Warm Greater Wellington FAQs

QUESTION

ANSWER

How much money can I get?

Up to a maximum of $2600 per rateable property.

Is this a grant or do I need to pay it back?

This is not a grant. The council is providing financial assistance to enable you to get the insulation or clean heat solution in your property.

How do I pay it back?

The council will recover the money by way of a targeted rate over a 9 year period. This being added to your regular rates bill.

How much will I repay?

Over the 9 years you will repay the original amount the council paid, our cost of borrowing to fund this plus the interest (which will be approximately 7 – 8% interest in the first year) and a small administration fee. Each following year the interest rate is subject to change.

Can I pay back early?

Yes – contact the council.

How do I know how much I have outstanding to pay?

Contact the council.

If I apply, how long will it take for my application to be approved?

A couple of working days.

If I change my mind, can I cancel my application?

Just as long as you inform us before the installer completes their work and invoices us (so we don’t pay them).

What happens when I sell my house? Do I have to pay off the outstanding balance?

No, the full amount is repaid through your rates and this rate along with the heat solution stays with your house. You will be required to inform the purchaser of this targeted rate on the property. You usually do this via your solicitor.

I have more than one house on my property. Can I get funding assistance for each?

Only if each is on a separate rates account.