September 16, 2010
September 16, 2010
In May of 2008, on Governor Strickland’s initiative, the Ohio legislature passed Amended Substitute Senate Bill 221, a bill including aggressive clean energy standards that represent the foundation for our state’s energy evolution. Ohio law now requires Ohio’s electric utilities to generate 12.5% of electricity sales from renewable energy sources and to enact programs that will reduce energy consumption by 22%, all by 2025. In passing the bill, policy makers of both parties argued that it would have economic and job creation benefits for Ohio. This report assesses SB 221’s effects on economic growth, emissions reductions, energy independence and energy savings, and finds that as long as utilities are reaching annual benchmarks, Ohio will see jobs created, less pollution and, in the long run, money saved.
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