EECA Offers Funding Grant for Home Insulation Among Low-Income Kiwis

Man installs home insulation

Man installs home insulationLow-income households in New Zealand that need home insulation services should consider applying for the Energy Efficiency and Conservation Authority’s (EECA) funding grant for homes that are built before 2000.

EECA plans to provide financing assistance under its programme called Warm Up New Zealand: Healthy Homes. The project will be available until July 1 for poor households and landlords with low-income tenants.

Funding Qualifications

Interested parties may send an application to ask for help in covering 50 per cent of the price for ceiling and under-floor insulation products and services. Qualified households should present a Community Services Card or a referral from the Healthy Homes project of the Ministry of Health.

If your home is not qualified for the government subsidy, you can still apply for financial assistance if you have a health condition or disability. Several local councils offer loans to help households pay for the installation of insulation systems. Some banks may likewise include the cost of insulation to their mortgage payments.

Home insulation is particularly important for those who plan to rent out their homes since the government will require under-floor and ceiling insulation for all leased properties by July 2019.

New Housing Model

Energy-efficient insulation can help lower your electricity bills. Some architects believe that property developers should focus more on building sustainable houses instead of larger homes.

Home builders usually prefer larger houses because they sell faster, although energy-efficient houses can save owners hundreds or even thousands of dollars in energy bills per year. In addition, an upgrade to a 6 Homestar rating only requires between $5,000 and $6,000 for an average-sized house.

Cash-strapped Kiwis should take advantage of the government subsidy, whilst property developers should consider building smaller yet more energy-efficient homes. It is better to look for contractors that have several years of experience in the insulation supply and installation industry.