Impact Of Tariffs On Solar Panels

Solar grade polysilicon is the major building block for not only solar panels but also for the semiconductor industry making it an important resource internationally.

Impact of tariffs on solar panels.

62 000 jobs lost or not created. During the trade war china imposed tariffs on imported polysilicon from american manufacturers effectively shutting out us producers from one of the largest markets in the world. Now let s find out what would be the approximate impact of the tariff on the whole system. Reuters president donald trump s tariff on imported solar panels has led u s.

For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation. Some 19 billion in unrealized investment. The effect of the tariffs on the cost of imported solar panels makes it more difficult to compete with other sources of power like wind or even makes fossil fuel plants look attractive again mr. 30 tariff on the solar panel 0 50 per watt equals 0 15 per watt and this is only 4 3.

Tariff estimated impact on solar costs over time market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. According to the above estimation we believe the imposed tariffs will increase the cost of solar power systems between 4 to 5. A report in december laying out the economic impact.