Solar Panels Point South…
But Pricing Is Going North
At YES our goal is to inform and educate our customers about ways to reduce their electric bill and gain energy independence.
For months we have been hearing from vendors about the rising cost of products, labor, and fuel. (See below for documentation.)
Since March we have been actively absorbing these cost increases. These increases have hit the point where they can no longer be absorbed or mitigated by our suppliers.
Effective immediately all new proposals from YES will reflect a price increase to account for these cost increases.
If you are still considering your options for solar, pool heating, battery backups or attic fans, ACT NOW. Vendors have already told us to expect additional price increases in the fall.
Panels
LG – July 1, 2021
Price increase on solar due to significant cost increases on components
Solaria – July 1, 2021
Price increase on solar due to significant cost increases on raw materials, labor, and shipping.
Inverters
Enphase – June 15, 2021
Price increase notification due to component shortages and high freight costs
SolarEdge – August 6, 2021
Price increase notification due to component, transportation and logistics costs.
Materials
Arlington – June 29, 2021
Price increase of 5%-35% on Fittings
Nvent – June 25, 2021
Price increase of 4%–12% on Electrical and Fastening Solutions
Picoma – June 12, 2021
Price increase of 10% (weighted average) on pipe and install fittings
Unirac – July 26, 2021
Price on Ground and Roof rails and install systems
Generac – August 2021
Continued price increase on air-cooled & liquid-cooled products, residential transfwer switches and accessories.
K2 Systems – August 2021
Continued price increase on raw materials and fuel prices.
Electrical
EATON – July 1, 2021
4th announced price increase of the year
Fuel
AAA
A nationwide report citing California in the top of all national retail prices for gasoline
Visit https://gasprices.aaa.com/
Inflation
Labor
Electricians
There is a national shortage of electricians. Causing prices to rise and extending project timelines.
Visit https://blog.laborforhire.com/skilled-electrical-workers
California Construction Cost Index CCCI
A historical look at the Building Cost Index (BCI) for San Francisco and Los Angeles