Ohio announces financing help for energy upgrades
Treasurer Kevin Boyce said that the Energy Conservation for Ohioans program would provide 3 percent interest rate reductions when homeowners make energy efficiency improvements or install solar panels.
Participating banks include KeyBank as well as community banks such as First National Bank of Bellevue.
Boyce says the interest rate reduction will increase the value of homes and supplement federal tax credits already available for energy improvements.
He also says the program would mean more projects for the energy industry and possibly create jobs.
Related News
European responses to Covid-19 accelerate electricity system transition by a decade - Wartsila
LONDON - Coal based power generation has fallen by over a quarter (25.5%) across the European Union (EU) and United Kingdom (UK) in the first three months of 2020, compared to 2019, as a result of the response to Covid-19, with renewable energy reaching a 43% share, according to new analysis by the technology group Wärtsilä.
The impact is even more stark in the last month, with coal generation collapsing by almost one third (29%) between March 10 and April 10 compared to the same period in 2019, making up only 12% of total EU and UK generation. By contrast, renewables…
