Bill 23: Power Bill Reduction and Green Economy Support Act

This bill most directly benefits trades and contractors in Nova Scotia — think home insulation installers, HVAC technicians, heat pump suppliers, and renovation companies — who would likely see increased demand for their services as eligible homeowners access grants. Retailers and distributors selling heat pumps, heat-pump water heaters, and related equipment could also see a boost in sales. Businesses in the green energy and home efficiency space, whether solo operators or small crews, stand to pick up more residential jobs as grant money flows into the market. The program is Nova Scotia-specific and focused on residential work, so the ripple effect is most pronounced for local contractors and suppliers already doing home comfort and energy retrofit work.