Climate Changed

Trump's Tariffs Won't Break Bank for Homeowners Installing Solar

Sunnova CEO Confident in Solar's Future Despite Tariffs
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President Donald Trump’s solar tariffs probably won’t be a deal breaker for homeowners considering rooftop panels.

The 30 percent duties on imported panels are only apt to increase the total cost of a typical residential rooftop system by about 3 percent, Bloomberg New Energy Finance analyst Hugh Bromley said. That’s because panels account for only about a quarter of the price of rooftop system. Other major costs include labor and marketing.