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ANZ Good Energy Agri Loan

Want to improve your business by making energy-efficient upgrades to the houses on your farm? Our business loan with a great interest rate can help. Eligible upgrades include glazing, heat pumps, insulation, rainwater tanks, and solar panels.

Rate and offer details

ANZ Good Energy Agri Loan 

3-year fixed rate

Rate is unavailable

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Borrow up to $80,000 per trading group to make houses on your farm more energy efficient and better for the environment.

This rate will only apply to the additional loan for the initial 3-year fixed term period. When this fixed rate period expires, you can talk to your Relationship Manager about your interest rate options. At the end of the 3-year fixed rate, your loan will roll over to a floating rate.

The ANZ Good Energy Agri Loan is not available for personal purposes or for new-builds (until the new-build lending is fully drawn).

How it works

Apply for the ANZ Good Energy Agri Loan to borrow between $5,000 and $80,000 per trading group to buy any of these ANZ Good Energy Upgrades for the houses on your farm:

Energy efficiency upgrades

Heat pumps
A fixed single-split heat pump system, multi-split heat pump system or a ducted heat pump system. 

Insulation
Ceiling, underfloor and/or wall insulation.

Glazing
Double, secondary or triple glazing.

Ventilation
Positive or balanced pressure ventilation systems, including heat recovery options. 

Water heating systems
Heat pump water heaters or solar water heaters.

For solar heating quality standards, products, suppliers and installers, visit Solar Association. 

For more information on how these upgrades may help make houses on your farm more energy efficient, visit Gen Less.

Renewable energy upgrades

Solar panels
Solar Photo-Voltaic (PV) systems and all related project costs and installations for residential purposes only such as consulting, planning and consenting, site preparation, related charging infrastructure, connectivity to grid and labour.

Solar batteries
Lithium ion or lead-acid based solar batteries (including the cost of inverters and other necessary technologies).

For information on how these renewable energy upgrades may help make houses on your farm more energy efficient, visit Sustainable Energy Association of New Zealand (SEANZ).

Sustainable water upgrades

Rainwater tanks
Water tanks for houses on your farm and any related components such as leaf guards, filters, and connections to indoor plumbing systems. 

Top tip

Each house will have different needs. The best way to work out what is right for you is to do independent research. We suggest you consider a HomeFit online check or in-person assessment.

HomeFit online check
About HomeFit

What we’ll need from you

When you apply, please provide documentation of your planned upgrades:

  • A quote for the supply and installation from a company that supplies and installs this type of energy-efficient upgrade as a normal part of their business. 
  • An installation date.
  • For solar panels and solar batteries, a quote from a company that’s a member of the Sustainable Energy Association of New Zealand (SEANZ) and an installation date.

It's also a good idea to check with your insurer before undertaking any building modifications. 

How to apply for an ANZ Good Energy Agri Loan

You can apply through your ANZ Agri Relationship Manager. They’ll also talk you through your repayments, eligibility and documentation requirements. 

If you don't have a Relationship Manager, our dedicated team of Agri specialists can help. We cover every region of New Zealand.

North Island agri specialistsSouth Island agri specialists

Product information

Loan amount

  • Minimum loan amount of $5,000 for each ANZ Good Energy Agri Loan.
  • You can apply for more than one ANZ Good Energy Agri Loan, up to a maximum of $80,000 per trading group (as determined by ANZ). You can buy a range of ANZ Good Energy Upgrades that suit your needs.
  • As you pay off your ANZ Good Energy Agri Loan, you may be able to replenish the amount of lending you can borrow under this offer. For example, if you borrowed $80,000 to buy solar panels and you’ve repaid $20,000, you can apply for another top up of up to $20,000 to purchase another ANZ Good Energy Upgrade (provided the total amount of ANZ Good Energy Agri Loans in your trading group doesn't exceed $80,000). 

Loan term

  • The maximum loan term is 5 years (consider the life expectancy of the upgrade before applying).
  • Your interest rate and repayment amount will remain the same for the 3-year fixed period, which means you have less flexibility to make extra repayments. 
  • At the end of the 3-year fixed rate, your loan will roll over to a floating rate.

Eligibility criteria

  • The ANZ Good Energy Agri Loan can be used for eligible upgrades to houses on your farm. 
  • ANZ Good Energy Agri Loans are not available for upgrades that have already been purchased, unless otherwise agreed by ANZ. 
  • If you’ve received a quote for an ANZ Good Energy Upgrade that is more than the maximum amount of $80,000, you can still apply. However our special interest rate will only apply to $80,000 of the loan and the remaining balance will be subject to your business loan interest rate.

Good energy upgrade toolkit

Not sure where to start? Here are some resources in our toolkit to help you. 

Good energy guides

Whether you’re looking to save money on power bills or reduce environmental impact, these guides can help show you how. 

Good energy guides

How to make your farm house more energy efficient

A room-by-room guide to a healthier, more energy efficient house – from easy fixes to longer-term investments.

Make your home more energy efficient

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Important information

ANZ Good Energy Agri Loan: The ANZ Good Energy Agri Loan is only available as an additional loan on top of your ANZ Business Loan and only for eligible ANZ Good Energy Upgrades. A maximum of $80,000 lending is available per trading group (as determined by ANZ). This offer is only available for a limited time. After the special 3-year fixed rate, your applicable Business floating interest rate will apply. ANZ will only draw down the loan when you provide a quote and a confirmed installation date from an eligible installer (for solar panels and solar batteries, this will need to be from a member of SEANZ). ANZ does not accept responsibility for the quality of any ANZ Good Energy Upgrades you purchase.

Offer subject to change. ANZ lending criteria, terms, conditions, and fees apply. Interest rates and fees are subject to change. ANZ may apply discretion when assessing applications and reserves the right to decline applications or ask for more information if ANZ believes your intended purchase isn’t an ANZ Good Energy Upgrade.

This material is for information purposes only. Please talk to us if you need financial advice about your situation and goals or about our products and services. See our Financial Advice Provider Disclosure Statement (PDF 44.6KB).