Bill 300: Fair Evaluation of Energy Efficiency Act

The businesses most directly affected are Nova Scotia Power Incorporated and the provincially designated franchise holder for energy efficiency programs — essentially the utilities and energy efficiency delivery organizations operating in Nova Scotia. Day-to-day, this changes how they design, evaluate, and fund energy efficiency and fuel-switching programs: they must now account for greenhouse gas costs and weigh savings across all household energy sources, not just electricity bills. This could open the door to programs supporting heat pump adoption or other electrification upgrades, affecting contractors, equipment suppliers, and retrofit businesses in the province's residential and commercial energy sector. The compliance burden falls primarily on the large regulated utilities and the Board, not on small businesses, though trades and energy service companies may see new program opportunities flow from the updated framework.