Canadian Tariffs On Chinese Solar Panels

For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation.

Canadian tariffs on chinese solar panels.

Last year canadian was subject to the standard duty rate for named companies. By year 4 the tariff s impact falls to only 0 04 to 0 05 per watt which results in less than a 2. Solar panels are cheap despite trump tariffs it would make sense if solar panel prices in the u s. In january 2018 trump imposed tariffs on solar panels and washing machines of 30 to 50 percent.

Tariffs have made u s. Prices of bifacial products about 50 more expensive than elsewhere and the exemptions now. The sentiment is echoed by chinese producer longi green energy technology co. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday.

The president approved four years of tariffs that start at 30 percent in the. Most companies that is but not canadian solar. The trump tariffs are a series of united states tariffs imposed during the presidency of donald trump as part of his america first economic policy to reduce the united states trade deficit by shifting american trade policy from multilateral free trade agreements to bilateral trade deals. 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.

Companies are finding ways to keep growing. This year the chinese canadian pv maker was selected for study and could receive a combined import duty rate as high as 51 4 for its cells made in china. Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. Rose in 2018 but here s why that didn t happen.

Canada too has its protectionist. A new tariff on cheaper chinese solar panels to appease ontario based manufacturers is hurting b c 8217 s solar installation industry.