Reinstating Ohio’s renewable energy and energy efficiency standards would result in billions of dollars of savings for Ohio ratepayers through 2030. Among the study’s major findings:Ohio lawmakers would save Ohio electricity ratepayers over $3 billion by 2030 by ending the state’s freeze on renewable and efficiency standards this year. Time is of the essence. Ohio can take maximum advantage of the federal wind production tax credit—set to decline through 2019—by lifting the freeze now. The state would do be doing right Ohioans by reforming its wind-turbine setback law, which is the most severe in the country and which is inhibiting the development of in-state wind energy.
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Institute for Energy Economics