We know many of you have read the news on the solar tariff included in the Section 201 ruling. We at DC Solar want to let you know we are here to pull through this situation just like we have endured other challenges in the market in the past.
This ruling will impose a 30% tariff on imported solar cells and modules in the first year, 25% in the second year, 20% in the third year and 15% in the final year.
Here’s the story on why this ruling came to be: the Chinese government had manufacturers sell under cost and then supplemented their losses, so that they could put U.S. manufactures out of business and gain the world market share . This actually worked, as more than 30 companies were pushed out of business and only two have remained. President Trump put his foot down with these tariffs to stop the Chinese government from putting American companies out of business and bring manufacturing back to the U.S.
Since the Section 201 ruling, one of China’s biggest manufacturers, JinkoSolar, has announced that it plans to open a new solar manufacturing plant in the U.S.
While further impacts of Section 201 remain to be seen, we have good news! We at DC Solar prepared for the near future with a stockpile of panels for our Northern California customers. Of course, the panels we have procured will not be price affected by these tariffs, so customers who contract with us while we still have these panels on hand will gain the benefit of this value pricing.
We also want to highlight our partners at SolarWorld, as we are proud Platinum Installers with this manufacturer. SolarWorld has played a huge part in our success, and we will always stand behind these American-made panels. SolarWorld panels consistently meet or exceed the most stringent performance, environmental and employment standards.