Topic:"Energy Efficiency Financing" in M11677

Income Homeowner March 21, 2019 - March 31, 2023 Quarterly $ 2,066 $ 8,264Other Provincial Pilot Programs March 21, 2020 - March 31, 2026 Lump Sum $ 1,650 $ 5,540 Residential Low Income, Equity and Off Oil Programs March 31, 2022 - March 3...

AI summary The document outlines various provincial pilot programs and funding agreements, including income homeowner programs, residential low-income initiatives, and energy solutions for small businesses. It also mentions a contribution agreement with Natural Resources Canada for the Canada Greener Homes Grant Program and the Oil to Heat-pump Affordability Program.

The Corporation has an agreement with NS Power to extend financing to certain Business, Non-Profit and Institutional ("BNI") customers participating in either the Small Business Energy Solutions, Affordable Multi-Family Housing, BNI Custom...

AI summary The Corporation has a financing agreement with NS Power for BNI customers in specific energy programs, with repayment terms up to 48 months. Financing costs are paid monthly to NS Power, and the Corporation is contingently liable for defaults. A liability of $51 was established for accounts at risk, with $2,007 in total financing extended as of December 31, 2023.

CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2023 (IN THOUSANDS) REVENUES Demand-Side Management Fund Provincial Fund Other Business Fund 2023 2022 Efficiency Nova Scotia (Note 3) $ 44,503 $ 37,108 $ - 81,611 $ $ 78...

AI summary The document presents consolidated financial statements for Efficiency Nova Scotia, including revenues and costs for the year ended December 31, 2023, and changes in fund balances. Revenues include contributions from the Demand-Side Management Fund, Provincial Fund, and other business funds, while costs include incentives, program support, and administrative expenses.

Other Revenue Effective April 1, 2022, the Corporation entered into a five-year contribution agreement with Natural Resources Canada to execute the Canada Greener Homes Grant Program. Effective April 1, 2023, the agreement was amended to i...

AI summary The Corporation signed a five-year agreement with Natural Resources Canada in 2022 for the Canada Greener Homes Grant Program, later expanded to include the Oil to Heat-pump Affordability Program. Total funding is $198,844, with $57,603 recognized as revenue in the current year.

Income Homeowner March 21, 2019 - March 31, 2023 Quarterly $ 2,066 $ 8,264Other Provincial Pilot Programs March 21, 2020 - March 31, 2026 Lump Sum $ 1,650 $ 5,540 Residential Low Income, Equity and Off Oil Programs March 31, 2022 - March 3...

AI summary The document outlines various provincial pilot programs and funding initiatives related to energy efficiency and affordability, including the Income Homeowner Program, Residential Low Income Programs, and the Canada Greener Homes Grant Program. It also mentions a contribution agreement with Natural Resources Canada for the Oil to Heat-pump Affordability Program.