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by senectus1
454 days ago
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>I do not understand why solar installations are so expensive in the US the Biden administration has recently raised these tariffs, including doubling the tariff rate on solar cells from China to 50% Tariffs are magic.. they make america so rich! /s |
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Trump initial 25% Tarif (30 down to 25), then Bidden up to 50%, then Trump up to 60% ... It adds up fast.
Europe had import tariffs from 2013 and those expired in September 2023. That is around the same time most countries stopped with subsidies for solar.
The ironic part is, that this flood of cheap Chinese panels, batteries, etc is a major boom to our energy independence as those installations easily last 20+ years. And given our neighbor to the easy issue, energy independence is high on the list.
The US does not have this issue with their gas/oil rich area's (and probably $$$ to politicians).