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Current as of January 01, 2026 | Updated by Findlaw Staff
(A) There is hereby established in the state treasury the advanced energy fund, into which shall be deposited all advanced energy revenues remitted to the director of development under division (B) of this section, for the exclusive purposes of funding the advanced energy program created under section 4928.62 of the Revised Code and paying the program's administrative costs. Interest on the fund shall be credited to the fund.
(B) Advanced energy revenues shall include all of the following:
(1) Revenues from payments, repayments, and collections under the advanced energy program and from program income;
(2) Revenues remitted to the director after collection by a municipal electric utility or electric cooperative in this state upon the utility's or cooperative's decision to participate in the advanced energy fund;
(3) Revenues from renewable energy compliance payments as provided under division (C)(2) of section 4928.64 of the Revised Code;
(4) Revenue from forfeitures under division (C) of section 4928.66 of the Revised Code;
(5) Funds transferred pursuant to division (B) of Section 512.10 of S.B. 315 of the 129th general assembly;
(6) Interest earnings on the advanced energy fund.
Cite this article: FindLaw.com - Ohio Revised Code Title XLIX. Public Utilities § 4928.61 - last updated January 01, 2026 | https://codes.findlaw.com/oh/title-xlix-public-utilities/oh-rev-code-sect-4928-61/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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