Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Using gas can cut the power bills, new report finds

Using gas can cut the power bills, new report finds

Kiwis can use gas water and space heating to combat rising electricity prices, says Gas New Zealand.

A just-released report shows using continuous flow gas water heating is the most cost-effective lifetime option for a household, even if that property isn’t on gas and has to be connected.

And houses with gas connected will often find that gas space heating will be cheaper than an equivalent heat pump.

The report, Consumer Energy Options: An Evaluation of the Different Fuels and Technologies for providing Water, Space and Process Heat, was commissioned by Gas Industry Co.

Gas New Zealand spokesperson, Ray Ferner, says the findings are no great surprise.

“Gas is used worldwide because it’s inexpensive, energy efficient and low carbon. You can’t argue with the data.”

The report is available at www.gasindustry.co.nz.

It examines a range of common New Zealand household energy forms and uses including heat pumps, direct use of natural gas and LPG, solid fuels and solar.

“While gas may not be as trendy as solar was, or as heavily promoted as heat pumps have been, it does help families to get lots of powerful, low carbon energy for the best possible cost.

“And when power prices are rising Kiwis want the most cost-effective and energy efficient option, which is what gas provides.”

Mr Ferner said New Zealand has plenty of gas supplies to service the household sector.

“It’s really a case of what do we do with all our gas, particularly as exploration for more of it is ongoing.”


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

f work for Pumpkin Patch staff

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news