We deliver a range of audit, engagement, compliance and enforcement functions under the Victorian Energy Upgrades (VEU) program, using a risk-based framework approach.
Our VEU audit, engagement, compliance and enforcement functions
We regulate participation in the Victorian Energy Upgrades program and promote compliance with obligations through monitoring, engagement and audit activities, and compliance and enforcement actions.
We apply an integrated risk-based framework to our audit and compliance functions, and regularly engage with stakeholders to discuss improvements. In doing so, we aim to promote active compliance cultures by all accredited persons and scheme participants.
We monitor compliance with the:
- the Victorian Energy Efficiency Target Act 2007
- the Victorian Energy Efficiency Target Regulations 2018
- the Victorian Energy Efficiency Target (Project-Based Activities) Regulations 2017
- the Victorian Energy Efficiency Target Guidelines
- guidance documents (which provide information to scheme participants in respect of our regulation of the VEU program).
Compliance and enforcement policy
The commission's compliance and enforcement policy outlines our approach to compliance and enforcement in the sectors we regulate and administer, including the Victorian Energy Upgrades program.
Compliance and enforcement priorities
We identify enduring and strategic priorities for compliance and enforcement in the Victorian Energy Upgrades program to protect consumers and uphold program integrity.
Each year we review and release our priorities for the year ahead based on current risks in the program, to ensure we focus resources on the right areas. Click on the link below to view or current priorities.
Audits
The Victorian Energy Efficiency Target Act 2007 requires different types of audits to ensure that those operating under the VEU program are complying with program requirements.