Energy / Freeze on Clean Energy

Who is trying to bring down Ohio’s Renewable Energy law?

Honda installed two wind turbines capable of generating 10 percent of the power at its Russell's Point, Ohio transmission manufacturing facility.

Honda installed two wind turbines capable of generating 10 percent of the power at its Russell’s Point, Ohio transmission manufacturing facility.

CLEVELAND — “Ohio State University research shows that SB 221 lowered Ohio utility bills by 1.4 percent, created 3,200 jobs, and stimulated $160 million in economic activity that contributed to the state’s GDP. Commissioned by Advanced Energy Economy Ohio Institute (AEEO), the study deflates arguments from opponents of Ohio’s RPS who say it is raising costs for residents and business.

‘They found that the benefits of SB 221 have more than offset the increase (in generation costs), as efficiency tactics have reduced overall energy demand,’ writes Media Matters. ‘Consequently, the standards have reduced electricity bills and stimulated investment.’

The report found further that dismantling the laws, as last fall’s Senate Bill 58 (and the current effort underway in this session of the Ohio Legislature) would have done, would have drastic negative economic consequences:

‘The net effect of these differences is an electricity bill 3.7% higher under SB 58 than projected under maintaining the current SB 221 Actual Scenario (AS). This translates into increases of up to $3.94 billion between 2014 and 2025, with average annual increases of $302.8 million.’”

— Marc Lefkowitz, Green City Blue Lake

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