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Ottawa injects $20M+ into New Brunswick’s Enhanced Energy Savings Program

March 15, 2024 – The Government of Canada is supporting New Brunswick in carrying out its Enhanced Energy Savings Program, which is designed to help homeowners make energy efficiency upgrades to their homes.

Environment and Climate Change Canada says the program supports the installation of heat pumps, the improvement of insulation and air sealing and, among other measures, aims to help residents move away from home heating oil.

“We are grateful for the support from the Future Electricity Fund, which comes at a crucial time for New Brunswickers as the cost of basic necessities is rising everywhere,” said Lori Clark, president & CEO, and chief nuclear officer, NB Power.

Ottawa is providing over $20 million from the Future Electricity Fund to support the province’s Enhanced Energy Savings Program.

“This funding enables us to help participants in the Enhanced Energy Savings Program manage their electricity costs and make their homes more comfortable, greener, and more efficient, and is part of our longer-term strategy to drive electrification and create greater value for our customers,” Clark added.

The Future Electricity Fund is comprised of proceeds collected from electricity-generating facilities covered by the federal Output-Based Pricing System (OBPS).