Mitsubishi Electric Sales Canada Inc. and Efficiency Capital Partner to Cross Promote Low-Carbon Building Solutions in Canada

September 23, 2024

Efficiency Capital (EC), Canada’s first Energy-as-a-Service (EaaS) company, and Mitsubishi Electric Sales Canada Inc. (MESCA) announced a strategic cross promotional partnership to make low-carbon building solutions more accessible to building owners and operators across Canada.

Energy efficiency in buildings, despite being one of the critical pathways to meet Canada’s climate goals, faces several systemic barriers for adoption at scale. As partners in sustainability, EC and MESCA share a commitment to breaking down these barriers by offering turnkey efficiency solutions with little to no up-front capital, so that building and business owners can enjoy the financial benefits of upgrading their buildings with state-of-the-art energy technology.

Aimed to support multi-unit residential, industrial, commercial and institutional buildings across Canada, this partnership combines EC’s unique project investment and delivery model with MESCA’s heat pumps and related technologies in the drive towards net-zero buildings across Canada. This collaboration will better enable owners and operators to optimize their energy systems and capital expenditures while reducing their carbon footprint, contributing to a greener and more sustainable future.

Efficiency Capital partners with building owners to deliver their retrofit solutions, including their ‘paid from guaranteed savings’ that is structured to not impact the owner’s borrowing capacity. EC’s innovative Energy-as-a-Service model creates a triple-bottom line impact, allowing clients to generate positive outcomes for people, planet and profits, all at little to no upfront cost or risk.

MESCA offers a wide range of heat pump solutions designed and proven to operate in Canadian cold climate conditions, ranging from residential, light commercial and commercial heating and cooling systems (including VRF, Hybrid VRF and hot water generation), to applied heating and cooling, ventilation solutions and commercial hand dryers.

EC selects the best suited products to fit the specific challenges and opportunities at each building site. Many of MESCA’s HVAC products work well for a variety of owners and building types, ensuring their financial and sustainability goals will be achieved.

The partnership between EC and MESCA comes at a time when the need for sustainable buildings is more pressing than ever. With buildings contributing over 50% of GHG emissions in urban areas and considering 80% of buildings today will be around in 2050 have already been built, these retrofits are a major opportunity for climate action. As Canada strives to achieve its climate goals, this collaboration will play a pivotal role in driving the transition to a low-carbon economy.

Source

Related Articles


Latest Articles

  • Guide to the Canadian Electrical Code, Part 1[i], 26th Edition – A Road Map: Section 28 – Motors and Generators

    Guide to the Canadian Electrical Code, Part 1[i], 26th Edition – A Road Map: Section 28 – Motors and Generators

    Rule 28-000 – Scope states that Section 28is a supplementary or amendatory section of the code and provides additional and specific requirements for the installation, wiring methods, conductors, protection, and control of all motors and generators. Read More…

  • Statement by ECAO Executive Director, Graeme Aitken on Tariffs

    Statement by ECAO Executive Director, Graeme Aitken on Tariffs

    February 7, 2025 ECAO posted the following statement from Executive Director, Graeme Aitken on their website regarding potential U.S. Tariffs: For almost 80 years, the Electrical Contractors’ Association of Ontario (ECAO) has served and represented the interests of Ontario’s industry-leading, unionized electrical contractors. Over those many decades, ECAO has stepped up during times of challenge… Read More…

  • Rigid PVC Conduit vs. ENT in High-Rise and Multi-Use Applications

    Rigid PVC Conduit vs. ENT in High-Rise and Multi-Use Applications

    February 7, 2025 By Phil Crangi Choosing the right high-rise construction conduit can significantly impact project efficiency and costs. While rigid PVC (Polyvinyl Chloride) conduit may have a lower upfront cost, ENT (Electrical Nonmetallic Tubing) offers more significant advantages due to its long-term labor savings and installation efficiency. ENT and fittings form an integrated system… Read More…

  • EFC Tariff Response: Advocating for Free Trade

    EFC Tariff Response: Advocating for Free Trade

    February 7, 2025 STATEMENT FROM CAROL MCGLOGAN, PRESIDENT & CEO, ELECTRO-FEDERATION CANADA ON U.S. TARIFFS Electro-Federation Canada (EFC), representing Canada’s electrical and automation industry, strongly opposes the recent tariffs announced (an subsequently delayed) by President Trump on Canadian imports. These tariffs threaten to disrupt North American supply chains, increase costs for businesses and consumers, and… Read More…


Changing Scene