Ohio's Renewable and Advanced Energy Project Property Tax Exemption, enacted with the passage of Ohio S.B. 232 in the summer of 2010, exempts qualified energy projects in Ohio from public utility tangible personal property taxes and real property taxes*. Before that time, a renewable energy facility in Ohio that sold electricity to a third-party was considered a "public utility" for tax purposes.
Ohio's Renewable and Advanced Energy Project Property Tax Exemption, enacted with the passage of Ohio S.B. 232 in the summer of 2010, exempts qualified energy projects in Ohio from public utility tangible personal property taxes and real property taxes*. Before passage of S.B. 232, a renewable energy facility in Ohio that sold electricity to a third-party was considered a "public utility" for tax purposes.
The Ohio Air Quality Development Authority (OAQDA) administers the Qualified Energy Conservation Bonds (QECB) program in Ohio. QECBs have been used by local governments and public universities to finance the installation of energy conserving equipment in publicly owned buildings. Under a QECB financing package, OAQDA authorizes Air Quality Development Bonds for issuance as a Series A federally tax-exempt bond and a Series B Qualified Energy Conservation Bond (QECB) federal tax-credit bond.
This law lists state requirements and standards regulating the introduction of pollutants into Publicly Owned Treatment Works (POTWs) by industrial users. The following substances shall not be introduced into a POTW:
(1) Pollutants that create a fire or explosion hazard in the POTW including, but not limited to, wastestreams with a closed cup flashpoint of less than 140 degrees Fahrenheit or 60 degrees;
This chapter of the law establishes that the Ohio Environmental Protection Agency sets the standards for particulate emissions from a variety of sources, including facilities that generate power. Specific passages refer to existing and potential future electricity generating facilities and utilities.
The Ohio Coal Development Office invests in the development and implementation of technologies that can use Ohio's vast reserves of coal in an economical, environmentally sound manner. Projects are identified through public solicitations and may include technologies that improve combustion efficiencies, remove various pollutants from emissions, develop productive uses for the by-products of combustion, and investigate new uses for coal as a feedstock.
Ohio is one of seven states participating in the Great Lakes Regional Biomass Energy Program which was established in 1983. The Regional Program is administered by the Council of Great Lakes Governors and receives funding from the U.S. Department of Energy. The other six states under the Great Lakes Biomass Energy Program are: Illinois, Indiana, Iowa, Michigan, Minnesota, and Wisconsin.
The Ohio Air Quality Development Authority provides financing for new air quality facilities for all types of Ohio businesses, ranging from small, family-owned shops to multi-million-dollar manufacturing plants. Many large Ohio companies, in fact, are required to purchase new equipment or make operational changes to comply with EPA air quality regulations. Smaller companies of 100 or fewer employees may also need to make similar changes. The Clean Air Resource Center is the small-business program of OAQDA, providing free, confidential consultation and financing.
This chapter of the law establishes that the Ohio Environmental Protection Agency requires any facility that emits 25 tons or more of NOx and/or 25 tons or more of VOC during the calendar year and is located in a county designated as nonattainment for the National Ambient Air Quality Standards for ozone submit emission statements. Any facility that is located in a county described above is exempt from these requirements.