Renewable Energy
What Is Renewable Energy?Renewable energy is energy that comes from natural, renewable resources such as sunlight, wind, rain, tides, and geothermal heat. Around 16% of global final energy consumption comes from renewable sources.
Energy Alliance Renewable Energy IncentivesThe Energy Alliance currently has an "instant rebate" program that connects homeowners to cash incentives for energy efficiency and renewable energy improvements. Here is a list of some of the qualifying home energy improvements that are eligible:
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Commitment to Green EnergyDuke Energy customers can make a commitment to green energy through the GoGreen program. Each commitment to green energy supports the drive for our region to develop green power sources. To find out more about Duke's GoGreen program visit the Duke Energy Go Green webpage. Also check out Duke’s renewable energy program and find other ways you can contribute to the renewable energy effort in Ohio.
Local Incentives
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Local Renewable EffortsThese Cincinnati businesses are setting precedents in the renewable energy field, with innovative uses of solar power:
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Renewable Energy CreditsRenewable Energy Credits are tradable, non-tangible energy commodities in the United States that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource (renewable electricity). Solar Renewable Energy Certificates (SRECs) are RECs that are specifically generated by solar energy. These certificates can be sold and traded or bartered, and the owner of the REC can claim to have purchased renewable energy. Duke Energy currently has a solar renewable energy credit program that will purchase RECs from Ohio residents who meet their program requirements. According to the U.S. Department of Energy's Green Power Network, RECs represent the environmental attributes of the power produced from renewable energy projects and are sold separate from commodity electricity. While traditional carbon emissions trading programs promote low-carbon technologies by increasing the cost of emitting carbon, RECs can incentivize carbon-neutral renewable energy by providing a production subsidy to electricity generated from renewable sources. It is important to understand that the energy associated with a REC is sold separately and is used by another party. The consumer of a REC receives only a certificate. |
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Federal Incentives
Wind Power
Solar Thermal Energy
Solar Electric Energy
Geothermal
Hydropower




