In 2014, Ohio Governor John Kasich signed a bill that froze Ohio’s Renewable Portfolio Standard (RPS) at 2014 levels for 2 years. The RPS has been locked at 2.5% while the solar carve-out has been fixed at 0.12%. On February 22, 2016 Representative Fred Strahorn introduced House Bill 472 to the Public Utilities Committee, which, if passed, would reactivate the RPS. The proposed RPS and solar carve out schedule is as follows:
The Alternative Compliance payment (ACP) would stay at current levels, while the amount of renewable energy resources required would increase. SRECTrade is tracking HB472, and will provide an update when more information is available.
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