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Bonus for Wellington businesses cutting energy costs

Bonus for Wellington businesses cutting energy costs
Wellington companies are being offered a $1000 sweetener to help them cut their energy usage thanks to a joint initiative between the Government and Wellington City Council.
Electricity [3]

Photo / jnyemb on Flickr

Wellington companies are being offered a $1000 sweetener to improve their energy usage thanks to a partnership between the Government and Wellington City Council.

Last month saw the launch of the Energising Business programme, intended to help Kiwi organisations cut their energy costs. Under the EECA initiative, companies may be eligible for up to $30,000 (or a third of the project cost) to help them identify and put in place energy-saving measures.

And in our fair capital, there's a further $1,000 being dangled under business owners' noses to encourage them to get on board.

EECA chief executive Mike Underhill says the whole region could potentially benefit from a more energy-efficient business sector.

“It’s great that Wellington City Council recognises the benefits of improving energy use, and that it’s incentivising businesses to take action. Energy savings go straight to the bottom line, making companies more robust, productive and competitive—which is good for the region, and for the country.”

Wellington mayor Celia Wade-Brown expects more local businesses will now be persuaded to look at ways to reduce their power bills.

“This will be the incentive others need to take the plunge and start making some changes,” she says. “Partnerships are essential for Wellington if we are to achieve our ambitious climate change goals.”

Acting Minister of Energy and Resources Hekia Parata says there's an estimated $2 billion in business energy savings nationwide to be had.

“That’s a lot of money going to waste that companies could put to better use, developing new products or expanding markets.”

Nine service providers throughout the country have been contracted to deliver energy-saving expertise under Energising Business, targeting a range of company sizes and sectors.