I was thinking back to COVID and couldn’t help but remember that all the prices went up on construction materials and electrical parts like:
- Electrical Panels
- Wires
- Breakers
- Electrical Components
- Cargo Vans
- Tools
It seemed that overnight, the prices jumped. We stocked up on what we could, but the workload was so large that we ended up running out of supplies just like everyone else. We had to join the wait lists of increased prices. In some instances, we were waiting 6-8 months for products to show.
What effect will tariffs have on our industry?
As an association representing thousands of electrical contractors nationwide, we share this vision for a more resilient domestic supply chain and a thriving workforce.
At the same time, NECA remains mindful of the potential impacts that the newly announced tariffs may have on the electrical construction industry. With a global supply chain integral to our work, increased costs on key materials such as copper wiring, transformers, work vehicles, and electrical products could pose challenges for contractors, project timelines, and infrastructure development.
That said, we appreciate the Administration’s efforts to support American businesses and are encouraged that several key materials critical to the electrical construction industry—such as copper, semiconductors, steel, and aluminum—are not subject to these new reciprocal tariffs. Ensuring access to these essential goods at competitive prices is vital to the success of our contractors and the broader economy
This is the statement from the NECA (National Electrical Contractors Association) regarding the tariffs and its effect on the electrical industry
That sounds like not much will change. But only time will tell. So far, a supply house that we use here in Beaverton, Or has confirmed that they WILL be raising prices due to tariffs….
We will see what happens, but this will affect our prices. If material costs jump, we will do our best to negotiate the best possible prices for our customers. We are all in this together. Please feel free to contact us for more questions on what this will mean for your electrical project!
read the NECA article in full Tariffs and the inmpact on the electrical industry