Green Loans
Blog post description.
2/4/20263 min read
Financing Your Home Heating Upgrades with Green Home Loans
If you’re seeking financial support for energy-efficient heating, there are many green loan programs available-but it can be tricky to determine what’s available and if you’re eligible.
This guide outlines the available loan options and the application process, helping you install a top-quality Rinnai Heat Pump or Hot Water Heat Pump for a warmer home and reliable hot water supply.
NZ Green Energy Loans For Heat Pumps and Hot Water Heat Pumps
ANZ Good Energy Home Loan
ANZ offers the Good Energy Home Loan, providing up to $80,000 at a 1% p.a. fixed rate for three years. This loan is eligible for energy-efficient upgrades like heat pumps or water heating systems.
BNZ Green Home Loan
BNZ’s Green Home Loan also offers up to $80,000 at a 1% p.a. fixed rate for three years. It is specifically designed to finance heat pumps or water heating systems.
Better Future home loan top-ups - BNZ
ASB Better Homes Top-up Loan
ASB provides the Better Homes top-up loan, offering up to $80,000 at a 1% fixed interest rate for a 3-year period. If you can’t pay it off in 3 years, ASB’s variable interest rate applies. To qualify, you must have a home loan with ASB or be willing to switch to them. This loan covers heat pumps and other energy-efficient products.
Westpac Warm Up Loan
Westpac’s Warm Up Loan offers up to $50,000 interest-free for five years. It is suitable for heat pumps and other home energy improvements.
Westpac Greater Choices Home Loan | Westpac NZ
Why Choose Rinnai With Your Green Energy Loan
Energy Efficient home heating and water heating upgrade for your home
Rinnai heat pumps and hot water heat pumps are designed for maximum energy efficiency, helping you reduce your carbon footprint and save on energy bills.
Packed with innovative features including Wi-Fi connectivity, self-cleaning function and sleep mode, the Rinnai Pro Series High Wall Heat Pump is the ultimate Heat Pump to provide complete comfort. This smart system can also work around your unique lifestyle with an ultra-practical timer function, allowing you to set the unit’s operation times to achieve the perfect room temperature.
In addition, the Rinnai Pro Series Triple-Health Filter not only improves the heating efficiency by accelerating the defrosting process in super-cold conditions, but it also reduces pollutants and uses nanotechnology to effectively prevent bacteria growth by releasing antimicrobial silver ions.
Rinnai HydraHeat® Hot Water Heat Pump: Using the efficiency of heat pump technology, HydraHeat® will heat a home’s water while saving you up to 75% on your water heating costs*. The result is a far more cost-effective and more sustainable solution for the homes of tomorrow. Designed and built right here in New Zealand for Kiwi conditions, HydraHeat® is easy to install for any home. With a focus on sustainability, the HydraHeat® Hot Water Heat Pump is powered by only 150g of high-efficiency R290 refrigerant with low Global Warming Potential and COP of 4.7.**
The Rinnai Enviroflo™ GR Hot Water Heat Pump is an entry-level water heating solution utilizing an innovative heat exchange system to heat water by drawing on the heat from the surrounding air. With its advanced controller, enjoy maximum hot water availability while cutting energy usage by up to 70%* compared to standard electric storage tanks.
Rinnai Pro Series Ducted Heat Pump Systems; Designed and Built for New Zealand Conditions: There’s no weather in the world quite like what we experience in New Zealand. This means when you design a Heat Pump System, you need one that can stand up to whatever Mother Nature throws at it.
With that in mind, the Rinnai Pro Series is designed especially for New Zealand. Through product design, durable build materials, and organic coatings, we have developed the Pro Series to better resist our harsh coastal environments where salt can have a devastating effect on lesser-designed products. Particular thought has gone into our outdoor unit which includes stainless steel bolts, a clever case design to maximize water runoff, and a hermetically sealed electrical box, which all contribute to the increased overall durability of the series.
Information from Rinnai wensite: Financing heat pump or hot water heat pump with Green Loans | Rinnai NZ