EfficiencyOne named one of Atlantic Canada’s Top Employers

EfficiencyOne named one of Atlantic Canada’s Top Employers

For immediate release

March 26, 2024 – Halifax/Kjipuktuk, NS—For the sixth year in a row, EfficiencyOne has been named one of Atlantic Canada’s Top Employers.

“We are honoured to have been chosen as one of Atlantic Canada’s Top Employers for the sixth year in a row,” says Stephen MacDonald, President and CEO of EfficiencyOne, the non-profit operator of Efficiency Nova Scotia. “The impact we have across the province would not be possible without the amazing, dedicated group of people we have working at EfficiencyOne. Their commitment enables us to transform the way people use energy.”

Over the past decade, EfficiencyOne has established itself as an organization that people are proud to work for.

“We have built an organization where employees feel valued and aligned with our mission to help people achieve their energy goals, save money, conserve resources, improve wellbeing, and combat climate change,” says MacDonald.

Among the many benefits for employees, EfficiencyOne prioritizes training and career development opportunities that build and maintain a talented, high-performing workforce, encourages employees to prioritize their health and wellness, and supports fun and creativity through social activities throughout the year. EfficiencyOne prides itself on fostering a culture that celebrates success, promotes and encourages growth, and recognizes the contributions of the entire team.

Now in its 15th year, Atlantic Canada’s Top Employers is an editorial project that recognizes employers with exceptional human resources programs and forward-thinking workplace policies. More details on the award and all the winners can be found on the Canada’s Top Employers website here: https://www.canadastop100.com/atlantic.

About EfficiencyOne

EfficiencyOne, operating in Nova Scotia as Efficiency Nova Scotia, has a proven track record of success in designing and delivering resource efficiency programs and services for homes, businesses, and large industrial customers. To date, EfficiencyOne has achieved more than $4 billion in energy savings and contributed 22% of Nova Scotia’s GHG emission reductions since 2011. Learn more at efficiencyone.ca

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For more information, contact:

Janet Tobin
Communication Lead
902-499-6494
jtobin@efficiencyns.ca

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EfficiencyOne excited to kick off 2024 with announcement of new Chief Operating Officer and Chief Financial Officer

EfficiencyOne excited to kick off 2024 with announcement of new Chief Operating Officer and Chief Financial Officer

March 13, 2024 – Halifax/Kjipuktuk, NS— EfficiencyOne is pleased to announce the appointment of two new executives to the organization: Martha Casey as Chief Operating Officer and Nikki Hilton as Chief Financial Officer. Both joined the team in early February

“Both Martha and Nikki bring with them extensive executive strategic and operational leadership experience,” says Stephen MacDonald, President and CEO, EfficiencyOne. “Martha is a leader with a track record of success and is committed to advancing cleaner, more affordable energy solutions here in Nova Scotia. Nikki brings extensive executive experience leading the finance function of organizations through rapid growth and we are excited to see her bring that experience to EfficiencyOne to grow and scale our operations, and ultimately have an even greater impact.”

Martha’s most recent role was as interim Co-President and Chief Executive Officer, and Vice President Operations and Business Transformation with the International Institute for Sustainable Development (IISD). IISD is an independent think tank headquartered in Canada with offices in Canada and Switzerland, working in more than 30 countries. IISD works with partners to influence and inform international policy on sustainable development in the areas of climate, resources, and economies. Prior to IISD, Martha was the Chief Operating Officer and later Chief Executive Officer of Volta, one of Canada’s largest innovation hubs where resident and alumni high-growth startups have collectively raised more than $171 million in equity financing. She has served as Chief of Staff to the President of Dalhousie University and spent seven years with the City of New York. Martha holds a law degree from Dalhousie University and a Master of Public Administration from New York University.

“EfficiencyOne plays a critical role in helping Nova Scotia achieve its climate and sustainability goals,” says Martha Casey, Chief Operating Officer, EfficiencyOne. “I am excited to have joined an organization that translates research into action, and I am passionate about supporting our province to achieve our green energy goals.”

