4 ms·
This report doesn't take into account the probable upcoming tariff on imported solar panels.
by allears 9y ago
This report doesn't take into account the probable upcoming tariff on imported solar panels.
- toomuchtodo 9y agoUpcoming tariff is minor. Only adds a few months to the payback period. https://solarpowerrocks.com/affordable-solar/donald-trumps-solar-tariff-isnt-bad-homeowners-want-install-solar/ https://solarpowerrocks.com/affordable-solar/donald-trumps-s... "When the tariffs take effect, February 7th, 2018, they’ll add 30% to the price of most imported solar panels (aka modules). That’s a pretty huge markup, but because module cost is only a small part of the overall cost of installing a system, the final price you’d pay to a solar installer will only go up by a little. In an earlier article, we wrote about a typical 5-kW solar system costing $15,000, with solar modules representing about $1,750. A 30% increase in module price would translate to $525 more for the whole installation, which can be erased by about half a year of the electricity produced by the panels. That’s not so bad! After 2018, the tariff will “step down” by 5% per year, ending at 15% through 2021. So that $500 premium goes down to about $250, and goes away after 2021, but you shouldn’t wait that long to install, because of the “other ITC”."
- 220V_USKettle 9y agoIf labor is the most expensive line-item...
- cma 9y agoThen an increase in the other costs will affect jobs, if the manufacturing part isn't labor heavy.