How and Where Solar Tariffs Would Disrupt the Solar Industry
On Tuesday, the U.S. International Trade Commission held the first public hearing on Suniva and SolarWorld's Section 201 trade case, asking for tariffs or a price floor on solar imports. The two bankrupt, foreign-owned, domestic manufacturers of solar modules are proposing a price floor of $0.40 for solar cells coming into the country and $0.78 for solar modules.
The proposed pricing scheme would double solar component prices in the U.S. and make a lot of solar installations impossible to make work economically. And while the ITC may propose a different scheme, and President Trump, who ultimately has the power to decide on tariffs or pricing, can change it as well, it's worth considering who will be hurt, or helped, by the proposed policies.
Image source: SunPower.
Source: Fool.com
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