Tag: Solar power
President Trump imposed a stiff tariff on cheap solar cells and panels imported from China and other countries, a move industry experts said may decimate the growth of solar energy in Alabama and stunt it elsewhere in the country.
The tariff starts at 30 percent for the first year.
“That level would squash Alabama business for us and similar businesses that operate in Alabama to provide turnkey solar systems to residential and small commercial customers,” said Larry Bradford, of north Alabama’s Southern Solar Systems.
About $5.6 billion in projects in just four Sunbelt states – Georgia, Florida and the Carolinas – could be jeopardized by a tariff, according to E&E News, which follows energy and environmental matters.
The tariff could have been worse, though. It drops by 5 percent each of the four succeeding years. It also exempts a substantial portion of initial imports each year.
Alabama is particularly vulnerable to the added cost of a tariff, experts in the field say, because policies of investor-owned utility Alabama Power Co. already limit solar energy penetration in a variety of ways that make solar installations more expensive here. Read more.