Financial Assistance for Homeowners

For installations from the 23 September 2008

If you are installing a solar water heating system from the 23rd September 2008, you may be eligible for government financial assistance of $1000, provided your installation meets the financial assistance criteria. The threshold is now removed and systems are found on the following list of packaged solar water heating systems lists .Solar accredited

There are two options for funding:

  • a contribution of $1000 towards the cost of a loan to pay for a solar water heating system, or
  • a grant of $1000 towards the cost of a system.

Criteria for financial assistance

Only systems published by EECA are eligible for financial assistance. EECA publishes participating suppliers’ systems that have been tested to NZ Standards and performance modelled.

The cost of the system, including all installation costs and building consent cost.

Systems that are eligible for funding assistance

What do I do to get a cash grant?

Step 1: Choose an eligible packaged solar water heating system

Step 2: Contact a participating supplier or their installer and ask for a quote (quote should include the total cost of the system, all installation costs, building consent and GST).

Step 3: If you decide to purchase the system, obtain a building consent. Your installer should be able to help with this process.

Step 4: Have your system installed by your installer, and signed off in accordance with the building consent.

Step 5: Complete the Grant Claim Form [PDF 117KB] with your installer.

Step 6: Send the Grant Claim Form to EECA. You will also need to provide a copy of your invoice to verify the installation and your bank account details for payment.

What do I do to get a loan?

Step 1: Choose an eligible packaged solar water heating system

Step 2: Contact a participating supplier or their installer and ask for a quote (quote should include the total cost of the system, all installation costs, building consent and GST) and tell your installer you want to apply for a loan.

Step 3: The installer will contact EECA’s finance provider, Prometheus Ethical Finance, on your behalf to apply for finance. If you are approved for finance, Prometheus will check that all scheme eligibility criteria are met and offer a loan agreement.

Quoted from the EECA website

Step 4: If you decide to purchase the system, obtain a building consent. Your installer should be able to help with this process.

Step 5: Have your system installed by your installer, and signed off in accordance with the building consent.

Step 6: Complete the Grant Claim Form [PDF 117 KB] with your installer who will then send the form with a copy of the invoice to Prometheus.

Step 7: Prometheus will pay the installer for the system. EECA will pay Prometheus $1000 to contribute to the cost of your loan.

Step 8: You will make loan payments for the solar water heating system to Prometheus.

 

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3.23 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."