Other “Domestic” Suppliers: A few manufacturers with U.S.-based production or assembly – such as Hanwha Qcells (Georgia factories), First Solar (Ohio), Mission Solar (Texas), and Silfab (Washington) – do not incur these import tariffs on their U.S.-made panels. They have an effective price advantage now.
In summary, as of April 2025 we see solar panel prices up by 20–40% (depending on origin), inverters up ~10–30%, and battery costs up significantly (~30% or more) compared to pre-tariff levels. These increases correlate directly with the reciprocal tariff rates imposed (34% on China, 36–49% on SE Asia, etc.), underlining the tariffs’ impact.
U.S. solar module prices were already inching up in late Q1 2025 due to trade policy signals, and the April tariffs accelerated this trend. After a long period of decline, the market saw a $0.01/W (4%) uptick to about $0.26/W average in December 2024, reflecting anticipation of new import costs.
Under the new policy, all imports face at least 10% tariff, and specific countries face more – China-made inverters now see ~34% tariff, European inverters ~20%, South Korea 25%, etc.
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Discover New & profitable Solar Inverter buyers & suppliers, Access 69,798 export import shipment records till Nov - 25 with 4,640 importers & 3,398 Exporters.
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