warehouse with the increased LUX levels, reducing workplace accident rates. 

Rebel Shepparton is a large open retail space, and after their modern LED upgrade, we managed to save over 70% on their overall energy usage. This equates to over $110,000 in a ten-year period and 442 tonnes of carbon being released into the atmosphere. 

The last case study we have for you is the Jetstar Head Office. After upgrading the entire facility to our advanced LED lighting system, they will save $668,841 over the system's lifespan and 1802 tonnes of carbon. This upgrade equates to a massive 77.8% energy reduction! Please read the full story here and see the enormous difference we made for yourself.

Time is running out to take advantage of government grants

We urge you to take advantage of the incredible opportunity for your business to benefit from the VEU LED lighting rebates program before it's too late. You can secure funding by acting now and contacting us to help you navigate the application process, significantly reducing your upfront investment in LED business lighting. After installation, your business will enjoy immediate savings on your energy bills and contribute to a more sustainable future by reducing your carbon footprint. Time is of the essence, so reach out today and ensure you take full advantage of these limited-time grants before they run out and unlock the long-lasting benefits of LED lighting for your Victorian business.

Talk to our highly trained sales team today about your lighting and hot water requirements, and we will guide you on taking advantage of all your state’s schemes and rebates.

For any questions or enquiries, please go to our contact page or click here for more information on our range of LED Lighting.

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