House Committee Passes Bill to Expand Renewable Energy Tax Credit in Ohio

COLUMBUS—The House Energy and Natural Resources Committee today passed House Bill 264, which will expand the type of facilities that are eligible for the Renewable Energy Tax Credit in the State of Ohio, announced State Rep. Justin Pizzulli (R-Scioto County).

The bill will specifically expand eligibility for the Renewable Energy Tax Credit to facilities that produce energy through the means of steam recovered from waste heat.

“The proposed legislation holds promise not only for Appalachia, but for all of Ohio,” said Pizzulli. “It is imperative that we encourage our steam-producing industries to transition to renewable energy sources, ensuring that no energy sector gets left behind in our pursuit of clean energy expansion.”

This legislation aims to help avoid reliance on non-renewable energy sources and pursue clean energy expansion in Ohio.

House Bill 264 now moves to the House floor for a vote.