Sustainable energy loan
Borrow through a home loan for renewable energy at your owner-occupied home, with a contribution of up to NZ$2,000 when you borrow more than NZ$5,000.
Esta oportunidade está atualmente disponível em inglês.
You can fund solar power, small-scale hydro, wind energy or geothermal systems. This is a variable-rate home loan that you repay over seven to ten years; Kiwibank’s lending criteria, terms and fees apply.
If you borrow more than NZ$5,000, Kiwibank contributes up to NZ$2,000 towards the system over four years: NZ$800 at the end of the first year and NZ$400 at the end of each of the next three years.
Eligibility
- The property must be owner-occupied. Commercial properties do not qualify.
- You can top up an existing Kiwibank home loan, switch your mortgage to Kiwibank with additional borrowing for an eligible system, or build a new home with the system included in the property cost. In the switching and new-build routes, part of your home loan becomes the sustainable energy loan.
- The system must be sold to the general public and have at least a ten-year manufacturer’s warranty. It must be both supplied and installed by a company belonging to the Sustainable Energy Association of New Zealand (SEANZ). These requirements apply to every eligible system type.
- Take out the loan when the system is installed or when you obtain an installation agreement.
- Offset and revolving home loans are excluded. Kiwibank’s lending criteria, terms and fees apply.
How to apply
- Estado
- Aberto continuamente
- Condições do período de candidaturas
- Existing borrowers can seek a top-up; fresh customers can seek additional borrowing when switching a mortgage or financing a new build with an eligible system.[^c7][^c8][^c9]
Contact Kiwibank through its home loan specialist page to discuss an application, or call the home loans team on 0800 000 654, Monday to Friday, 8 am to 6 pm. Discuss the loan alongside the installation agreement or installation so that the required borrowing timing is met.