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Ohio

Ohio

Incentives/Policies for Renewables & Efficiency

Printable Version
Advanced Energy Fund   

Last DSIRE Review: 08/07/2014
Program Overview:
State: Ohio
Incentive Type: Public Benefits Fund
Eligible Efficiency Technologies: Unspecified Technologies
Eligible Renewable/Other Technologies: Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Municipal Solid Waste, CHP/Cogeneration, Fuel Cells using Renewable Fuels, Microturbines
Applicable Sectors: Commercial, Industrial, Residential, Utility, Institutional
Types:Renewables, energy efficiency, distributed energy
Total Fund:$100 million over 10 years (maximum)
Charge:Varies by utility (fund authorized to collect $15 million per year from 2001-05 and $5 million per year from 2006-10)
Web Site: http://development.ohio.gov/bs/bs_renewenergy.htm
Authority 1:
Ohio Revised Code Title 37 3706.28
Authority 2:
Date Effective:
Expiration Date:
ORC 4928.61 et seq.
10/05/1999
12/31/2010
Authority 3:
Date Enacted:
Date Effective:
S.B. 315
06/11/2012
09/10/2012
Summary:

Note: The leftover funds within the Advanced Energy Fund are still being lent out through other government programs such as the Energy Loan Fund, but additional money entering the fund has dwindled since 2012. All loan repayments toward the Advanced Energy Fund are credited towards the alternative fuel transportation fund. It is possible that the fund will in the future flow from Alternative Energy Portfolio Standard or Energy Efficiency Portfolio Standard Alternative Compliance Payments, but the 2 year freeze of theses programs arising from SB 310 makes these payments highly unlikely until after 2016.

Ohio's Advanced Energy Fund was originally authorized by the state's 1999 electric restructuring legislation. The Fund supports the Advanced Energy Program, which at different times has provided grants for renewable energy and energy efficiency projects to different economic sectors. Grant and loan funds are awarded through periodic Notices of Funding Availability (NOFAs) which may each focus on specific technologies or economic sectors.

The Fund is administered by the Ohio Development Services Agency (ODSA) and was originally replenished through a uniform fee on the electric bills of customers of the state's four investor-owned utilities (American Electric Power, Dayton Power & Light, Duke Energy, and FirstEnergy). The fee amount was determined by dividing an aggregate revenue target for a given year -- as determined by the ODSA -- by the number of customers of electric distribution utilities in Ohio during the previous year. The maximum aggregate revenue target for each year through 2005 was $15 million; the maximum target for each year after 2005 was $5 million. Fee collections began January 1, 2006, and ended January 1, 2011.

In 2012, S.B. 315 transferred funds from the Advanced Energy Research and Development Taxable Fund and the Advanced Energy Research and Development Fund to the Advanced Energy Fund and allowed the Advanced Energy Fund to award loans in addition to grants.

Additional income may accrue to the Advanced Energy Fund from alternative compliance payments (ACPs) associated with Ohio's Alternative Energy Portfolio Standard or Energy Efficiency Portfolio Standard, but historically the vast majority of utilities have meet compliance goals, thus negating the need for an alternative compliance payment.

Ohio's 1999 restructuring legislation also created the Public Benefits Advisory Board, a multi-stakeholder panel that assists the ODSA in administering the Fund, and the Universal Service Board. The ODSA collaborates with the Public Utilities Commission of Ohio to design and develop energy programs. Incentives are available to residents, low-income housing developers, businesses, industry, local governments, schools, nonprofits and farms. Participation in the Fund by electric cooperatives and municipal utilities is voluntary. Because no electric cooperatives or municipal utilities are participating, customers of these utilities are not eligible for Fund incentives. For information on current opportunities please consult the program web site.


 
Contact:
  Judy Pacifico
Ohio Development Services Agency
77 South High Street, 26th Floor
PO Box 1001
Columbus, OH 43216-1001
Phone: (614) 387-2732
Phone 2: (800) 848-1300
E-Mail: aef@development.ohio.gov
Web Site: http://development.ohio.gov/
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.