|Policy Type:||Economic Instruments>Fiscal/financial incentives>Grants and subsidies|
|Policy Target:||Buildings, Buildings>Residential|
|Agency:||Energy Efficiency and Conservation Authority (EECA)|
|Funding:||NZD 100 million over the three years from 2013 to 2016, and NZD 18 million over two years from mid 2016 to 2018.|
In May 2013 the Government announced an investment of $100 million to insulate 46,000 homes in a new three-year insulation programme delivering warmer, drier and healthier homes to communities in most need. The programme targeted low-income households, particularly those with high health needs – which included children, the elderly, and people at risk of cold-related illness. Unlike its predecessor, Warm Up New Zealand: Heat Smart, the programme did not provide any funding to general income households, or for clean heating devices.
The Government’s investment of up to 60% of the cost of a home’s insulation was augmented by significant levels of funding from trusts and other third parties. This made insulation available to those households in most need, at low or no cost.
As at the end of September 2015, 94% of the 46,000 houses (the programme target) had been insulated. More homes than planned for were insulated in every year of the programme. By the end of the programme in 2016 more than 55,000 homes (9,000 more than the programme target) were insulated.
|This record supersedes:||Warm Up New Zealand: Heat Smart|
year effective: 2013 with an extension announced in 2016
Last modified: Wed, 14 Feb 2018 19:22:16 CET