29 Oct '13, 6pm

Ohio’s Successful RPS Program Under Attack in State Senate

Ohio’s renewable energy initiative, set in 2008, has been an economic and clean energy driver, lowering prices, creating local jobs and spurring investment. But the state senate is considering a bill, SB 58, that would dramatically lower the renewable energy requirements and seems to make compliance virtually optional. Renewable energy requirements, like the ones outlined by Ohio’s current law, spur innovation and promote scale – driving down costs and making renewables increasingly competitive with other forms of electricity generation. Since Ohio’s renewable benchmarks were established under Senate Bill (SB) 221, costs have indeed fallen. The average prices for an installed residential or commercial photovoltaic (PV) system fell by 17 percent in Ohio in the last year, according to the Solar Energy Industries Association . Last year alone, $61 million was invested to inst...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2013/10...

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The MindChamps PSLE Success Program

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