› The MSHP market is in a sustained growth phase. NS Power data indicated a marked increase in annual incremental heat pump installations in 2022 and forecasted that 40% of Nova Scotia households used a heat pump in 2023. Heat pump distrib...
AI summary The MSHP market in Nova Scotia is experiencing sustained growth, with increasing installations and consumer interest. Financial incentives like the Canada Greener Homes Grant are driving this growth, but challenges remain for low-income households and those with additional home challenges, which may limit future participation in Green Heat as the market matures.