Will Trump tariffs delay utility transmission, power plant plans? | Utility Dive

Let Utility Dive’s free newsletter keep you informed, straight from your inbox. In partnership with In partnership with FirstEnergy and other utilities warn they could be hurt by tariffs, but analysts see little immediate effect on utility capital expenditure plans. FirstEnergy and other utilities are warning that Trump administration tariffs on Canada, Mexico and other countries could hurt them, according to risk disclosures included in annual reports filed last month with the U.S. Securities and Exchange Commission. The alerts on tariffs come as U.S. utilities have been expanding their capital expenditure plans to build transmission lines and power plants to meet rising demand growth, partly driven by data center development. “Any widespread imposition of new or increased tariffs could have an adverse effect on our results of operations, cash flow and financial condition,” FirstEnergy said in a Feb. 27 filing. “New or increased tariffs could also negatively affect U.S. national or re

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• Megha Jain