PV Panel prices going up soon?

[Ian-LS]

Same hear, though ours is a 10kW. Originally quoted in November, requoted end of Jan as the customer was still thinking about it but had flooding on this farm so needed to divert his attentions to that. Came back to me last night to say he wants to go ahead - checked this morning on the prices and whadya know - £15 more per panel!

Fortunately we also quoted for Romag panels which haven't changed price at all. Currently looking at all other options as we can't work not knowing what the panel price will be in two days time never mind a months time.

 

[Worcester]

OK time NOT to be ripped off.

We have our legal team working on this right now. And we have access to panels that have already cleared customs (they did it in a rush earlier this week)

Anyone rasing prices now is like they did back in November 2011 - rippping people off.

 

[Ian-LS]

OK time NOT to be ripped off.

We have our legal team working on this right now. And we have access to panels that have already cleared customs (they did it in a rush earlier this week)

Anyone rasing prices now is like they did back in November 2011 - rippping people off.

Indeed, panels that are already in stock with suppliers should have no price rise, which has happened quite a number of times recently

 

[Gavin A]

tbf, there can be justification for raising prices of panels in stock where the price rise is down to the exchange rate, as if the supplier is paying in Euros on 30 / 60 / 90 day invoicing terms, then they'll need to be paying for the panels at the Euro exchange rate now rather than when the panels were imported.

No excuse for raising the prices based on the import duty though for panels already in the UK.

 

[Worcester]

If they have sensible stocks, then I can gaurantee that they AREN'T on those kinds if terms - they will already be paid for (even the likes of segen don't get credit on panels from the manufacturers) as the VAT needs to be paid when they come out of bond. If they aren't out of bond by now then they will be liable for whatever duty is payable.

I am meeting with a number of the wholesalers tomorrow at ecobuild and will find out just what games they are playing, as I've said elsewhere we have protected our position on panel prices, by securing supplies for the next three months to take us past June, they are mid range poly's and mono's (240/250W). If we have spare capacity (we did buy a lot ) then will happily offer them to forum members at sensible 'pre-duty' prices. - We won't know until the end of next week what kind of spare capacity we have. PM me if you might want to be one of those. No promises

 

[Gavin A]

(even the likes of segen don't get credit on panels from the manufacturers)

pretty sure you're wrong on this, and that most if not all big suppliers get the majority of their stock on credit from the manufacturers - that's certainly what I've been told on several occasions by several suppliers and I can't see why you'd think it would be any other way.

 

[Worcester]

I know the way they work, and it may look like credit terms to others. What it may mean is that they start to impose higher prices effective immediately.

 

[jason121]

they dont know much at eco build. big meetings taken place after eco build event to dicuss about the increase in cost.

 

[snoopdog]

We were just starting to see some green shoots with spring approaching, lots of interest hard work to nurture along to an order.

Waiting on G59 enquires etc and now his out of the blue . Struggling to find stock for the jobs which are ongoing at the right price now.



What a nightmare again ! just when consumer confidence was starting to grow again

 

[snoopdog]

We went to eco-build Tuesday not a hint of price increase, exhibitors were really down in numbers.
Hope its not a sign of the future for PV

 

[jason121]

We went to eco-build Tuesday not a hint of price increase, exhibitors were really down in numbers.
Hope its not a sign of the future for PV

I was there today. I agree numbers on the Solar side were down but lots of insulation companies there ready for the green deal

 

[SibertSolar]

General opinion seems to be that retrospective implementation is unlikely to happen unless maybe for goods in bonded stock at the moment the decision is made (December?).

Agree that there are fewer exhibitors this year, and definitely a strong focus on GD but PV activity/discussions have been active and positive too (granted, uncertainty over Chinese import duties and VAT situation is not to be taken lightly) - we've been inundated today and yesterday, my feet are dead and throat is sore!

 

[SpitfireW'sale]

If they have sensible stocks, then I can gaurantee that they AREN'T on those kinds if terms - they will already be paid for (even the likes of segen don't get credit on panels from the manufacturers) as the VAT needs to be paid when they come out of bond. If they aren't out of bond by now then they will be liable for whatever duty is payable.

I am meeting with a number of the wholesalers tomorrow at ecobuild and will find out just what games they are playing, as I've said elsewhere we have protected our position on panel prices, by securing supplies for the next three months to take us past June, they are mid range poly's and mono's (240/250W). If we have spare capacity (we did buy a lot ) then will happily offer them to forum members at sensible 'pre-duty' prices. - We won't know until the end of next week what kind of spare capacity we have. PM me if you might want to be one of those. No promises

Wholesalers do get credit from manufacturers, provided they are credit worthy of course. Segen will have a large limit with those they deal with. Not sure why you think they wouldn't?

 

[Triplesolar]

Any panels not paid for and customs cleared from bonded warehouse by now will be liable to EU duty if it gets imposed in June. Very likely, but it could be 20-85%. All stock on the waters or in production will be hit. All stock coming in from Europe not customs cleared will also be hit.

Most stock has been purchased by European countries, not just UK. UK is a small market compared to other European countries. well informed companies purchased the bonded stock this week from Europe. No names mentioned but a few are just going with the flow and increasing prices. The Chinese new year at the end of February meant no production was made or sent and it won't be likely that stock will hit Europe again until April and that will all be liable to EU duty.

Just a pity for existing quotes done for customers in the last few weeks.

We have limited stock for our regular customers and are trying to get more in at reasonable prices but the Euro conversion isn't helping having reached a yearly low.

On the bright side, the sun should be out soon....:yes:

 

[bhmt]

Any panels not paid for and customs cleared from bonded warehouse by now will be liable to EU duty if it gets imposed in June. Very likely, but it could be 20-85%. All stock on the waters or in production will be hit. All stock coming in from Europe not customs cleared will also be hit.

Most stock has been purchased by European countries, not just UK. UK is a small market compared to other European countries. well informed companies purchased the bonded stock this week from Europe. No names mentioned but a few are just going with the flow and increasing prices. The Chinese new year at the end of February meant no production was made or sent and it won't be likely that stock will hit Europe again until April and that will all be liable to EU duty.

Exactly - so there either wont be any Chinese modules available soon or their price will go up. Also, manufacturers might start offering CIF/DAP prices instead of DDP, therefore moving liability for duties on to distributors.

I've heard that some manufacturers might still offer DDP terms but they will increase prices by 5-15% extra.

Maybe it is a good time to start looking towards European suppliers - some can offer prices starting at 0.58 eurocents, what is not that bad considering that one would not have to worry about unknown level of duties.