Despite legislative opposition to renewable energy, solar energy is developing in Ohio. Nearly two dozen solar farms are in some form of government development, with state agencies approving the construction of new sources of electricity.
According to the Power Siting Board, only a handful of them are currently under construction, including a 1,000-megawatt solar farm in Steubenville and a 2,500-megawatt project in West Chester County. One of the projects currently being developed is a 250-metre electric power plant proposed by Chicago-based Invenergy for a site on the site of a former coal-fired power station on the west side of Steubenville.
Clean Energy Future is developing the natural gas-fired Trumbull Energy Center in West Chester County, which went into operation last year. Construction of a 1,000-megawatt solar power plant at its natural gas-fired Lordstown Energy Center in Ohio is also scheduled to begin this year.
The company had previously said it would close the nuclear plant, which has been unprofitable for several years, unless Ohio authorities provide financial assistance to keep the plant operational. After considering the Commissioners' questions on the proposed letter and the state's willingness to commit to solar energy, it was decided that the letter would not be signed. Lütz said the letters were necessary to show potential solar energy suppliers in the states who want to tap into energy resources the potential of solar energy. A week after the new law was signed, the FES announced in a press release that it had withdrawn its plans to close its coal-fired power plant at West Chester Energy Center in Chester County.
We want to use solar panels that charge enough money to keep us in business, and we will rely on them for the next 25 years.
Our organization, the International Brotherhood of Electricians, sees solar development as a way to secure jobs for our members. We have a long tradition of strong support for the solar industry in the United States, and we have noted that large solar companies do not provide this support to their customers. However, we welcome the efforts of the Solar Energy Industry Association (SEIA) to bring price transparency to the private solar industry.
Solar panels in the United States often contain incentives that reward solar owners for the energy they generate. This benefits the environment, helps to reduce long-term energy costs and provides a source of job creation.
The amount of this tax credit is currently 26% of the value of your solar system and is claimed after tax for the year of installation. Many people wrongly talk about the Ohio Solar Tax Credits, but it is actually a federal tax credit.
The law provides financial support for solar projects in the state through a monthly fee of 85 cents that consumers pay on their electricity bills. The law also allows for the construction of new coal-fired power plants and the expansion of solar power plants. This solar subsidy is in addition to the law, which provides a $1.5 billion tax credit for renewable energy projects.
The cost of solar panels includes not only the cost of equipment and installation, but also permits and installers. The size of the solar system also plays a role in how much the installation will cost. Larger solar systems have higher total costs because they consist of more individual modules.
The average cost of electricity in the US for a typical solar-powered home is currently $2.80 per watt. The average price of not getting solar power is 19.9 cents / kWh, and the average annual cost of the same system in Ohio is 3.5 cents per kWh (actual inflation may be higher or lower). Either way, this analysis shows that solar energy was clearly the better choice, but there is no doubt that there are other options for those who do not get solar power.
Instead of implementing these recommendations, Governor Kasich urged the Ohio General Assembly to draft a bill to support Ohio's commitment to renewable energy and its role in the state's energy future while preserving the benefits for our economy. The Brown-SECTORS bill would help Ohioans fill the energy gap created by the expansion of the natural gas industry, "he said. It would make sense for Ohio to support the renewable energy effort, and I support this bill as part of the Ohio governor's overall energy strategy.
Gallagher said there should be efforts to create a public-private partnership between the Ohio Department of Energy and the state of Ohio. Maple said he would prefer to see the development of solar energy with private funding, but added that it was not unusual for public bodies to support such a development.
Supporters of the law also said that eliminating existing mandates to increase investment in renewable energy could lead to lower electricity bills, especially given the state's low energy costs and low electricity prices.