Itc Solar Panel Tarriff

On january 22nd 2018 the trump administration levied a 30 tariff on solar imports to the united states.

Itc solar panel tarriff.

A tariff or tax of 30 will be applied to imported solar panels most of which come from china. The tariffs placed on imported solar panels has been clouded by the broader trade war instituted by donald trump. Tariffs will begin at 20 on large residential washing machines according to the announcement. Has granted since the trump administration s january 2018 imposition of 30 percent tariffs on most imported solar cells and modules.

The decision marks the second round of exemptions the u s. The april proposal calls for itc to develop a tariff and floor price on imported crystalline silicon photovoltaic solar panels. But a new report may bring that issue back to the fore illustrating that the. A feed in tariff is a solar incentive that pays owners of distributed energy systems like solar a certain amount per unit of electricity sent to the grid.

This decision came on the heels of a nearly 9 month case before the u s. The tariff covers both imported solar cells a key input to manufacturing solar panels and solar modules otherwise known as solar panels. International trade commission itc after two solar manufacturers suniva and solarworld filed a petition seeking tariffs. Suniva and solarworld have asked for a 0 40 watt tariff on imports.

The us trade representative s january ruling was based on recommendations from the us international trade commission and adds a 30 percent tariff on solar cells and modules increasing the cost. They are often fixed price incentives that are locked in over a contract period of 10 to 20 years providing property owners with distributed generation a long term stable incentive. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday. 23 2018 president trump signed a proclamation that placed tariffs on imported solar cells and modules for a period of four years.

The solar energy industries association also didn t immediately respond.