![]() ![]() We hope you will join us as an integral part of that future. We dream of a better future for our customers, our employees, and our planet. We want to provide life-changing opportunities that empower those we work with to be the best version of themselves, and to make a lasting difference in the world. We want to help our team reach their goals as well. We believe that when our goals are aligned with our team members we will be able to accomplish more, reach our goals faster, and make a bigger difference in the world. ![]() We do this by hiring people that are passionate about making a difference, eager to learn, and excited to help our customers. There are a few ways to make a difference in the world, but to us the best way is to provide the best customer experience possible. We believe that one person can make a big difference. Privacy Policy.We are a mission driven company, passionate about the communities we work in, the people we work with and the difference we make in the world around us. Under which this service is provided to you. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018Ĭable News Network. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Have you launched a successful business in a violent neighborhood? A hostile foreign land? A war zone? Or even just somewhere very remote that's hard to get supplies to? Tell us about it and you could be featured in a future CNNMoney story. It had to be fixed."ĭid you start a business in a dangerous place? Not everyone goes to Main Street U.S.A. "This situation was unsustainable," said Ostrenga. Chinese competitors had captured 60% of market share in the $2.8 billion solar panel manufacturing sector in just a few years, he said, because they were unfairly undercutting American companies on prices. "These tariffs were needed to protect American manufacturers," said Ostrenga. Ostrenga, whose company is one of 600 American manufacturers of solar modules, said the trade action is necessary. solar panel manufacturers are cheering the tariffs. Mehta, the analyst, said new tariffs might indeed temporarily slow homeowners' and businesses' demand for solar panels, but that prices would eventually adjust and the industry would continue to grow.Ĭalling current demand for solar panels "really strong," Mehta added, "I don't think these tariffs will hold back that trend." "These tariffs mark a very sad day for the industry," said Wolfe, who's been in the field for 14 years. Installations of solar energy systems double The new tariffs could increase these costs by 10%, said Mehta. An 1,800-square-foot house typically requires between 12 and 20 solar panels, he said.īetween materials and labor, putting solar panels on a house costs installers $20,000 on average, estimates Shyam Mehta, an analyst with GTM Research. But if I raise my prices, it will hurt both my business."Ī Chinese-made solar panel with 220 to 240 watts of power generally sells for $165 to $196, while an American-made one with 240 to 260 watts costs $240 to $288, said Steve Ostrenga, CEO of Helios Solar Works, a Milwaukee-based manufacturer. "If I can't meet my costs, I'm in trouble. But for now, those plans are on hold, until he sees how his suppliers respond to the tariffs.ĭemand for his firm is "very price-sensitive," he said. Standard Solar was looking to hire up to 25 new workers this year to handle the business pickup. "And that's brought down our overall business costs." "We're growing fast partly because prices for solar modules have been going down," he said. If that happens, Clifford said he'd be forced to raise his own prices to customers, a move that could cost him new business. hits Chinese solar panels with new tariffsĪt Standard Solar, CEO Tony Clifford wants to keep his firm's momentum going, but worries that his Chinese suppliers now will raise their prices to offset the new tariffs. ![]()
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