Trumps Solar Panel Tariff Could Be Costly
It seems as though President Trump is mucking up the recently booming solar panel industry. Recently, Trump imposed a 4-year tariff on imported solar panels.
Following the implementation of this new tariff, new solar panel imports will be subjected to 30% for the first year, sliding 5% incrementally each year for the four year tariff. The decision to impose this tariff came with Trump's "America First" trade policy.
What The Solar Experts Say
“The cost of imported panels will go up by 30%, making solar more expensive for homeowners, large companies, and communities, all areas that have been growing rapidly over the past several years,” said a spokesman for the Solar Energy Industries Association. “Given the competitive nature of electricity, it’s possible that some large-scale projects will be canceled and some rooftop markets will be less competitive.”
Luckily, there many other state-funded incentives and rebates to be found within individual solar companies. Here at HahaSmart, we will keep your prices of solar panels, equipment, and installation rock bottom.
If you want to move into the future and join the solar revolution, or if you want to find out what solar panels are right for you, go to HahaSmart.com and try our price checker tool. You can see how much a system will cost, and how much you can save over the next 20 years.
For more information relating to going solar, don't forget to visit our solar blog section for more handy guides and articles.
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