Nikki’s most recent role was as Senior Director of Finance with Medavie Health Services (MHS), with overall operational responsibility and strategic insight for all MHS financial-related matters. MHS operates emergency and non-emergency medical services in seven provinces, employing or managing 5,400 healthcare professionals. Nikki has held several positions at MHS including Director of Corporate Services at Emergency Medical Care (EMC) then MHS’s largest subsidiary where she oversaw finance, operational scheduling and human resources. Prior to MHS, Nikki held roles at Mount Saint Vincent University and Fatkat Animation Studios (now Loogaroo Animation). Nikki is a Chartered Professional Accountant (CA) and holds a Master of Business Administration from Saint Mary’s University.

“I am thrilled to join EfficiencyOne, a purpose driven organization intent on widening impact beyond Nova Scotia,” says Nikki Hilton, incoming Chief Financial Officer, EfficiencyOne. “I look forward to contributing to EfficiencyOne’s work making meaningful strides towards sustainability and energy efficiency across the province.”

“On behalf of the Board of Directors I would like to welcome Martha and Nikki to EfficiencyOne,” says EfficiencyOne founding Board Chair, William (Bill) Lahey. “I am looking forward to working with them and all my Board colleagues to help accelerate and expand our work helping people transform the way they use energy.”

About EfficiencyOne

EfficiencyOne is a leader in the design and delivery of resource efficiency programs and services for homes, businesses, and large industrial customers. To date, EfficiencyOne, operating in Nova Scotia as Efficiency Nova Scotia, has helped Nova Scotians realize more than $4 billion in lifetime energy savings, including over $400 million for low-income homeowners and renters, avoiding nearly 1 million tonnes of CO2 annually. Learn more at www.efficiencyone.ca and more about Efficiency Nova Scotia at www.efficiencyns.ca.

For more information, contact:

Janet Tobin
Communication Lead
902-499-6494
jtobin@efficiencyns.ca

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Partnership between EfficiencyOne and SOFIAC to accelerate decarbonization in Nova Scotia

Partnership between EfficiencyOne and SOFIAC to accelerate decarbonization in Nova Scotia

Dartmouth ,NS – November 1, 2023 – EfficiencyOne and SOFIAC are pleased to announce a new partnership to provide an innovative financing option to commercial, industrial and multi residential building owners for decarbonization and deep energy retrofit projects in Nova Scotia.

Deep energy retrofits can significantly reduce energy consumption and costs for facility owners and tenants while also reducing GHG emissions. However, the upfront costs and complexity of such retrofits can be a barrier for many building owners.

The new initiative will allow building energy consumers to benefit from a turnkey investment solution that removes the financial, technical, and operational barriers and that can significantly reduce energy costs while also reducing GHG emissions. Actually, SOFIAC does not require clients to make any down payment as project costs are reimbursed solely through a portion of the savings generated in addition to offering substantial financial benefits. Facility owners can work with their well recognised contractors to undertake projects or choose from SOFIAC’s experienced partners.

EfficiencyOne, is Canada’s first energy efficiency utility and delivers energy efficiency programs and services to Nova Scotians under the Efficiency Nova Scotia brand.

This partnership reflects the commitment of EfficiencyOne and SOFIAC to having real impact on deep energy retrofits and helping Nova Scotia accelerate the uptake of energy efficiency.

About EfficiencyOne

EfficiencyOne, operating in Nova Scotia as Efficiency Nova Scotia, transforms the way people use energy. Together, we help people achieve their energy goals, save money, conserve resources, improve wellbeing, and combat climate change. Our role is to inform and motivate Nova Scotians to use less energy, use it smarter, and enjoy the good things efficiency brings. Investing in energy efficiency comes with many benefits—lower heating bills, more comfortable spaces, new jobs in your community, and a smaller overall carbon footprint. To date, EfficiencyOne has achieved more than $4 billion in energy savings, including over 400 million for low-income homeowners and renters, and contributed 22% of Nova Scotia’s GHG emission reductions.

