Nova Scotia Power and Emera offered more information today on an announcement made by the provincial government earlier this week about helping low income families upgrade their homes to be more energy efficient.
In a news release today, NSP announced “a donation of up to $3.4 million a year and renewable for up to 10 years, will fund energy saving upgrades for low income customers with electrically heated homes. The investment being funded will be made at no cost to Nova Scotia Power customers.”
The program will be run in partnership with Clean Nova Scotia Foundation.
“Clean Nova Scotia Foundation is pleased to see NS Power and Emera provide a long term funding commitment for this group of Nova Scotians who use electricity to heat their homes. We gratefully accept this donation and look forward to working together,” said Chris Morrissey, the foundation’s director.
According to the release, funding insulation upgrades and energy retrofits could help customers save more than $550 a year.