30 Sep '15, 4pm

Ohio energy committee recommendation to hurt state economy; Over $5 billion in consumer savings at stake

Ohio energy committee recommendation to hurt state economy Over $5 billion in consumer savings resulting from continued growth of wind energy could be lost September 30, 2015 Columbus, Ohio — Ohio’s Energy Mandates Study Committee released a report today recommending to indefinitely freeze the state’s renewable energy policy, a state law that would otherwise allow Ohio to harvest economy-wide benefits from its reliable wind energy resource. The committee’s recommendation comes as new data released today by the American Wind Energy Association (AWEA) and the Wind Energy Foundation (WEF) show Ohio households and business owners could save more than $5.3 billion on their electric bills through 2050. The savings are made possible by increasing the use of low risk, stably priced wind energy that protects against fossil fuel price increases. “If implemented, this committee’s rec...

Full article: http://www.awea.org/MediaCenter/pressrelease.aspx?ItemNum...

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