Canadian Tariffs On Chinese Solar Panels

Companies are finding ways to keep growing their.

Canadian tariffs on chinese solar panels.

Canada too has its protectionist. 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. Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. As a solar company we are devastated to learn trump has imposed a 30 tariff on solar panels virtually killing the solar industry.

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. For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation. A new tariff on cheaper chinese solar panels to appease ontario based manufacturers is hurting b c s solar installation industry. 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.

Prices of bifacial products about 50 more expensive than elsewhere and the exemptions now. The president approved four years of tariffs that start at 30 percent in the. This corresponds to a recent analysis conducted by greentech media. Tariffs have made u s.

By year 4 the tariff s impact falls to only 0 04 to 0 05 per watt which results in less than a 2. 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 first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday. Solar panels are cheap despite trump tariffs it would make sense if solar panel prices in the u s.

Rose in 2018 but here s why that didn t happen.