Slash Your Ohio Manufacturing Electricity Costs Now
Leveraging Government Incentives and Programs
Ohio offers various incentives and programs to support manufacturers in their energy efficiency efforts. For instance, the Ohio Energy Efficiency Program provides financial assistance for projects that improve energy performance. Additionally, the federal Investment Tax Credit (ITC) offers a 26% tax credit for solar energy systems, which can significantly reduce the initial investment cost2.
Manufacturers can also benefit from utility rebate programs that reward businesses for implementing energy-saving measures. These programs can cover a portion of the costs associated with energy-efficient upgrades, further enhancing the financial viability of such projects.