New Energy Insights Blog
2020 Solar Trends: National Price Trends
By: Kyle Wehnes
The good news is that there's continued downward pressure on system pricing. There are, however, several factors working against this trend and increasing cost.
Tariffs are a major factor. In 2018, the US international trade commission levied an import tariff on solar products, which phases down over four years. This has increased panel prices compared to the rest of the world by as much as 60%.