FUND­ING FOR EARLY ADOPTER EN­ERGY-SAVERS

NZ Business - - BRIEFCASE -

EARLY ADOPTERS OF new tech­nol­ogy that cuts en­ergy use or car­bon emis­sions can get sup­port for their in­no­va­tive pro­ject from the En­ergy Ef­fi­ciency and Con­ser­va­tion Au­thor­ity (EECA).

EECA sup­ports en­ergy sav­ing or re­new­able en­ergy tech­nol­ogy that has yet to be widely adopted in New Zealand.

“We are look­ing to sup­port tech­nol­ogy that is in­no­va­tive, un­der­utilised or has not been ap­plied in the New Zealand en­vi­ron­ment,” says EECA Pro­ject Man­ager, Di­nesh Chand.

“Pi­o­neer­ing projects that can be repli­cated by other com­pa­nies so that en­ergy sav­ings go beyond the in­no­va­tor.”

Fund­ing for both cap­i­tal and show­cas­ing the tech­nol­ogy can cover up to 40 per­cent of the pro­ject costs to a max­i­mum of $100,000.

The Tech­nol­ogy Demon­stra­tion Pro­gramme is part of EECA’s work with busi­ness to pro­mote en­ergy ef­fi­ciency and re­new­able en­ergy.

To qual­ify for fund­ing, projects must re­duce en­ergy in­ten­sity or green­house gas emis­sions, be ap­pli­ca­ble to mul­ti­ple busi­nesses in a sec­tor, and must be fi­nan­cially vi­able, with a rea­son­able pay­back pe­riod.

Busi­nesses wish­ing to ap­ply for fund­ing to de­velop a demon­stra­tion pro­ject can do so ei­ther through a tech­nol­ogy sup­plier reg­is­tered with EECA or through the ap­pli­ca­tion form on the EECA Busi­ness web­site: www.eecabusi­ness.govt.nz/fundin­gand-sup­port/

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