S.B. No. 346 Summary

• Repeals all provisions of H.B. 6 (133rd General Assembly) affecting electric service, renewable energy, and energy efficiency laws in Ohio

• Revives renewable energy benchmarks requiring utilities to provide 12.5% of electricity from qualifying renewable resources by 2027, including 0.5% from solar, with graduated targets from 2009-2027

• Reinstates energy efficiency and peak demand reduction requirements for electric utilities, with cumulative savings targets reaching 17.5% by 2027

• Restores provisions allowing eligible mercantile customers to opt out of utility portfolio plans and reduce energy intensity based on cost-effectiveness criteria

• Revives tax exemptions for qualified energy projects using renewable, clean coal, advanced nuclear, or cogeneration technology, with service payments to counties based on nameplate capacity and Ohio employment ratios