← Back to calculators
VEU ESS Commercial

Commercial HPWH certificate range estimator

Estimate the VEEC (Victoria) or ESC (NSW) opportunity for a 10–200 kW commercial heat pump water heater from inputs you already know: capacity, tank volume and refrigerant. Results are a typical midpoint and a P10–P90 range, not a single figure.

Estimate, not a lodgement figure. Same-size systems legitimately earn 2–3× different certificate counts depending on design (control logic, setpoints, COP curve). This tool shows a typical midpoint and a P10–P90 range from 3 refrigerants across 177 modelled systems. Good design captures the top of the range. The exact number requires full AS/NZS 4234 TRNSYS modelling.

Combined thermal capacity of all heat pumps. Modelled range 361,163 kW.

Combined storage across all tanks. Modelled range 45919,092 L.

Refrigerant of the heat pump units.

Spot price moves. Default $85.

We don't publish equipment costs. Enter yours to see how much of it the certificate value offsets.

Estimated VEEC range

VEU Activity 44A(ii) — replace electric · ±29% typical error on public inputs

Low (P10)
1,547
$131,495
Typical
1,944
$165,240
High (P90)
2,586
$219,810

A system like this typically earns 1,5472,586 VEECs, worth roughly $131,495$219,810 at $85/VEEC.

At a glance — VEECs by capacity

VEU Activity 44A(ii) — replace electric, CO₂, ~5 L/kW storage. Updates with the toggles above.

CapacityTypical VEECRange (P10–P90)≈ value
20 kW559445743$47,515
50 kW567451754$48,195
100 kW8096441,076$68,765
200 kW1,9441,5472,586$165,240

Estimates use the EnergyAE commercial modelling database (177 systems ≥10 kW) and the regulated VEU Activity 44 and ESS Schedule F equations, scaled across the relevant climate zones (VIC zones 4+5, NSW zones 3+5).

Figures are AS/NZS 4234-validated factors (EEFm 0.393, ElecCCF 1.06, GasCCF 0.47, metro network factor). They are an estimate for business-case purposes only — a registered certificate quantity requires full TRNSYS modelling of your specific system.