About SOFIAC

Launched in 2021, SOFIAC assists businesses in the commercial, industrial, and multi-residential sectors in increasing their profitability and competitiveness through the implementation of eco-energy and decarbonization projects, all without any cost. SOFIAC’s innovative business model enables its clients to immediately benefit from energy consumption reduction savings without any initial investment. For more information, please visit sofiac.ca.

Media Contact:

Janet Tobin
Communication Lead
jtobin@efficiencyns.ca
902-499-6494

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EfficiencyOne and Efficiency Capital Announce Partnership to Accelerate Energy Efficiency Adoption in Nova Scotia

EfficiencyOne and Efficiency Capital Announce Partnership to Accelerate Energy Efficiency Adoption in Nova Scotia

FOR IMMEDIATE RELEASE

New initiative will provide fully funded, turnkey solutions for low-carbon building retrofits.

Dartmouth, NS – June 13, 2023 – EfficiencyOne and Efficiency Capital today announced a partnership to help building owners and operators across Nova Scotia decarbonize their buildings. The unique collaboration will allow building owners to access to fully-funded, turnkey energy efficiency and net-zero retrofits that are paid for over time to ensure they are affordable compared to current alternatives, thus removing a major barrier to the adoption of energy efficiency solutions across the province.

EfficiencyOne, operating in Nova Scotia as Efficiency Nova Scotia, is Canada’s first energy efficiency utility and delivers energy efficiency programs and services to Nova Scotians. Efficiency Capital is Canada’s first energy-as-a-service company that invests in low-carbon projects across Canada, with a focus on the built-environment.

EfficiencyOne identified that private-sector partnerships are critical to bringing more innovative financing and impact investment to accelerate the uptake of energy efficiency and carbon-free technologies and measures in the province.

“We are excited to partner with Efficiency Capital to accelerate energy efficiency and de-carbonization in Nova Scotia,” said Stephen McDonald, President and CEO of EfficiencyOne. “This partnership will allow us to leverage our local knowledge and resources to deliver more energy efficiency solutions to Nova Scotians, helping them save money on their energy bills and reduce their environmental impact.”

Efficiency Capital’s funding solutions reward clients who undertake deep energy retrofits, thus enabling higher greenhouse gas (GHG) reductions. Owners benefit from lower costs compared to the market when undertaking such retrofits. All the work at client sites will be implemented by local ecosystem partners—including engineers, contractors, consultants and maintenance professionals—to ensure that all jobs and economic growth stay local.

“We are committed to investing in Nova Scotia and helping the province reach its climate goals,” said Chandra Ramadurai, CEO of Efficiency Capital. “Two of the major barriers to energy efficiency adoption are the availability of capital and capacity. This partnership with EfficiencyOne will allow us to bring our expertise and capital to bear on de-carbonization and efficiency projects across the province, helping to create local jobs as part of Nova Scotia’s energy transition.”

The Memorandum of Understanding signed between both parties is the first step in a long-term relationship between EfficiencyOne and Efficiency Capital. The agreement demonstrates each organization’s respective commitments to helping the province reach its climate goals of reducing GHG emissions by 53% below 2005 levels by 2030 and reaching net zero by 2050.

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About Efficiency Capital

Efficiency Capital (EC) is one of Canada’s first energy-as-a-service companies that develops, funds and manages net-zero projects in the built environment. Incubated by The Atmospheric Fund (TAF) – a regional climate agency that is the Toronto and Hamilton area hub of the LC3 network, EC seeks to increase the flow of third-party capital into such projects by leveraging strategic partnerships with various banks, impact investors, community foundations and other organizations to enable the transition to a low-carbon economy. EC has access to over $100M in low-cost project funding to deliver fully funded, turnkey and de-risked decarbonization solutions. For more information visit www.efficiencycap.com.

