Energy Efficiency Economics & Markets

Quantifying the Cost Structure for Water Heating Systems In New Zealand & Cost Benefit Analysis

Client: Energy Efficiency and Conservation Authority, New Zealand

EnergyConsult conducted market research into the installed costs of the variety of hot water systems used throughout New Zealand. The costs and the components of the costs were determined by hot water system type and by locality. Through stakeholder consultation information was gathered into the market dynamics which drove prices and costs in the industry. This information was then used in a cost benefit/payback study of air sourced heat pump water heaters in New Zealand climates.