Ohio's renewable energy portfolio standard
Ohio law contains a renewable energy portfolio standard that requires that 12.5 percent of electricity sold by Ohio’s electric distribution utilities or electric services companies must be generated from renewable energy sources by 2027. Additionally, of the 12.5 percent, at least 0.5 percent must come from solar sources.
The law sets annual benchmarks, or incremental percentage requirements for renewable energy, through 2027. Each utility and electric services company is subject to compliance payments if the annual benchmarks are not met. Utilities and electric services companies may purchase renewable energy credits to meet the renewable energy standard.
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Ohio Revised Code resources
Ohio Administrative Code and PUCO resources
Ohio renewable energy resource generating facility certification
RPS compliance filing requirements
Alternative energy portfolio standard reports
Annual status reports
Incentives for renewable energy projects
Ohio Energy Loan Fund
The Ohio Development Services Agency will open a new round of funding for the Energy Loan Fund on July 15, 2015. The Fund provides financing for energy efficiency and advanced energy projects to Ohio businesses, manufacturers, non-profits, schools, colleges and universities, and public entities. A total of $11.25 million in funding is available for Fiscal Year 2016. Letters of Intent will be accepted only from July 15 to Aug. 12, 2015.
Ohio New Markets Tax Credit Program