About EfficiencyOne

EfficiencyOne, operating in Nova Scotia as Efficiency Nova Scotia, transforms the way people use energy. Together, we help people achieve their energy goals, save money, conserve resources, improve wellbeing, and combat climate change. Our role is to inform and motivate Nova Scotians to use less energy, use it smarter, and enjoy the good things efficiency brings. Investing in energy efficiency comes with many benefits—lower heating bills, more comfortable spaces, new jobs in your community, and a smaller overall carbon footprint. To date, EfficiencyOne has achieved more than $4 billion in energy savings, including over 400 million for low-income homeowners and renters, and contributed 22% of Nova Scotia’s GHG emission reductions. For more information visit www.efficiencyone.ca.

Media Contacts:

EfficiencyOne

Janet Tobin

Communication Lead

jtobin@efficiencyns.ca

902-499-6494

Efficiency Capital

Manasvi Thakur

Account Manager

manasvi@bubblegumcanada.com

437-366-4207 

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Transforming the way people use energy, EfficiencyOne releases 2022 Annual Report

Transforming the way people use energy, EfficiencyOne releases 2022 Annual Report

FOR IMMEDIATE RELEASE

April 27, 2023 – Halifax/Kjipuktuk,NS – EfficiencyOne, the nonprofit administrator of Efficiency Nova Scotia, released its 2022 Annual Report, titled: Transforming the Way People Use Energy. The Report details EfficiencyOne’s 2022 performance and results and highlights the important contributions that energy efficiency has made in achieving the province’s climate action goals...

“In 2022 EfficiencyOne continued to transform the way people use energy the impact of energy efficiency has been significant across the province,” says Stephen MacDonald, President and CEO, EfficiencyOne. “Investments in energy efficiency can help move families out of energy poverty, make homes more comfortable, and help businesses improve their bottom line.”

2022 Highlights include:  

  • Avoiding over 100,000 tonnes of greenhouse gas (GHG) emissions through programs and services;  
  • Supporting over 1,700 Nova Scotians through our low-income, Mi’kmaq and other Diverse Communities programs, including over 240 homes in Mi’kmaq communities through the Mi’kmaw Home Energy Efficiency Project;
  • Executing community blitzes in ten communities across Nova Scotia to bring our Efficient Product Installation program to rural communities across the province saving 2.25 GWhs of electricity;
  • Working collaboratively with partners like the Black Business Initiative and Nova Scotia Community College to help educate our future workforce about green careers in the energy sector;
  • Reaching over 24,000 students through Green Schools Nova Scotia; and
  • Supporting 2,600 jobs in Nova Scotia’s energy efficiency sector.

“Through our trusted experience, EfficiencyOne continued to help people achieve their energy goals, save money, conserve resources, improve wellbeing, and combat climate change,” says Bill Lahey, founding Chair of the Board, EfficiencyOne and President and Vice-Chancellor of the University of King’s College. “The report highlights the important contributions energy efficiency makes in achieving Nova Scotia’s climate action goals while supporting economic and social development.”

The report includes EfficiencyOne’s 2022 financial statements, along with details on how EfficiencyOne and its partners continued to support climate action across the province.

You can read EfficiencyOne’s 2022 Annual Report here: https://www.efficiencyone.ca/impact/annual-report/

About EfficiencyOne

EfficiencyOne, operating in Nova Scotia as Efficiency Nova Scotia, transforms the way people use energy. Together, we help people achieve their energy goals, save money, conserve resources, improve wellbeing, and combat climate change.

Our role is to inform and motivate Nova Scotians to use less energy, use it smarter, and enjoy the good things efficiency brings. Investing in energy efficiency comes with many benefits—lower heating bills, more comfortable spaces, new jobs in your community, and a smaller overall carbon footprint. To date, EfficiencyOne has achieved more than $4 billion in energy savings, including over 400 million for low-income homeowners and renters, and contributed 22% of Nova Scotia’s GHG emission reductions. Learn more at www.efficiencyone.ca.

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For more information, contact:

Janet Tobin
Communication Lead
902-499-6494
jtobin@efficiencyns.ca

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EfficiencyOne named one of Canada’s Greenest Employer for 9th year

EfficiencyOne named one of Canada’s Greenest Employer for 9th year

For immediate release

April 18, 2023 – Halifax/Kjipuktuk, NS –EfficiencyOne has once again been selected as one of Canada’s Greenest Employers. This award recognizes employers that have created a culture of environmental awareness in their organizations.


