Ohio Businesses Urge House Passage Of Energy Efficiency Bill To Restore Jobs And Savings In State


(MENAFN- 3BL) May 6, 2024 /3BL/ - Ceres joins businesses with major operations in Ohio to urge the state House of Representatives to approve HB 79 to launch new energy efficiency programs that will restore jobs and utility bill savings.

The bipartisan legislation would allow utilities to implement voluntary energy efficiency programs that reduce energy waste, save customers money, support grid reliability, cut pollution, and create jobs. It has the strong support of a coalition of Midwest manufacturers, employers, and trade associations organized by Ceres.

Major Ohio companies, industry groups, and energy consumers have been rallying in support of efficiency policies since a controversial 2019 law called HB 6 rescinded the state's energy efficiency programs.

Earlier this year, nine large companies and trade groups - A.O. Smith Corp., Energy Management Solutions Inc., Green Energy Ohio, JLL, National Association of Energy Service Companies, Nestlé, Polyisocyanurate Insulation Manufacturers Association, Trane Technologies, and Uplight - sent a letter to lawmakers urging the bill's adoption.

“All Ohio consumers and businesses profit when we reduce energy waste - whether or not they participate directly in energy-saving programs. Policies that keep energy costs low and predictable over the long-term are a major consideration for our companies as we make investments,” they said in the letter.“Accordingly, we support comprehensive, cost-effective energy saving programs that lower bills for everyone."

Although HB 79 would not fully restore prior efficiency programs, it would explicitly allow utilities to establish voluntary programs designed to reduce energy waste by 0.5% annually. Experts say such programs would help Ohioans save billions of dollars in electricity costs while improving public health through reduced pollution.

Ceres is a nonprofit advocacy organization working to accelerate the transition to a cleaner, more just, and sustainable world. United under a shared vision, our powerful networks of investors and companies are proving sustainability is the bottom line - changing markets and sectors from the inside out. For more information, visit ceres.

Media Contact : Helen Booth-Tobin, ...

MENAFN06052024007202015466ID1108179015


3BL

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.