Looking to add solar panels, a battery, or solar water heating to your home without a big upfront cost? If you’re an NZ Home Loans (NZHL) customer, their Sustainable Energy Loan could make your upgrade cashflow positive from day one. As John explains in the video below, the energy savings can outweigh the repayments right from the start.
Unlike the major banks, NZHL is a specialist mortgage company that takes a hands-on approach to helping Kiwi homeowners become debt-free faster. Their Sustainable Energy Loan works as a top-up on your existing NZHL mortgage, meaning you benefit from competitive home loan rates rather than higher personal loan or credit card rates.
As a SEANZ-approved installer with 22+ years of experience and 8,000+ installations across New Zealand, Sunshine Solar can provide the professional quote you need to get your application underway.
Good to Know
NZHL’s Sustainable Energy Loan isn’t limited to solar panels. It covers solar water heating, batteries, heat pumps, EV chargers, insulation, and double glazing — so you can bundle multiple upgrades into a single, low-cost top-up.
How Does the NZHL Sustainable Energy Loan Work?
NZHL operates differently from traditional banks. When you become an NZHL customer, you’re assigned a dedicated advisor who works with you on an ongoing basis to structure your mortgage repayments and help you pay off your home loan years ahead of schedule. Their unique debtor structure means every dollar is working as hard as possible for you.
The Sustainable Energy Loan fits neatly into this approach. Rather than taking out a separate personal loan at a higher interest rate, the cost of your solar system or energy upgrade is added as a top-up to your existing mortgage. This means:
- Lower repayments — mortgage rates are significantly cheaper than personal loan rates
- Flexible terms — repayments are structured within your overall mortgage plan
- Advisor support — your dedicated NZHL advisor helps ensure the loan fits your financial goals
- Wide eligibility — covers solar panels, solar water heating, batteries, heat pumps, EVs, insulation, and double glazing
Who Is Eligible for the NZHL Sustainable Energy Loan?
To access this lending, you need to be an existing NZHL customer — or be willing to move your mortgage to NZHL. If you’ve been considering switching mortgage providers, the addition of sustainable energy lending at competitive rates could make the move worthwhile.
You’ll also need a quote from a professional installer. Sunshine Solar provides obligation-free quotes for residential solar systems, solar water heating, and battery storage — exactly what NZHL requires to process your application.
22+
Years in Business
8,000+
Installations Completed
17.3 MW
Residential Solar Installed
How Does NZHL Compare to Bank Solar Loans?
Several major New Zealand banks now offer sustainable energy lending, and it pays to compare your options. The key advantage of NZHL is their personalised advisor model — you’re not just getting a loan, you’re getting ongoing financial guidance designed to minimise your total interest paid.
However, if you’re not already with NZHL and aren’t looking to switch mortgages, a bank-based option might be simpler. We’ve put together a detailed comparison of what the major banks offer in our guide to NZ’s top 4 banks and their solar loans. For a broader overview of every sustainable energy lending option available, see our comprehensive guide to sustainable energy loans in New Zealand.
Why Go Solar with Financing?
The average Kiwi household spends over $2,500 a year on electricity. A well-sized solar system can reduce that bill by 50-80%, and when financed at mortgage rates through NZHL, the monthly energy savings often exceed the loan repayments. That’s what cashflow positive from day one means in practice — you’re better off financially from the moment the system is switched on.
With electricity prices continuing to rise year on year, the gap between your savings and your repayments only widens over time. Once the loan is paid off, those savings are entirely yours.
Cashflow Positive From Day One
When your monthly energy savings are greater than your loan repayments, solar pays for itself while you use it. NZHL’s low mortgage-rate financing makes this achievable for most households.
Ready to Get a Quote for Your NZHL Application?
Getting started is straightforward. Sunshine Solar will assess your property, design a system tailored to your energy usage, and provide a detailed quote that meets NZHL’s requirements. There’s no obligation, and our team will walk you through the expected savings so you can see the numbers before you commit.
Get Your Free Solar Quote Today
Or call us on 0800 786 744 to speak with our team.