“This is the 9th year that E1 has won this award and that is no small feat,” says Stephen MacDonald, President and CEO, EfficiencyOne. “We have worked hard to create a culture passionate about climate action and sustainability initiatives. Awards such as this demonstrate that all of us at EfficiencyOne are living our mission to help people achieve their energy goals, save money, conserve resources, improve wellbeing, and combat climate change.”

Over the past decade, EfficiencyOne has worked to create a culture of sustainability and environmental awareness. In 2022 EfficiencyOne’s Board of Directors approved an Environmental, Social and Governance (ESG) framework and metrics.

“It is important we build on our past environmental, social and governance (ESG) efforts,” says MacDonald. “Achievements such as this award push and inspire us to higher goals and targets for the future.”

The full list of winners can be found here: https://www.canadastop100.com/green/.

About the Competition

Now in its 16th year, Canada’s Greenest Employers is an editorial competition organized by the Canada’s Top 100 Employers project. This special designation recognizes the employers that lead the nation in creating a culture of environmental awareness in their organizations. These employers have developed exceptional sustainability initiatives – and are attracting people to their organizations because of their environmental leadership.

About EfficiencyOne

EfficiencyOne, operating in Nova Scotia as Efficiency Nova Scotia, transforms the way people use energy. Together, we help people achieve their energy goals, save money, conserve resources, improve wellbeing, and combat climate change.

Our role is to inform and motivate Nova Scotians to use less energy, use it smarter, and enjoy the good things efficiency brings. Investing in energy efficiency comes with many benefits—lower heating bills, more comfortable spaces, new jobs in your community, and a smaller overall carbon footprint. To date, EfficiencyOne has achieved more than $1.5 billion in energy savings and contributed 24% of Nova Scotia’s GHG emission reductions in the last 10 years. Learn more at efficiencyone.ca.

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For more information, contact:

Janet Tobin
Communication Lead
902-499-6494
jtobin@efficiencyns.ca

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EfficiencyOne named one of Atlantic Canada’s Top Employers

EfficiencyOne named one of Atlantic Canada’s Top Employers

For immediate release

January 17, 2023 – Halifax/Kjipuktuk, NS—For the fifth year in a row, EfficiencyOne has been named one of Atlantic Canada’s Top Employers.

“At EfficiencyOne we come to work every day to transform the way people use energy,” says Stephen MacDonald, President and CEO of EfficiencyOne, the non-profit operator of Efficiency Nova Scotia.  “We are successful because of the team we have; we couldn’t have the impact we have without such a passionate, committed group of people.”

“Being recognized as one of Atlantic Canada’s Top Employers for the fifth consecutive year really is an important milestone,” says MacDonald. “Over the past decade, EfficiencyOne has worked to build an organization where employees feel valued and aligned with its mission to help people achieve their energy goals, save money, conserve resources, improve wellbeing, and combat climate change.”

“EfficiencyOne is a leader, not just in advancing the energy efficiency industry and helping Nova Scotia achieve its climate action goals, but also as an employer,” says William Lahey, Founding Chair of the Board of EfficiencyOne and President and Vice Chancellor of the University of King’s College. “In its new Strategic Plan, EfficiencyOne charts an ambitious course for the future, and to be successful, will look to the driving forces of past success: our people; our partners; and the values we commit to everyday.”

Among the many benefits for employees, EfficiencyOne encourages employees to prioritize their health and wellness and focuses on training and professional development opportunities that build and maintain a talented, high-performing workforce. EfficiencyOne prides itself on fostering a culture that celebrates success, promotes and encourages growth, and recognizes the contributions of the entire team.

Now in its 14th year, Atlantic Canada’s Top Employers is an editorial project that recognizes employers with exceptional human resources programs and forward-thinking workplace policies. More details on the award and all the winners can be found on the Canada’s Top Employers website here: https://www.canadastop100.com/atlantic.

