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Utility Dive1 day ago

What the Supreme Court tariff ruling means for construction

Key Takeaway

The Supreme Court's tariff ruling offers only minor cost relief for electrical components, as tariffs on critical raw materials like steel, aluminum, and copper remain in effect, limiting overall project savings.

AI Summary

  • A Supreme Court tariff ruling is expected to lead to a modest reduction in price escalation for electrical systems and fixtures.
  • Existing tariffs on critical raw materials, specifically steel, aluminum, and copper products, remain unchanged.
  • Developers and large power consumers should anticipate limited overall project cost relief, as core material costs will continue to be impacted by tariffs.

Topics

financingoempolicy

Article Content

The court decision could drive a modest reduction in price escalation for electrical systems and fixtures, but materials-specific tariffs on steel, aluminum and copper products remain in place, experts said.