Canadian Tariffs On Chinese Solar Panels

Solar panels are cheap despite trump tariffs it would make sense if solar panel prices in the u s.

Canadian tariffs on chinese solar panels. One of the companies found to have dumped panels here is the chinese arm of canadian solar inc whose headquarters is in guelph ont and which has two canadian panel making plants in addition. I got a quote from a local company who buys there panels from canadian solar who makes their panels in china and figured i d like to cut out the middle man and get the panels myself and higher the installers. Rose in 2018 but here s why that didn t happen. This corresponds to a recent analysis conducted by greentech media.

Tariffs have made u s. Companies are finding ways to keep growing their. While the tariffs are designed to protect canadian solar panel manufacturers four of whom initiated the federal review by complaining about cut rate chinese panels the damage to employment. The us tariff isn t the first in the industry as the european union tacked on a similar 30 per cent import duty on chinese solar products back in 2013.

Solar employs more people than coal and oil combined. For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation. As a solar company we are devastated to learn trump has imposed a 30 tariff on solar panels virtually killing the solar industry. The president approved four years of tariffs that start at 30 percent in the.

Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday. There s a ton of tariffs regulations around importing solar from china and it s a bit of a maze trying to sort it all out. The sentiment is echoed by chinese producer longi green energy technology co.

By year 4 the tariff s impact falls to only 0 04 to 0 05 per watt which results in less than a 2.