Water quality trading is a tool for achieving water quality improvements. Under the right circumstances, trading has the potential to yield both environmental and economic benefits, while promoting increased interaction among watershed stakeholders.
The water quality trading program is a voluntary program that allows a National Pollutant Discharge Elimination System (NPDES) permit holder (point source) to meet its regulatory obligations by using pollutant reductions generated by another wastewater point source or non-point source.
This chapter of the law that establishes the Ohio Environmental Protection Agency outlines the minimum water quality requirements for all surface waters of the state.
Water quality standards contain two distinct elements: designated uses; and numerical or narrative criteria designed to protect and measure attainment of the uses.
Each water body in the state is assigned one or more aquatic life habitat use designations.
Each water body may be assigned one or more water supply use designations and/or one
recreational use designation.
Vectren Energy Delivery offers residential natural gas customers in Ohio rebates for the installation of certain high efficiency natural gas appliances and building insulation. Rebates are available for furnaces, boilers, storage water heaters, tankless water heaters, air sealing, attic insulation and wall insulation. Builders are eligible to receive rebates for the installation of qualified measures in new homes, but may elect to enroll in the Vectren Energy Star Home Rebate program instead.
Vectren Energy Delivery of Ohio offers a flat rebate to builders of residential single-family Energy Star certified homes that receive gas service from the company. In order to qualify, homes must either meet Energy Star version 2.5 standards or meet a HERS rating of 70 or less. In addition, homes must use natural gas for all space heating and water heating. Furnaces, boilers and water heaters are also offered through this program and are subject to additional efficiency requirements.
Vectren Energy Delivery offers commercial natural gas customers in Ohio rebates for the installation of certain types of efficient natural gas equipment. Prescriptive equipment rebates are available for measures including furnaces, boilers, boiler controls, and water heaters. A custom incentive program is available for projects that do not qualify under the prescriptive rebate program.
The Ohio Enterprise Zone program is an economic development tool administered by municipal and county governments that provides real and personal property tax exemptions to businesses making investments in Ohio. In order to use the Enterprise Zone program, communities petition to the Ohio Department of Development for certification of a geographical zone with a contiguous boundary. Once a zone is certified, communities may enter into negotiated agreements with businesses that invest in the zone.
The Ohio Enterprise Bond Fund (OEBF) was created in 1988 to promote economic development, create and retain quality jobs and assist governmental operations. The program enables non-profit and for-profit borrowers to access the national capital markets through bonds issued through OEBF. The program is administered by the Ohio Department of Development and financing is provided by the Ohio Treasurer of State.
The Ohio Community Reinvestment Area program is an economic development tool administered by municipal and county government that provides real property tax exemptions for property owners who renovate existing or construct new buildings. The program is delineated into two distinct categories, those created prior to July 1994 ("pre-1994") and those created after.
The Ohio Capital Access Program (OCAP) encourages state depository financial institutions to make loans to for-profit or nonprofit small businesses that are having difficulty obtaining business loans through conventional underwriting standards. The business’ principal place of business must be in Ohio with revenues less than $10 million and with fewer than 250 employees. The OCAP encourages lending by establishing a unique loan "guarantee" reserve pool at an OCAP participating lending institution. The state, the lender, and the borrower each pay a small fee contribution into the pool.