NewEnergyNews: International Trade Commission Limits Import Tariff On Solar

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    Friday, November 03, 2017

    International Trade Commission Limits Import Tariff On Solar

    U.S. Solar Developers Relieved at Small Import Tariff Proposals

    Ari Natter and Chris Martin, October 31, 2017 (Climate Changed via Bloomberg News)

    “The U.S. solar industry let out a collective sigh of relief after trade commissioners proposed import tariffs that were less than half what a bankrupt U.S. panel maker is seeking in a closely watched trade case…[The U.S. International Trade Commission will send a recommendation for tariffs on imported solar panels of as much as 35 percent to the president. He] faces a January deadline…[The tariff proposals are lower than Suniva’s requested 32 cents a watt tariff on] panel imports, which could] have disrupted the $29 billion industry, stifling installations and triggering job cuts. Some developers were already stocking up on inventory in anticipation of higher costs and halting construction on projects because of pricing uncertainty…[With the recommended tariffs, imported panels are expected to be at about] the same cost developers were paying in September 2016…[which is] significantly less than developers had feared…” click here for more

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