About EfficiencyOne

EfficiencyOne, operating in Nova Scotia as Efficiency Nova Scotia, has a proven track record of success in designing and delivering resource efficiency programs and services for homes, businesses, and large industrial customers. Over the last 10 years EfficiencyOne has achieved more than $1 billion in energy savings and contributed 24% of Nova Scotia’s GHG emission reductions. Learn more at efficiencyone.ca

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For more information, contact:

Janet Tobin
Communication Lead
902-499-6494
jtobin@efficiencyns.ca

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PNS release: Free Heat Pumps for Low-Income Households, More Support for Others

PNS release: Free Heat Pumps for Low-Income Households, More Support for Others

Natural Resources and Renewables

December 13, 2022 – 11:04 AM

Low-income Nova Scotians will get free heat pumps and other home upgrades thanks to a $140-million provincial investment in energy efficiency programs over four years.

The funding will help all Nova Scotians move away from oil heat faster, with extra support for low- and middle-income households.

“We know too many Nova Scotians are struggling to pay their oil bills and need more help to install heat pumps and make other energy efficiency upgrades,” said Tory Rushton, Minister of Natural Resources and Renewables. “With this provincial investment and millions more that it will leverage from our federal partners, we’re helping Nova Scotians save money and be a part of the solution to fight climate change.”

When combined with federal contributions, the funding will help about 13,500 low-income households and about 30,000 middle-income households. The funding will start rolling out in the new year to improve and expand Efficiency Nova Scotia programs, with extra support for people who need help the most.

Low-income households can apply now to the HomeWarming program for free heat pumps and any electrical panel upgrades needed to install them. People who have already received energy efficiency upgrades through this program can apply again for this new support.

All Nova Scotians can continue getting help with a variety of energy efficiency upgrades through the Home Energy Assessment program. It is the first step to accessing rebates or loans through the federal Greener Homes program. With the new funding, there will be extra support for middle-income households to get rebates when they install energy efficient heating systems and other upgrades that reduce their reliance on oil.

The provincial funding will leverage more money from the federal investments announced this fall in the Low Carbon Economy Fund and the Canada Greener Homes Initiative. The total amount will be determined once agreements are finalized.

Quotes:

This additional funding will allow us to help even more Nova Scotians make important energy efficiency upgrades, like heat pumps, that will not only make their homes more comfortable, but will help keep money in their pockets at a time when it is needed most.Stephen MacDonald, President and CEO, EfficiencyOne, the non-profit operator of Efficiency Nova Scotia

The comfort we are feeling from the HomeWarming program has already made our lives so much better, we are excited to see what even more upgrades may offer us. We’d encourage every Nova Scotian to look into these programs.David and Aline Keddy, past HomeWarming participants, Dartmouth

Quick Facts:

  • this investment helps meet a commitment in the government’s climate change plan for clean growth
  • the Province is making this investment in the current fiscal year, and Efficiency Nova Scotia will roll out the program over the next four years
  • while the focus is on moving away from heating oil, all other upgrades supported through Efficiency Nova Scotia programs will continue to be available
  • half of Nova Scotia homes are still heated with oil, and the cost has increased significantly due to global inflation and the war in Ukraine
  • the new funding will help create 1,500 jobs in small businesses and trades around the province

Additional Resources:

HomeWarming program: https://www.homewarming.ca/

Home Energy Assessment program: https://www.efficiencyns.ca/residential/programs-services/home-energy-assessment/

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Nova Scotia 2nd place for overall energy efficiency and 1st overall for programs in the 2022 Canadian Energy Efficiency Scorecard 

Nova Scotia 2nd place for overall energy efficiency and 1st overall for programs in the 2022 Canadian Energy Efficiency Scorecard 

Today Efficiency Canada formally released its 2022 Canadian Energy Efficiency Scorecard.  

