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 TobinCommunication Leadjtobin@efficiencyns.ca902-499-6494 More Articles from In the Media March 25, 2025 In the Media EfficiencyOne named one of Atlantic Canada’s Top Employers for 7th consecutive year For immediate release March 25, 2025 – Halifax/Kjipuktuk, NS—For the seventh 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 seventh year in a row,” says Stephen MacDonald, President and CEO of EfficiencyOne, the non-profit […] March 13, 2025 In the Media Spurring business growth in Dartmouth News release Government of Canada investments support new jobs, modern equipment and efficiency upgrades March 13, 2025 · Dartmouth, Nova Scotia · Atlantic Canada Opportunities Agency (ACOA) Atlantic Canadian businesses are working hard to become more efficient, productive and competitive while creating good paying jobs and promoting made-in-Canada products. The Government of Canada is helping […] February 28, 2025 In the Media Climate Change Funding for Seafood Companies; Another Call for Applications For immediate release February 28, 2025– Halifax/Kjipuktuk, NS— Fourteen seafood companies and related organizations across the province are receiving funding to help reduce their carbon footprint. The projects, supported through the Fisheries and Aquaculture Energy Efficiency Innovation Fund, range from the first zero-emission electric lobster boat in Canada to solar power at lobster and bait facilities. “Addressing […]