The solar industry has experienced rapid growth over the past decade, but looming policy changes could impact the market significantly. With President Donald Trump proposing new tariffs on imported goods—including solar panels—in 2025, the price of going solar is expected to rise. If you’re considering solar for your home or business, now is the time to act to avoid paying significantly higher prices in the near future.
Understanding Trump’s 2025 Solar Tariffs
Trump’s proposed trade policies include increasing tariffs on imported goods, particularly from China, Mexico, and Canada. Since a large portion of solar panels and components come from these countries, these tariffs could drive up the cost of solar installations in the U.S.
On February 1, 2025, President Trump signed executive orders imposing additional tariffs: a 25% tariff on imports from Canada and Mexico, and a 10% tariff on imports from China. Notably, Canadian energy resources are subject to a lower 10% tariff. These tariffs took effect on February 4, 2025, with a 30-day suspension granted for tariffs on imports from Canada and Mexico, now scheduled to commence on March 4, 2025.
In 2018, a similar tariff raised the price of solar panels by nearly 30%, making installations more expensive for homeowners and businesses alike. Trump’s 2025 tariffs will likely impact the price of solar. If Trump implements new tariffs in 2025, we could see another price spike, making solar less affordable for those who delay their switch.
Why You Should Go Solar Now
1. Lock in Lower Prices Before Tariffs Take Effect
If you install solar before the tariffs are enacted, you can secure current pricing and avoid the increased costs that may hit the market in the near future. Delaying your solar installation could mean paying thousands more as supply chains and costs adjust to new trade policies.
2. Maximize Your Savings with Federal Incentives
The current 30% Federal Solar Investment Tax Credit (ITC) is still in effect, significantly reducing the upfront cost of solar installation. Trump has not announced plans to change/eliminate the tax credit. However, government policies can change, and delaying your switch to solar could result in missing out on key financial benefits.
3. Lower Your Energy Bills Immediately
Energy prices continue to rise, and utility companies are passing costs on to consumers. Installing solar now locks in lower energy costs and reduces reliance on the grid, shielding you from fluctuating electricity prices.
4. Increase Your Home’s Value
Solar panels increase property value while reducing long-term energy expenses. With higher solar prices expected due to tariffs, homes with existing solar systems will likely become even more valuable in the coming years.
Choose a Trusted, Certified Installer Like Good Faith Energy
With solar demand expected to surge ahead of potential tariffs, choosing the right installer is crucial. Good Faith Energy is a trusted, certified solar provider known for high-quality installations, top-tier customer service, and industry expertise.
Here’s why homeowners and businesses trust Good Faith Energy:
- Certified & Experienced: We use the highest quality equipment and follow best practices for efficient, reliable installations.
- Comprehensive Services: We handle everything from solar panel installation to battery storage and roofing through our sister company, GFE Roofing.
- Customer-Focused Approach: With transparent pricing, expert guidance, and long-term support, we prioritize your energy independence.
Don’t Wait—Secure Your Solar Savings Today
Will Trump’s 2025 tariffs impact the price of solar? The answer is, highly likely, yes, and waiting could cost you thousands. The best way to avoid higher prices is to go solar now. Take advantage of current incentives and lower costs by working with a trusted installer like Good Faith Energy.
Ready to make the switch? Contact Good Faith Energy today for a free consultation and lock in your solar savings before prices rise!