01 / Investment support
Gas Transition Loan Guarantee Scheme
A Government-backed scheme supporting up to $1.2 billion of bank loans for businesses moving away from gas.
- For businesses operating in New Zealand using at least 1,000 GJ of gas a year.
- New loans only, for energy efficiency, fuel switching and other gas-reducing technology.
- The project must be expected to reduce gas use by at least 15%; producing less does not count.
- Participating banks: ANZ, ASB, BNZ, Kiwibank and Westpac.
- Up to $50 million per borrower.
- The scheme runs for three years.
- The Crown guarantees 80% of each eligible loan, in exchange for lower interest.
Your participating bank confirms lending requirements and final terms. A guarantee is not a grant, and the borrower remains responsible for repayment.
02 / Assessment support
EECA co-funding
Support to understand which energy improvements make sense before you invest. These products are for piped-gas users: a NZ-registered business that owns or manages the plant, using an independent provider.
| Product | Annual gas spend | EECA pays | Cap excl. GST |
|---|---|---|---|
| Walk-through energy audit | $30,000–$250,000 | Full cost | $3,000 |
| Options assessment | $30,000–$400,000 | Up to 50% | $5,000 |
| Full energy audit | Over $250,000 | Up to 40% | $20,000 |
| Feasibility study / business case | Over $250,000 | Up to 40% | $50,000 |
Sites spending $250,000–$400,000 can choose from both lanes.
Walk-through audits and options assessments require an EECA-approved provider. A walk-through audit includes a site visit and short report with at least three efficiency opportunities, technology options, indicative savings and capital scale. An options assessment provides a costed comparison of options and a recommended pathway.
Information current as of October 2026. Indicative only; eligibility is confirmed by EECA and participating banks.