The cost of Ohio’s renewable energy and energy efficiency standards make up about 2.25% to 4.75% of Ohio residential ratepayers’ monthly bills, Public Utilities Commission of Ohio (PUCO) Chairman Tom Johnson testified to Ohio’s Energy Mandates Study Committee at their second meeting, Gongwer reports. PUCO’s analysis showed that “[r]equirements for utilities to procure an increasing share of their electricity generation from renewable sources until reaching 12.5% by 2025 cost the average residential customer anywhere from 27 cents to $1.31 per month.” Riders that fund programs to help cut consumer electricity consumption 22% by 2025 “cost the average residential ratepayer between $1.42 and $3.43 per month,” PUCO’s analysis found. Johnson also testified about how the cost of renewable energy credits (RECs) generated within Ohio compares to out-of-state RECs. “RECs from wind, biomass and other sources in Ohio cost an average of $33.51, while out-of-state RECs cost $24.93.” The big difference, however, was in the cost of solar RECs (sRECs) — Ohio-based sRECs cost $212.23, while out-of-state sRECs cost $58.75. Johnson presented the data in response to requests from committee members at their first meeting.