Plan your business transition from gas

If your business relies on natural gas, now's a good time to start exploring your options. With gas supply and pricing becoming less predictable, and support available, planning early can give you better future choices and more time to prepare.

Planning ahead doesn't mean making changes straight away. It means understanding how your business uses gas, exploring alternatives and potential efficiencies, and identifying what might work best for you when the time is right.

Westpac is committed to helping New Zealand businesses adapt and thrive in a changing energy landscape. By supporting investment today, we're helping build stronger businesses and communities and a more resilient future for Aotearoa.

Benefits of transitioning from gas.

Reduce uncertainty: Help reduce the impact of future gas supply changes and price fluctuations by understanding your options and planning ahead.

Manage energy costs: Compare long-term energy costs and future availability – not just upfront investment – so you can make better-informed decisions for your business.
Build a more resilient business: Reduce operational risk, support business continuity and may lower your emissions as energy systems and market conditions change.
Access funding and support: Explore funding, specialist advice and finance options that may help make your transition easier and more affordable.

The potential benefits of transitioning from gas will vary depending on your business, energy needs and transition project.

Why Westpac?

Transitioning away from gas can feel like a big step, but you don't have to have all the answers today. We can help you navigate the change with confidence.

We bring together specialist advice, funding solutions and trusted partnerships to help you unlock investment, navigate transition and deliver better outcomes for Aotearoa.

Specialist advice

Our ESG Advisory team can help you understand transition risks and opportunities, develop a transition plan and identify practical steps to support your long-term goals.

Sustainable finance

Our sustainable finance solutions can help support eligible fuel-switching, electrification, decarbonisation and efficiency projects. You may be able to access finance with benefits designed to support your sustainability goals, including potentially lower borrowing costs.

Gas transition

The Gas Transition Loan Guarantee Scheme is a government support scheme to help eligible New Zealand businesses invest in gas transitioning and energy efficiency gas reduction projects. Once loans become available, eligible businesses and projects may have access to lower costs of lending in addition to sustainable finance options.

Industry expertise and connections

If you're in the early stages of exploring your options, we can connect you with specialist advice and organisations that can help you assess opportunities and build a practical pathway forward.

Community investment

We're committed to helping build stronger, more resilient communities across Aotearoa. We do this through financial education, innovative housing initiatives, regional partnerships, grassroots conservation projects and more than 40 years of support for Chopper.

Support across every stage

From planning and business cases through to funding and implementation, we can help you take a staged approach that fits with your operational needs, investment priorities and future plans.

Contact a specialist.

If you’re a Westpac business customer, contact your Relationship Manager.

Otherwise, request a callback from a business specialist, call us on 0800 288 101 weekdays from 8.30am to 5pm, or visit your nearest branch.

Find out more about moving your business away from gas

Read our article for more indepth information.

Gas transition FAQs

Things you should know.

You must be a business operating in New Zealand using at least 1,000 gigajoules of natural gas annually.

Eligible projects must be involved in energy efficiency, fuel switching or asset switching, and be expected to achieve a reduction in annual natural gas consumption of at least 15% (not due to reduced production or output).

Additional borrower, project eligibility, maximum loan size and lending criteria apply.

Terms, conditions, fees and charges apply to Westpac products and services. See the Business Transaction and Service Fees Brochure for details.

Business lending products are only available for business and/or investment purposes and not for personal, domestic or household purposes.

Plan your business transition from gas.