Will steel tariffs impact American solar? Implications of Solar Section 201
Steel Tariffs A Second Impact?
President Donald Trump in January approved portions of Solar Section 201, which implemented a 30 percent tax on imported solar goods.
The tariff is expected to slow the United States’ solar industry, but it is not the only tariff that stands to impact solar companies.
President Trump last week announced plans to impose a 30 percent tax of imported steel and a 15 percent tax on imported aluminum.
The tariffs are expected to begin an international trade war — but stand to make it more difficult for domestic solar companies to operate.
Solar installations require parts that are manufactured with parts that stand to face price hikes.
1366 Abandons Upstate New York Solar Plans
The United States Department of Energy in 2011 looked to fund 1366 Technologies’ solar manufacturing plant in upstate New York, but those plans have reportedly fallen through.
The decision to fund 1366 Technologies’ manufacturing plant coincided with New York State’s Clean Energy Initiative and NY – Sun program to assist New York’s clean and renewable energy future.
The abandonment of the plant is a blow to upstate New York’s manufacturing prospects on the heels of recent tariffs that looked to solve domestic manufacturing concerns.
States make independent stands to help subsidize the American solar industry.
The decision to go solar is both an economic and environmental investment.
New York State’s Clean Energy Initiative requires the state run on 50 percent clean and renewable energy by 2030. NY – Sun was created to support this measure.
NY – Sun is a New York taxpayer benefit program that allows qualifying homeowners to make the easy switch to solar energy.
Click here to see if your house can qualify for NY-Sun and begin your quest for energy independence today.