Analysis of the Potential Impacts of an Advanced Energy Portfolio Standard (AEPS) in Ohio

Analysis of the Potential Impacts of an Advanced Energy Portfolio Standard (AEPS) in Ohio

A new report finds that requiring Ohio utilities to generate some of their electricity from renewable energy resources would have minimal effect on the price consumers and businesses pay for electricity. Commissioned by the Cleveland Foundation and conducted by ICF International, the report, Analysis of the Potential Impacts of an Advanced Energy Portfolio Standard (AEPS) in Ohio (60 pages, PDF), estimates that requiring Ohio utility companies to meet requirements similar to those already in place in neighboring Pennsylvania would result in virtually no increase in wholesale electricity prices over the next several years and an increase of only 0.2 cents per kilowatt-hour by 2020.