Section 4928.61 | Energy efficiency revolving loan fund.
(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.
Last updated August 6, 2025 at 3:13 PM
Available Versions of this Section
- September 10, 2012 – Senate Bill 315 - 129th General Assembly [ View September 10, 2012 Version ]
- September 30, 2025 – Amended by House Bill 96 - 136th General Assembly [ View September 30, 2025 Version ]