In the 2022 Scorecard Nova Scotia moved up one spot to take the second-place ranking overall and moved up one spot to come first for energy efficiency programs.  The Scorecard notes that improvements to overall efficiency programs, including our increased commitment to programming for low-income Nova Scotians and diverse communities, provincial governments commitments under the EGCCRA, and peak electricity demand savings all contributed to our increase. This is the 4th year for the Efficiency Canada Scorecard, which assesses energy efficiency policies and outcomes introduced or implemented in each province each year between January and June. Nova Scotia has consistently placed in the top 3 since the Scorecard was first published. 
 
There is a lot of work to do to meet climate targets, and to be successful, we will look to the driving forces of our past success: our people; our partners; and the values we commit to everyday. We are confident in Nova Scotia’s ability to lead the way to a low-carbon future.
 
Read the full 2022 Canadian Energy Efficiency Scorecard.

Read the 2022 Scorecard Nova Scotia Snapshot.

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UARB approved EfficiencyOne DSM Plan to lower electricity bills by nearly $540 million  

UARB approved EfficiencyOne DSM Plan to lower electricity bills by nearly $540 million  

For immediate release 
 

September 6, 2022 – Halifax/Kjipuktuk, NS – Today the Nova Scotia Utility and Review Board (UARB) approved EfficiencyOne’s 2023-2025 Demand Side Management Plan. The Plan will help Nova Scotians lower their electricity bills by reducing their energy use, while helping the province meet its net-zero commitments. 

“This is an important day for Nova Scotians,” says Stephen MacDonald, President and CEO of EfficiencyOne. “Overall, the Plan will lower electricity bills by nearly $540 million for Nova Scotia’s families and businesses, support 5,300 jobs across the province, and reduce greenhouse gas emissions by nearly 2 million tonnes.” 

EfficiencyOne, the non-profit administrator of Efficiency Nova Scotia, put forward its 3-year energy reduction plan – or Demand Side Management Plan – to the UARB for approval in March 2022. The approved Plan, which was widely supported by regulatory stakeholders, will come into effect on January 1, 2023. 

The plan sets ambitious targets that will help even more Nova Scotians save money and further contributes to the province’s net-zero commitments. 
“Increased investments in energy efficiency help residents and businesses, empowering them to reduce their electricity use and save money at a time when it’s very much needed,” says MacDonald.  

The Plan will deliver more Efficiency Nova Scotia programs to more Nova Scotians, with $35 million to help low-income Nova Scotians, including renters, live more comfortably in their homes; $7 million to help Mi’kmaw communities reduce electricity costs and improve comfort while supporting local job creation; and $20 million to help small businesses on their path to recovery. 

“Getting to net-zero has a cost, but investment in energy efficiency is the lowest cost option to help green our province, and the only option that reduces customer bills”, adds MacDonald, “and today the UARB made it clear that this level of investment in energy efficiency is in the best interest of ratepayers,”. 

“Over the past ten years, Nova Scotians have told us that reducing electricity demand is the best way to lower energy costs and reduce the impact of climate change,” says MacDonald. “We are focused on continuing to deliver results, and ultimately helping even more Nova Scotians.” 

Read more about the 2023-2025 Demand Side Management Plan here: https://www.efficiencyone.ca/2023-2025-demand-side-management-plan/  

Rate Impact 

The Plan will see energy efficiency investments increase from the current level of around $40 million a year to $57 million a year. The higher investment is more than offset by the savings ratepayers receive and helps offset other rate pressures by reducing overall energy use. 

EfficiencyOne estimates that the Plan could increase electricity bills by approximately $2 a month, starting in 2023, but customers will save far more – on average $5 a month. 

About EfficiencyOne 

EfficiencyOne, operating in Nova Scotia as Efficiency Nova Scotia, has a proven track record of success in designing and delivering resource efficiency programs and services for homes, businesses, and large industrial customers. To date, EfficiencyOne has achieved more than $1 billion in energy savings and contributed 24% of Nova Scotia’s GHG emission reductions in the last 10 years. Learn more at efficiencyone.ca 

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For more information, contact: 

Janet Tobin 
Communication Lead 
902-499-6494 
jtobin@efficiencyns.ca 

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