Tariffs are expected to lead to higher electricity prices in Minnesota

Tariffs are expected to lead to higher electricity prices in Minnesota

Minnesotans are already seeing higher prices on electronics, groceries and a host of other product categories due to the Trump administration’s sweeping import tariffs. Industry experts say electricity prices could follow. “We believe that this is going to raise costs for all electricity consumers,” said Michael Allen, co-founder and CEO of St. Paul-based All Energy Solar, which installs solar, battery and EV charging systems for residential and…