EfficiencyOne files 2026 DSM Extension Application with the Nova Scotia Energy Board, seeking approval to extend its existing demand-side management plan by one year with $63.75M in legislatively prescribed investment.

M12249 · EfficiencyOne - 2026 DSM Extension ApplicationIN THE MATTER OF An Application by EfficiencyOne for Approval of the 2026 DSM Extension for Demand-Side Management Activities between EfficiencyOne and Nova Scotia Power Inc., and for Approval of the Amendment to the 2023-2025 Demand-Side Management Purchase Agreement between EfficiencyOne and Nova Scotia Power Inc.

AI summary

Efficiencyone filed its 2026 Demand Side Management Extension Application on April 30, 2025, following a March 25, 2025 legislative amendment to the Public Utilities Act (Bill 6, s. 79J) that mandates a one-year extension of the 2023-2025 DSM Plan to December 31, 2026 and fixes investment at $63,750,000.
The extension is not a standalone plan but maintains continuity with 2025 program offerings across residential, business/non-industrial (BNI), and demand response streams, with no new programs introduced and some retirements (e.g., Green Heat); the existing Cost Effectiveness Total Resource Cost (TRC) test yields a ratio of 1.6, exceeding the Board's threshold of 1.0.
Projected 2023–2026 cumulative outcomes include 528.7 GWh in energy savings, 97.7 MW in peak demand reduction, and 352 kt of CO₂e avoided, with Performance Monitoring targets carried over from the approved 2023–2025 plan.
Low Income Programs and Equity Access commitments are maintained at approximately 20% of total investment (~$12.75M), covering dedicated programs such as HomeWarming (Affordable Single-Family Homes) and the Mi'kmaw Home Energy Efficiency Project, with a proposed 2026 low-income/equity energy savings target of 6.6 GWh.
The Rate and Bill Impact Analysis shows modest average rate increases of +0.08% to +0.45% across rate classes, while DSM participants are projected to see bill reductions of 0.1–8.8% over the 2026–2041 study period; EfficiencyOne also signals it will file a new benefit-cost analysis test in Q2 2025 and accelerate engagement on a 2027–2031 DSM Plan.

Disclaimer: This summary was generated by AI from the filings it describes. We take care to make it accurate, but errors are possible - and it isn't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →

What was filed

Documents filed on this day

E-1 Application and Evidence exhibits
97518 Letter EOne re: EfficiencyOne 2026 DSM Extension Application other_documents