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Jan 2024
Autumn and Winter are not far away, and energy will again be a hot topic/cost for growers.
Energy reduction funding applications are still available. EECA Tech Demonstration Fund may provide you with a subsidy opportunity.
The programme is open to operating businesses who want to undertake a project to:
» Install energy efficient and/or renewable energy and/or decarbonisation technologies that are proven; or
» Implement an innovative energy efficiency, renewable energy or decarbonisation process improvement opportunity themselves.
If approved, we will co-fund up to 50 % of the project costs, to a maximum of:
» $250,000 for non-process heat related projects; or
» $500,000 for process heat related decarbonisation projects.
To qualify for funding, your project must:
» Reduce energy intensity and/or greenhouse gas emissions in an actual operating environment;
» Be applicable to multiple businesses in a sector; and
» Be financially viable, with a reasonable payback period.
In addition, you must meet the following requirements:
» All applicants must be legal entities registered in New Zealand;
» For technology related projects the technology must be commercially available;
» For innovative processes projects, any process change must be proven;
» You will commit to having your project independently monitored and outcomes verified; and
» You will collaborate with EECA to promote the project and outcomes.
Projects must meet minimum cost-effectiveness requirements for energy benefits and carbon reductions. We will not consider projects that have already started or would happen anyway. We will also not fund projects involving the following:
» Heat pumps < 10 kW
» Residential products
» Standard commercial lighting, including LED’s and office products
» Solar hot water and photovoltaic panels
» Electric light passenger vehicles (specialist electric vehicles may be considered)
» Wind, hydro, geothermal, solar, biomass and marine electricity generation
» Technology and processes under research and development
» Technology suppliers wanting to demonstrate a technology in a test environment.