Energy / Freeze on Clean Energy

Reports: Ohio energy standard costs lower than previously thought

The Timber Road wind farm near Tipton, Ohio. photo: David Grant

The Timber Road wind farm near Tipton, Ohio. photo: David Grant

COLUMBUS — “As Ohio lawmakers continue to debate the state’s renewable energy standards, a pair of recent reports show the costs of complying with the laws are significantly lower than previously thought.

The Public Utilities Commission of Ohio (PUCO) issued its final alternative energy compliance report for the year 2013 last week on the same day that the Department of Energy announced new reports showing that renewable energy standards produced nationwide benefits worth more than seven times their costs in 2013.

The PUCO’s report ‘needed to be provided at an earlier date’ to lawmakers, because utilities’ average costs for RECs went down significantly from 2012 to 2013, said Neil Waggoner of the Sierra Club.

Ohio’s clean energy standards are currently frozen under Ohio Senate Bill 310, and a legislative committee has recommended that the freeze be continued indefinitely. That committee’s final report cited 2012 numbers in its discussion of how much the clean energy standards cost Ohioans.

Those standards will be debated again by Ohio lawmakers this year.”

— Kathiann Kowalski, Midwest Energy News

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