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Finance options

Insulation, heating and other energy efficiency measures in your home are a good investment. However, if you are wondering how you are going to afford it, here are some options. For free, confidential and impartial financial advice, we can recommend the services provided by Christchurch Budget Service (03 366 3422).

Contact your bank, if you have a mortgage

Many major banks can add the amount needed for insulation and heating to your mortgage without extra fees. Some banks offer interest-free top-ups of your mortgage for insulation and heating. This means that for around $20 a week you can have a warm, comfortable home (amount depending on size of house and insulation required). ANZ welcomes applications for interest free top ups, up to $5000 for insulation and up to a further $5000 for Heat pumps. Westpac offers up to $10,000 interest free for five years. Kiwibank will top up a $5000 loan by $2000.

If you are with another provider, please contact them for details.

Advance payment of WINZ benefit

If you are currently receiving a benefit through WINZ you may be able to apply for an advance payment for essential repairs or maintenance to help with the cost of energy efficiency in your home. This can be paid back over a period of time that is affordable for you. Find out more information on www.workandincome.govt.nz or call 0800 559 009. CEA can provide you with a letter to assist your application should this be required.

CEA may be able to offer an interest-free payment plan. Please ask our customer service team for more information on this.

CEA payment plan

CEA may be able to offer an interest-free payment plan. Please ask our customer service team for more information on this.