B. Instant Savings (IS) The Instant Savings program is one of two components of the Residential Efficient Product Rebates program. Instant Savings is an instant cash rebate program offered to purchasers of energy efficient products, delive...
AI summary The Instant Savings (IS) program, part of the Residential Efficient Product Rebates, offers instant cash rebates for energy-efficient products via retailers and online platforms. In 2024, 395,472 products were sold, with Energy Start LED Fixtures leading sales. Energy savings rose 73% to 26.884 GWh, and peak demand savings reached 2.955 MW. A 2025 phase-out of LED rebates was announced. The program's evaluation focuses on energy savings, GHG reductions, and market impact.
Evaluator Findings. The Evaluator reported the following key Instant Savings findings: - Instant Savings exceeded both 2024 planned net electrical energy and peak demand savings of 12.544 GWh and 1.680 MW, respectively. - 2024 net electric...
AI summary The Evaluator found that Instant Savings exceeded 2024 energy and peak demand targets by 77% and 45%, respectively, with LED products driving 69% of savings. Non-lighting product savings rose 17% YoY, and free ridership for LEDs dropped to 39%. Evaluated savings were 16-10% higher than Efficiency Nova Scotia's tracked values. No new recommendations were provided.
E. Residential Efficient Product Installation (EPI)
AI summary The section discusses Residential Efficient Product Installation (EPI), outlining key programs and acronyms relevant to energy efficiency initiatives in Nova Scotia. It lists abbreviations for programs, grants, and infrastructure related to residential energy management and demand-side strategies.