With power bills rising and sustainability a buzzword to talk about, many homeowners are asking how they can make their homes more energy efficient. Well the good news is that banks and lenders now offer Good Energy Loans. These are special lending products designed to help cover the upfront costs of solar panels, insulation, and other energy upgrades.
What is a Good Energy Loan?
A Good Energy Loan is a mortgage top-up or refinance option that provides discounted rates or incentives when funds are used for eligible eco-friendly improvements. Common upgrades include:
- Solar panel systems with or without battery storage
- Heat pumps and energy-efficient hot water systems
- Insulation and double glazing
- Ventilation systems for drier, healthier homes
- EV chargers or energy-efficient appliances
By using a Good Energy Loan, you can spread the cost of upgrades across your mortgage instead of paying for everything upfront.
Benefits of Good Energy Loans
- Lower energy costs – solar panels and insulation reduce long-term bills.
- Increased home comfort – warmer, drier, healthier living spaces.
- Future-proofing your property – eco upgrades can boost resale value.
- Sustainable living – reduce your household’s carbon footprint.
Refinance or Refix with a Good Energy Loan
There are several banks offering good energy or green loan options that will allow you to refinance your mortgage or refix your mortgage rate to include eco-upgrade lending. Here are the available green loan options in New Zealand:
- Westpac greater choices home loan
- BNZ green home loan top-ups
- ANZ good energy home loan
- ASB better homes top up
- Kiwibank sustainable energy loan
How We Can Help
Our Priority Home Loans mortgage advisors will help you:
- Check which lenders currently offer Good Energy Loans.
- Compare whether a mortgage refinance or mortgage refix is your best path.
- Tailor your lending so eco-upgrades don’t stretch your budget.
We are here to help you
OUR OFFICE
67 Norton Road, Frankton, Hamilton 3204
Monday – Thursday 9.30am to 4.00pm
Friday 9.30am to 3.00pm