Westpac Banking (ASX:WBC, NZE:WBC) is working with the Australian government in a trial of the nationwide house energy rating scheme for existing homes aimed at helping homeowners improve energy efficiency and reduce bills, according to a Friday statement by the bank.
Starting this week, trial participants will receive a free energy rating certificate from an expert assessor identifying areas for potential improvements, the bank said.
The trial will inform the full rollout of the program in mid-2025, the bank added.
The company's Australian and Kiwi shares each fell almost 2% in recent Friday trade.
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