Colorado solar industry says federal investment lowers tariff threat – By Michael Booth (Colorado Sun) / Dec 27, 2022
Inflation Reduction Act will boost U.S. makers of solar panels, easing worries that Commerce Department tariffs will choke off building stock
Colorado’s solar industry leaders say a U.S. Commerce Department threat of tariffs on some imported panels should not further disrupt their expanding market, and they add that new federal subsidies for American panel makers will ease shortages down the road.
The Commerce Department’s finding early in December that a few Southeast Asian panel makers are dumping subsidized Chinese parts here is on hold for now, and the preliminary ruling will not further cut into panel supplies, officials from Namaste Solar, SunShare and a trade association said. In the spring, Colorado solar installers said worldwide shipping of panels had virtually ceased as Commerce officials threatened massive tariffs on panels in transit, and even retroactively on delivered panels. Colorado solar companies delayed projects and prepared for mass layoffs.
But the White House over the summer put any new tariffs on hold until 2024 after an outcry from U.S. solar installers, who said new import restrictions would harm the transition to clean energy. Meanwhile, Colorado solar leaders say, new subsidies for U.S. manufacturing plants from the Inflation Reduction Act will make them price competitive with Asian imports and bolster overall supplies.
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