What’s the Impact of Ontario’s Energy Tariffs on U.S. Electricity Prices?
Tariffs are a topic of major importance for any country, and energy tariffs have made headlines recently. As the demand for power increases and energy production becomes more complicated, electricity tariffs can affect regional prices and ripple through the energy market. Recently, both the U.S. and Ontario have announced tariffs on energy imports/exports. These tariffs could impact prices in states bordering Ontario, given the interconnection of the North American energy grid. But how exactly could these electricity tariffs affect U.S. electricity prices? Let’s break it down.
