The industry was already struggling with rising costs, market saturation, and declining demand, and the constant sense of uncertainty over tariffs only adds to the stress.
ISO New England reported that “99.5% of the (New England) region’s electricity in 2024 was provided by natural gas, nuclear, hydro, imported electricity (mostly hydropower from Eastern
The move in response to President Donald Trump's tariffs on Canadian goods could raise costs for 1.5 million customers in three border states.
Businesses and consumers across New England rely heavily on Canadian imports, raising fears about the trickle down costs of President Trump’s imposition of a 25% tariff. In Massachusetts, Canadian imports were valued at around $10.
With Canada supplying a significant portion of the electricity, refined petroleum, and natural gas used in New England, many experts agree that consumers will likely bear the brunt of Trump’s tariff.
Power disruptions could follow in Michigan and beyond if Ontario, Canada follows through on halting electricity exports amid the trade war.
A powerful storm will target the Northeast, bringing widespread impacts.Click here for a new, updated story - Major New Winter Storm Will Unleash Damaging Winds, Thunderstorms: Here's TimingThe system is due to arrive Wednesday afternoon,
Whether the tariffs going into effect Tuesday apply to electricity imports — and what role the ISOs must play in collecting them — is unclear, they told the Federal Energy Regulatory Commission, but they need to be prepared.
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