In May 2008, Ohio enacted landmark clean energy legislation (SB 221) that created a state plan for renewable energy and energy efficiency.
This legislation requires electric utilities to generate 12.5% of electricity sales from renewable energy sources and enact efficiency programs to reduce energy consumption by 22% by 2025.
Additionally, the law has a pro-consumer cap to protect ratepayers and ensure the benefits of the program outweigh the costs.
Under this law, Ohio has begun to balance its energy portfolio to include renewable energy sources such as wind, solar, biomass and hydropower – sources that have zero fuel costs, which help stop rate spikes.
And as a result, we’ve seen thousands of projects happen across the state and thousands of jobs.
With the clean energy law in place, Ohio will continue see jobs created, a reinvigorated manufacturing sector, less pollution, a diverse energy portfolio and smaller utility bills.
Ohio's Industry at a Glance
- More than 25,000 Ohioans employed in the clean energy sector with more than 400 companies.
- More than 10,000 Ohioans employed in the energy efficiency sector.
- Nationally renowned solar manufacturing hub.
- More than 1,000 renewable energy projects since 2009
- More than 900 megawatts of installed renewable power.
- For every $1 invested in energy efficiency, Ohio ratepayers save $3 on their utility bills.
Blue Creek Wind Farm (Paulding & Van Wert County)
- 304 MW, 102 turbines (enough to power 76,000 homes annually)
- $600 million investment, largest capital project in the state in 2011
- The Ohio State University purchases 25% of their electricity from Blue Creek and as a result will save $1 million annually on electricity costs
American Electric Power
- AEP recently announced that its energy efficiency programs are saving almost $1.5 billion, while the investment for these programs is $436 million. That amounts to more than $1 billion in savings for AEP customers.
If We Continue to Invest
- We can save Ohio ratepayers over $5 billion on deferred electricity costs
- We can create over 30,000 jobs in the energy efficiency sector
- We can continue to transform Ohio’s manufacturing base
- We can bring more than 1,300 MW of new wind power online