The Trump administration finally released the long-awaited Section 201 Solar Trade Case ruling yesterday. The tariff of 30% on imported solar modules and cells – which applies to the first 2.5GW imports and decreases by 5% each year – aligns with two of three recommendations made by the US International Trade Commission in October 2017.
This isn’t the best outcome, but it’s not the worst. Suniva’s original price floor request could have led to a two-fold increase in import costs. Analysts estimate that the approved tariff will increase up to 10% on utility-scale solar projects. (Bloomberg). You can find learn more about the industry’s impactding Energy Manager Today, NBC News, and Forbes.
Freedom Solar had planned and anticipated such a decision. We are confident that we can maintain our prices in the short and long term, and the solar industry will continue to grow and prosper.
We are confident that more people will choose to power their future with renewable energy. This storm is not going to stop us. We will continue to provide high-quality panels at an affordable price. Our service is also top-notch throughout the lifetime of your system.