Minnesota electric utilities hope to keep Inflation Reduction Act benefits after Trump and Republican Congress take over

November 15, 2024

An October analysis by the Washington Post found that GOP U.S. Rep. Michelle Fischbach’s district has $423 million in investments related to the IRA, the most in Minnesota.

It will be up to the power industry to demonstrate the jobs and other benefits of the IRA and renewable development in general to voters, said Beth Soholt, executive director of Clean Grid Alliance, a St. Paul-based nonprofit representing wind, solar, battery and transmission developers.

“If you look at the election results and the analysis, a lot of it is like ‘people didn’t really see what the Biden administration was doing for their pocketbook and they didn’t see it in their day to day lives,’” Soholt said. “So how can you have more visibility that new taxes are coming into their community coffers and they’re getting spent on things that matter in their lives.”

Outside of the IRA, there could be room for common ground between Trump and Minnesota’s electric sector.

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