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Canada and Nova Scotia announce funding to help homeowners improve energy efficiency and save money

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Canada and Nova Scotia announce funding to help homeowners improve energy efficiency and save money

Canada NewsWire

DARTMOUTH, NS, Oct. 12, 2018 /CNW/ - The governments of Canada and Nova Scotia are working together to fight climate change and grow a clean economy by helping Canadians reduce energy waste, save money, and create good jobs.

Today, the Member of Parliament for Central Nova and Parliamentary Secretary to the Minister of Environment and Climate Change, Sean Fraser, appearing on behalf of the Minister of Environment and Climate Change, Catherine McKenna, joined the Member of Parliament for South Shore–St. Margarets, Bernadette Jordan; the Member of Parliament for Dartmouth–Cole Harbour, Darren Fisher; and the Government of Nova Scotia's Minister of Energy and Mines, Derek Mombourquette, to announce the 2018 Instant Rebate program, which will empower residents across the province to purchase products that improve the energy efficiency of their homes, at a lower cost.

The funding comes from the Government of Canada's Low Carbon Economy Fund, which has allocated up to $56 million to Nova Scotia for programs that fight climate change and drive clean growth.

The Instant Rebate program will provide rebates on the purchase of products—such as LED lights, motion sensors, and electrical power bars—and energy efficient appliances—such as washers and refrigerators. It will also provide rebates for smart thermostats to help homeowners who heat their homes with oil cut their energy bills. Under the program, Nova Scotians will be able to save money on the purchase price of these products and lower their energy costs. For example, the instant rebate on the purchase of a smart thermostat is $75. The average energy savings per year for an oil-heated household that adds a smart thermostat is up to $150.

As part of Nova Scotia's 2018 budget, the province is investing $12 million over the next four years in energy efficiency, solar, and community-based low-carbon initiative programs. These investments will help Nova Scotians save energy, save money, and reduce carbon pollution.

The Government of Canada's Low Carbon Economy Leadership Fund is providing $1.4 billion to provinces and territories that have adopted Canada's clean-growth and climate action plan, the Pan-Canadian Framework, to deliver on commitments to fight climate change, grow the economy, and create good middle-class jobs.

Quotes

"Nova Scotia is taking serious steps to fight climate change. That's why the Government of Canada is helping the province invest in practical solutions. Improving energy efficiency helps cut energy costs for homeowners and businesses while creating good middle-class jobs and reducing pollution. Energy efficiency is one part of a serious plan to fight climate change and grow the economy."
Sean Fraser, Member of Parliament for Central Nova and Parliamentary Secretary to the Minister of Environment and Climate Change, Government of Canada

"It really has never been easier and more affordable to make upgrades that save you money on your energy bills by using less electricity. Nova Scotia is a national leader in fighting climate change by reducing emissions, and offering discounts on energy efficient products continues to build on our success as we move toward a cleaner energy future."
Derek Mombourquette, Minister of Energy and Mines, Government of Nova Scotia

Quick Facts

  • The Government of Canada's Low Carbon Economy Leadership Fund will help make homes and buildings more efficient, comfortable, and affordable to run; help companies across Canada innovate as well as access technologies; and help the forest and agriculture sectors enhance stored carbon in forests and soils.
  • The Instant Rebate program offers rebates ranging from $2 to $75 on the purchase of high-efficiency energy products. The Low Carbon Economy Fund is specifically incenting smart thermostats for non-electrically heated homes.
  • During each of the four years, up to 16,000 residents who heat their homes with oil will purchase smart thermostats and will reduce greenhouse gas emissions by 8,300 tonnes per year, on average.
  • Retailers across the province will be carrying several different models including ecobee, Honeywell, and Nest.

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Associated Links

Environment and Climate Change Canada's Twitter page

Environment and Natural Resources in Canada's Facebook page

 

SOURCE Environment and Climate Change Canada

View original content: http://www.newswire.ca/en/releases/archive/October2018/12/c5634.html

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