As the months go by, I am increasingly optimistic our family’s decision to install solar panels earlier this year will ultimately be categorized as a Smart Financial Decision.
Those results are as good as could be expected, and given recent rhetoric out of Washington, the timing of our purchase may have been just about perfect. In late September, the U.S. International Trade Commission ruled that inexpensive foreign solar panels have had a negative impact on domestic manufacturers. This decision opened the door for President Trump to consider imposing a tariff on imported solar panels. The Solar Energy Industry Association believes higher tariffs could eliminate over 80,000 U.S. jobs, while another estimate claims tariffs could increase the cost of residential solar energy systems by 15%. Continue Reading