Pay for Performance (P4P)

Overview

Retrofit, manage, and save. Your way.

The Pay for Performance (P4P) Program offers businesses financial support to help them implement technical improvements in their facilities as they see fit.

This program supports a variety of energy efficiency upgrades so that participants can receive incentives for actual energy savings, rather than individual upgrades. Customized for every retrofit, incentives are based on a building’s energy performance verified at the meter and paid upon verification of a 10% reduction in electrical energy consumption. 

Program Benefits & Features
  • Covers a wide range of participant requirements and a variety of energy efficiency initiatives.
  • Offers participants the freedom and flexibility to retrofit their building how they want.
  • Reduced administrative burdens to estimate energy savings.
  • Supports multiple upgrades in one single transaction and can help achieve energy savings of 15-20%.
  • Enhances workspace comfort and productivity, reduces operating costs, and increases the building’s value.
Steps to Participate

To participate in P4P, complete the steps below. All eligible institutional, non-profit, or commercial (including multi-unit residential) property owners and operators must work with an approved* consultant from our Efficiency Preferred Partner (EPP) directory to apply.

 

*To become an EPP member, confirm eligibility and sign up today!

1. Program Application & Baseline Period Model

Submit the P4P program application for an initial eligibility screening. Once approved, your consultant will complete and submit a baseline period model report to Efficiency Nova Scotia.

2. P4P Project Agreement

You will receive a P4P Project Agreement summarizing your project, estimated electrical energy savings and measurement & verification (M&V) plan to review, sign, and return.

3. Implement Measures

Start to implement your energy efficiency measures outlined in your project agreement.

4. Submit Quarterly Reports

The performance period is for 12 months. For the duration of the project, submit quarterly reports that summarize the implementation status of your energy efficiency measures.

5. Complete End of Performance Report

Within 60 days of the end of the performance period, your consultant submits a report that includes verification of electrical energy savings through modeling. The end of performance period report must include all supporting documentation as specified in the M&V Guidelines.

6. Verification & Payment

Efficiency Nova Scotia verifies implemented measures, M&V results, and energy savings. If project criteria are met, incentive payment is issued.

Getting Started

Have a question regarding the Pay for Performance Program?

Contact us by completing the form or call 1-877-999-6035 to talk to an Energy Solutions Advisor.

Eligibility

The P4P program is open to to institutional, not-for-profit, and commercial (including multi-unit residential) customers that have not yet entered a binding agreement to acquire the desired energy efficiency measures or services required to install the measures.

Projects may be eligible for the P4P program if:

  • The facility is served directly or indirectly by Nova Scotia Power Inc.
  • Target project savings are greater than 10% reduction of annual energy consumption per facility included in the project
  • Consume at least 1,000,000 kWh annually*
  • Have a minimum of 12 months of interval meter data of typical usage, at hourly resolution or better, from a revenue-grade meter*

*Exceptions may be considered at the discretion of Efficiency Nova Scotia. 

For full program eligibility requirements view the P4P Program Guide.