If you've been putting off replacing your old heating or cooling system because of the cost, there's good news — the Victorian Government may cover a significant portion of it for you.
Through the Victorian Energy Upgrades (VEU) program, eligible Victorian households and businesses can access substantial upfront discounts on new energy-efficient heating and cooling systems. In 2026, these discounts are more generous than ever.
How much can you save?
The amount you can save depends on what you're upgrading and what you're replacing it with:
• Up to $3,560 off a new reverse cycle split system air conditioner
• Up to $5,530 when replacing a gas ducted heating system with an energy-efficient reverse cycle system
These are not rebates you claim back later — the saving is applied directly to your installation invoice on the day. No paperwork, no waiting, no claim forms.
Am I eligible?
Eligibility for the VEU program is straightforward. To qualify, you need to:
• Own or rent a property in Victoria
• Have a property that is at least 2 years old
• Be replacing a system that is also at least 2 years old
There is no income test. Most Victorian homeowners and many businesses qualify.
What systems are eligible?
The VEU program focuses on energy-efficient upgrades that reduce greenhouse gas emissions. Eligible upgrades in 2026 include:
• Reverse cycle split system air conditioners (replacing older, less efficient systems)
• Ducted reverse cycle air conditioning (replacing gas ducted heating)
• Multi-head split systems replacing gas heating
The program is specifically designed to support Victoria's transition away from gas heating toward cleaner, more efficient electric systems.
How does Alby Cool help with rebates?
At Alby Cool, we take the complexity out of the rebate process. When you contact us for a quote, we will:
• Assess your current system and confirm what you're eligible for
• Factor the full rebate amount into your quote so you can see the real cost upfront
• Handle the paperwork — you don't need to do anything separately
• Apply the discount directly to your invoice on installation day
There's no catch and no extra fees for helping you access the rebate. It's simply part of how we do business.
How long will the rebates last?
The VEU program is ongoing, but rebate amounts can change as the program evolves. The current figures are accurate as of 2026, but we always recommend getting in touch sooner rather than later to lock in your quote while current rebate levels apply.
Ready to find out what you qualify for?
Contact Alby Cool today for a free, no-obligation assessment. We service Frankston, the Mornington Peninsula, and surrounding suburbs including Seaford, Langwarrin, Carrum Downs, Mount Eliza, Mornington, Cranbourne, and more.
Email: andrew@albycool.com.au
Web: www.albycool.com.au
— Andrew Albert, Director, Alby Cool Pty Ltd