|Policy Type:||Economic Instruments>Direct investment|
|Funding:||NZD 3 million|
Working in partnerships with other organisations, New Zealands Electricty Commission subsidised the retail purchase price of the energy saving bulbs. Marketing of the campaign was undertaken by the partner organisations with some funding support from the Commission. This project was completed in 2007. For the country, it is more economic to invest in energy-saving bulbs than to produce the additional electricity required to power standard bulbs. According to the Electricity Commission, the energy-saving bulb programme costs New Zealanders around NZD 1 cent per kilowatt hour, relative to the NZD 6 - 8 cents per kilowatt hour price of producing electricity to light inefficient bulbs. Drawing on the Electricity Commission Levy that consumers pay to their electricity retailer, New Zealands Electricity Commission initially set aside NZD 3 million to invest in residential energy-saving bulb campaigns throughout the country, with the aim of installing up to 3 million energy-saving CFL bulbs by June 2007. This is estimated to equate to replacing around five standard bulbs with five energy-saving bulbs in every second home. It is estimated that replacing standard lightbulbs with energy efficient light bulbs on this scale can save enough electricity to power up to 30,000 homes a year; cut New Zealands annual residential power bills by about NZD 45 million, and reduce energy-related greenhouse gas emissions by 170,000 tonnes of carbon dioxide per year. The Commission collaborated with a number of bulb manufacturers and distributors (as a result of the November 2008 and March 2009 Request for Proposals (RFPs) for Efficient Lighting CFL Subsidy Programmes) to offer a range of subsidised efficient lighting products. A full list of subsidised products and the outlets they can be purchased from is available on the RightLight website (see URL).
|Related policies:||Lighting Efficiency Stakeholder Group Established|
Last modified: Mon, 15 Jun 2015 16:36:06 CEST