1 November 2023

New partnership between EfficiencyOne and SOFIAC to accelerate decarbonization in Nova Scotia

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-recognized 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.

For more information, contact: info@sofiac.ca