San Antonio's city-owned utility company CPS Energy remains to committed to its popular rooftop solar rebate program amid Trump administration plans to levy tariffs on foreign-made solar cells and panels.
The Trump administration plans to levy the tariffs over the next four years, it announced Monday. The tariffs will kick in each year after the power-generating capacity of nationwide imports reaches 2.5 gigawatts for that year.
CPS Energy maintains a popular rooftop solar rebate program that has created an ecosystem of more than 60 installers in the Alamo City. Paying local installers a rate of 60 cents per watt, the utility company is nearing the end of $15 million in rebate money.
In response to concerns about how the tariffs may impact the solar industry, CPS Energy spokesman Jonathan Tijerina told the Business Journal that the utility company already had plans to renew its rebate program in February...