TORONTO, Sept. 15,
2022 /CNW/ - Scotiabank announced today that it will
be partnering with Lightspark to rollout the Energy Efficiency
Concierge platform through a pilot in the cities of Calgary and Edmonton, which will help consumers connect
with energy-saving home retrofits and reduce their carbon
footprint.
The Energy Efficiency Concierge platform will provide homeowners
with a comprehensive Digital Home Energy Label - the Lightspark
Home Energy Score. The platform helps homeowners understand their
energy and carbon costs and guides them through the benefits
and decision-making process of upgrading their home with
energy-saving technologies including heat pumps, hybrid heating
systems, envelope upgrades and solar power. The platform also
connects homeowners to energy advisors, trades, financing, city
rebates and other resources to enable home energy retrofits.
"Scotiabank is pleased to support the activation of Lightspark's
Energy Efficiency Concierge platform which will help homeowners
shift from thinking to acting on home carbon reduction," says
John Webster, Head, Real Estate
Secured Lending & Scotia Mortgage Authority at
Scotiabank. "We believe Lightspark's innovative platform will
make it easier for homeowners to understand and navigate the home
retrofit market and reduce their emissions, while generating
enhanced data for consumers, financial institutions, cities and
utilities as they transition towards net zero."
Following the successful rollout of the platform in Calgary and Edmonton, Lightspark intends to rapidly scale
and accelerate the implementation of its residential
carbon-reduction programs across Canada and internationally to help cities meet
their net-zero emission targets by 2050.
"We are very grateful to Scotiabank for supporting the rollout
of our Energy Efficiency Concierge platform in Calgary and Edmonton where homeowners understand the value
of improving home energy efficiency," says James Riley, CEO and Founder of Lightspark.
"Through the platform, we look forward to connecting our
institutional customers, including cities, municipalities and
governments who are looking to measure and reduce carbon, with
consumers who want an easier way to increase their home value and
comfort."
The Energy Efficiency Concierge platform is also supported by
the Alberta Ecotrust and the Alberta Real Estate Foundation. The
platform will enable Alberta
realtors to provide Lightspark's value-added services including
access to home-improvement solutions, financial incentives and
loans for home buyers. Homeowners in Calgary and Edmonton can register with the Lightspark
Energy Efficiency Concierge platform starting in October
2022. For more information, visit lightspark.energy.com
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future", we help our customers, their families
and their communities achieve success through a broad range of
advice, products and services, including personal and commercial
banking, wealth management and private banking, corporate and
investment banking, and capital markets. With a team of over 90,000
employees and assets of approximately $1.3
trillion (as at July 31,
2022), Scotiabank trades on the Toronto Stock Exchange (TSX:
BNS) and New York Stock Exchange (NYSE: BNS). For more information,
please visit http://www.scotiabank.com and follow us on Twitter
@Scotiabank.
About Lightspark
Lightspark's mission is to accelerate the reduction of
greenhouse gas emissions by supporting Canadians in achieving their
2030 greenhouse gas emissions targets in the home building sector.
Lightspark provides Program Design software for cities and
utilities, and a consumer friendly "Efficiency Concierge" that
provide homeowners with a unique Lightspark Score, or digital home
energy label and guides homeowners through the benefits and
decision-making process of upgrading their home with new
technologies such as heat pumps, hybrid heating systems, envelope
upgrades and solar. The software uses data to display the benefits
of home upgrades including comfort, cost and energy savings,
project costs and aggregates incentives, discounts and available
loans in a given region, reducing the complexity of home retrofit
programs with an "Energy Efficiency Concierge" design approach.
SOURCE Scotiabank