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2023 Renewable Portfolio Standard Report Is Now Available
The Public Utilities Commission of Ohio (PUCO) Renewable Portfolio Standard Report to the General Assembly for compliance year 2023 is now available.
Ohio law contains a renewable energy portfolio standard (RPS) that requires that 8.5 percent of electricity sold by Ohio’s electric distribution utilities or electric services companies must be generated from renewable energy sources by 2026.
The law sets annual benchmarks, or incremental percentage requirements for renewable energy, through 2026. Each utility and electric services company is subject to compliance payments if the annual benchmarks are not met. Utilities and electric services companies may purchase renewable energy credits to meet the renewable energy standard.
