Halifax, Nova Scotia — EfficiencyOne and Efficiency Capital have partnered to accelerate energy efficiency adoption in Nova Scotia. This collaboration is said to help building owners and operators across Nova Scotia decarbonize their buildings by having access to fully funded net-zero retrofits.
“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,” said Stephen McDonald, president and CEO of EfficiencyOne.
EfficienceyOne, which operates in Nova Scotia as Efficiency Nova Scotia, is an energy-as-a-service company investing in low-carbon projects across Canada, focusing on the built environment.
Efficiency Capital will provide funding solutions to clients undertaking deep energy retrofits through this partnership. Building owners participating in these retrofits will benefit from lower costs than the market.
Additionally, the work done during these retrofits will be implemented by local ecosystem partners—including engineers, contractors, consultants and maintenance professionals—to ensure that all jobs and economic growth stay local.
This agreement will see both EfficiencyOne and Efficiency Capital advance their commitments to help the province reach its climate goals of reducing GHG emissions by 53 per cent below 2005 levels by 2030 and reaching net zero by 2050.