Ohio energy credits prices could fall 86 percent by 2014

In Ohio, renewable energy credits (REC) are among the most expensive in the country at $35/MWh but those prices could fall into the single digits, as low as $5/MWh by 2014, when the recently approved project to switch two coal-fired burners to biomass at the Burger plant comes online. Ohio currently has 9.72MW of renewable energy installed but that will soon skyrocket thanks to wind power projects coming online and the 312MW expected from the Burger conversion.

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