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Econergy says govt will tax heat pump installation

posted Jun 28, 2012, 1:56 AM by ema-1 ema-1   [ updated Jun 28, 2012, 2:02 AM ]
"Uptake of innovative technology for saving on electric power bills is facing increasing headwinds with changes in government policy says David Senn, Managing Director of Econergy Limited, the leading New Zealand Manufacturer of Heat Pump Water Heaters"

"Government is now set to tax installation of heat pump water heaters under recent changes to the Emissions Trading Scheme (ETS). Under the new rules, the refrigerants used in heat pump water heaters will be taxed from 1st January 2013. It is estimated that the proposed tax will add up to $200 to the retail price of a heat pump water heater at current carbon emission unit pricing"

"It is unfair to tax energy efficient products that reduce carbon emissions. Either the tax should be removed or the rules modified to allow installers of HPWH to claim a carbon credit at the point of sale (Similar to the Australian REC System)"

"The Government has been offering homeowners a subsidy upon installation of $575 incl GST under the EECA Efficient Hot Water Scheme, however this subsidy was discontinued in the recent budget cuts" 

Full story: http://business.scoop.co.nz/2012/05/31/government-hot-water-subsidy-to-be-replaced-with-carbon-tax/
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