A 25% export tariff on electricity from the Canadian province of Ontario – slated to take effect Monday – could raise prices for New York consumers and increase greenhouse gas emissions in the process, energy experts say.
Ontario’s leader said he will add a 25% export tax on electricity sent to New York and other states in retaliation for Trump’s tariffs. Ontario provides 2,500 of the 4,600 megawatts of capacity that New York draws upon from Canada, the NYISO reports.
Minnesota, along with Michigan and New York, are at risk of getting slapped with a 25% surcharge for electricity from Ontario​ if President Trump's ongoing tariff war doesn't end by Monday.
Experts warn that an abrupt halt in electricity exports could cause price spikes in major U.S. cities like Buffalo, Seattle, and Portland.
Ontario will slap a 25% export tax on electricity it sends to 1.5 million homes in Minnesota, Michigan and New York in retaliation for U.S. tariffs, said Doug Ford, leader of the Canadian province. Fo
Fallout from a round of tariffs between the US and Canada could slash access to clean electricity in the biggest US city