Ecobulb Supports Grey Power's Call to Expand Warmer Kiwi Homes to Include Hot Water Heat Pumps
Ecobulb endorses Grey Power's request for increased funding and expansion of the Warmer Kiwi Homes programme to include hot water heat pumps. With electricity prices projected to rise by 5%, Grey Power emphasizes the need for support, particularly for seniors. The Warmer Kiwi Homes programme, managed by EECA, currently allocates about $85 million annually but saw a reduction in planned funding by $100 million in the 2024 Budget. The proposal includes covering hot water heat pumps, which are more energy-efficient, potentially saving households significant costs.
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Ecobulb has backed Grey Power's initiative for enhanced funding for the Warmer Kiwi Homes programme and its expansion to include hot water heat pumps. With electricity prices expected to rise by 5%, Grey Power argues that many seniors face affordability issues.
The current programme, run by EECA, provides approximately $85 million per year but was reduced in the 2024 Budget. The groups are advocating for a restoration of funding and support for hot water heat pumps, which can decrease energy use by up to 75%. This change would modernize New Zealand's energy systems and alleviate costs for households.
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