CanREA

Canadian Renewable Energy Alliance

Nova Scotia Uses Innovative New Policies to Support Renewable Energy

Nova Scotia has scored a number of firsts in polices to support investment in renewable energy. The Regional Municipality of Halifax has become the first jurisdiction in Canada to use the property tax system to finance renewable energy technologies and the proposed new COMFIT feed in tariffs for community power systems are the first to be based on the same level of profitability applied to conventional electric power utilities. The COMFIT tariffs will also be the first to support investment in in-stream tidal power systems.

See our Provincial Update pages for more details.

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  1. Clean energy funds provide a funding stream that can be customized in ways that best meet a state’s energy goals, natural resources, and industry presence. State clean energy funds often receive money from public benefits funds (PBFs). PBFs have been used to support energy efficiency, renewable energy, and clean DG programs in competitive markets. In most cases, states fund their PBFs through systems benefit charges (SBCs), which are small fees (typically in the range of 0.001 – 0.01 cents/kilowatt-hour [kWh]) added to the electricity rates paid by customers.

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