Objectives
To help you install an energy monitoring and targeting system for saving energy and reducing emissions. With accurate, ongoing insights into your energy use, you can set effective targets and take action that makes a difference.
Eligibility
- Open to New Zealand-registered businesses and public organisations that spend more than $3 million a year on stationary energy (that used in fixed locations).
- Co-funding is capped at 40% of the cost of an energy monitoring and targeting system, up to a maximum of $100,000.
What kind of project is this co-funding for?
This funding is for installing a system that will record, analyse and compare your business’s energy use, as well as set targets and report back. This may include metering equipment.
Suitable systems and processes on commercial and industrial sites include those for:
- process heat
- pumps and motors
- compressed air
- refrigeration
- HVAC
- lighting controls.
Our funding is usually enough to ensure the project meets your investment criteria.
Things to be aware of
If your proposed project has a payback period of under 2 years, it won’t be eligible for co-funding.
To receive full co-funding, your project must deliver a certain level of energy savings. We can talk you through what this means for any project you have in mind.
Application process
Contact your EECA Regional Manager to ask questions and discuss your needs, or email us at business@eeca.govt.nz
Approved service provider list
Explore our list to see who could help with installing a monitoring and targeting system.