Ohio’s renewable energy portfolio standard

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.

Print
Tags:
Rate this article:
No rating

Please login or register to post comments.