07 March 2017
Masterton & Wainuiomata Ratepayers: Get Insulation and/or Heat Pumps on your rates
Masterton and Wainuiomata ratepayers can get both insulation and heat pumps installed in their homes by us and pay it off on their rates. But ACT NOW - to get your insulation installed this winter!
Masterton and Wainuiomata ratepayers can benefit from the Greater Wellington Regional Council’s Warm Greater Wellington programme which encourages ratepayers to make their homes and communities healthier. The programme allows Masterton and Wainuiomata home owners to get both insulation and heat pumps installed and pay it off via their Greater Wellington Regional Council rates payments over up to 9 years.
ACT NOW - to get your insulation installed this winter!
Smart Energy Solutions is an approved insulation and heat pump provider under the Wellington Regional Council’s "Warm Greater Wellington" programme and can assess your Masterton home for BOTH insulation and heat pumps at once. We are New Zealand’s largest retrofit insulation companies and are also an approved provider under the EECA Warm Up New Zealand programme.
Insulation keeps your home warmer and drier and can lower your power bills. Insulation creates a barrier to reduce heat escaping your home during winter - this can lower your energy bills. Even more importantly a study by the Wellington School of Medicine & Health Sciences* confirmed that people who live in insulated homes are healthier.
Why Clean Heat is important
Masterton is situated in such a way that air pollution in winter is a signiicant issue affecting the health of residents especially children, the elderly and those with respiratory issues. The Greater Wellington Regional Council is encouraging the replacement of open fires and old log burners with "clean heat" devices such as heat pumps. While the insulation offer is available throughout the Greater Wellington area, the option to pay for heat pumps and other approved clean-heat devices is limited to Masterton and Wainuiomata.
How Much Funding is Available?
The Wellington Regional Council’s programme provides up to $3,900 of funding support for home insulation products which can be used for ceiling or underfloor insulation installed by an approved provider in homes built before the year 2000. A total of $5,000 is available for insulation and heat pumps combined or $5,000 for clean heating/heat pumps on their own.
Who is Eligible for this Insulation Funding?
To be eligible for the Warm Greater Wellington funding you must:
- Be a ratepayer to the Greater Wellington Regional Council
- Be current with your rates payments
- Your home must have been built before 2000
- And you must have a quote from an approved insulation provider
How is the funding re-paid?
The funding is repaid through your regular Wellington rates bill and is itemised as a "targeted rate". The repayments are over a period of 9 years and you can make additional repayments if you wish to pay it off earlier.
If you sell your house before fully paying off the financial assistance you are legally required to disclose the existence of the targeted rate to potential buyers. Alternatively you can pay the outstanding amount off in full prior to selling.
Adding insulation will mean you use less energy (electricity, wood, gas) to create the equivalent warmth and so you can save money while you’re paying the insulation off.
What is the interest rate?
The targeted rate is interest bearing to cover the council’s costs. The interest rate is 7% per annum and is reviewed annually. Insulation of $3,900 would have an approximate repayment of $12 per week while $5,000 would be around $15 per week. You can learn more by contacting us for a no-obligation home assessment or visit the Warm Greater Wellington programme on the Greater Wellington Regional Council website.
Smart Energy Solutions in Wellington is a one-stop-shop that can give you quotes on ceiling insulation, underfloor insulation, heat-pumps and ventilation and heat transfer systems. Our Wellington base is in Lower Hutt and we can visit you in your home anywhere in the greater Wellington region. We are expert installers of leading insulation brands and have a reputation for excellent installation quality through the EECA insulation programme.
Masterton and Wainuiomata homeowners can benefit from our whole home assessment to guide you towards the products that will have the best effect on your home’s warmth, efficiency and health.
We only work with trusted leading brands including Mammoth Modern Insulation, Bradford Gold insulation, Daikin heat pumps, Panasonic heat pumps, Mitsubishi Electric heatpumps and SmartVent home ventilation and heat transfer systems.