How many solar panels were imported into the US in 2024?

In 2024, the total finished US solar panel imports into the US amounted to 54.3 GW (gigawatt). Tariffs on solar panel imports from various Southeast Asian countries were implemented by the US Commerce Department, which could affect future import volumes.

How much does a tariff on a photovoltaic system cost?

When a $1 tariff is imposed on manufacturers, the final prices of installed photovoltaic (PV) systems increase by $1.35 (Houde & Wang 2022). Similarly, analysis of the 2018 U.S. tariff on washing machines indicate the cost of tariffs is passed to consumers at a rate above 100% (Flaaen et al. 2020).

How will April tariffs affect inverters & solar panels?

Overall, while the solar panel price spike is the most pronounced effect of the April tariffs, inverters are seeing a noticeable cost increase as well, on the order of a few cents per watt.

Do I need to report a monthly photovoltaic module shipment report?

Beginning in January 2017, we required some of the respondents for the annual survey Form EIA-63B, Photovoltaic Module Shipments Report, to report monthly data. The subset of respondents now must report monthly accounts for about 90% of photovoltaic (PV) activity in the United States, based on 2021 data.

Do solar panels have a tariff?

In 2014, tariffs were expanded to solar panels assembled using Chinese or Taiwanese cells regardless of country of origin (U.S. ITA 2014, 2015). In 2018, a 30% tariff was imposed on all major solar product exporters to the U.S. (U.S. President 2018; U.S. Trade Representative 2019). This tariff declined 5% each year to reach 15% by 2021.

Do US trade policies affect solar PV?

Christian Roseland, an analyst at Clean Energy Associates, released a document titled “US Trade Policies That Affect Solar PV.” This document lists seven policies: 2012 Starting from the oldest, the original Antidumping and Countervailing Duties (AD/CVD) case of 2012 was applied to all solar cells originating in China.