KEY POINTS:
The Government will spend $15.5 million over the next 3-4 years to increase the use of solar water heating.
Green Party co-leader Jeanette Fitzsimons, Government spokeswoman on Energy Efficiency and Conservation, said the funding would be spread over 3-1/2 years.
About half would go towards increasing current funding of $300 to $500 to pay interest on loans taken out to install solar water heating systems which cost up to $8000.
The rest would be spent on information provision, promotion, industry training and standards, solar heating of government buildings and an innovation fund.
- NZPA
