Friday, May 28, 2010

Hot demand for home insulation scheme

More than 43,000 houses across New Zealand have been insulated under our scheme to make Kiwi homes warmer, healthier, and drier.

We have committed $347 million over four years to retrofit 188,500 homes with insulation and clean heating.

This is a good programme. More people than ever before are getting their homes insulated and that is good for them, and good for the country.

The 43,430 households insulated in the first 10 months of the programme have far exceeded the first year target of 27,500 homes.

In addition, about 2000 jobs will be created over the four-year lifetime of the scheme, providing a significant boost to regional economies across New Zealand.

From the outset, demand has been exceptionally high, especially from households on lower incomes.

In December, we added $24 million over four years to increase the number of low-income households that could benefit from the scheme by at least 8500. To date, 22,365 low-income households have taken part in the programme.

For more information visit:
http://www.beehive.govt.nz/release/hot+demand+government+insulation+scheme

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