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U.S. solar PPA prices rose in Q3 as Section 232 tariffs began to take effect
Power purchase agreement (PPA) prices for solar projects in North America experienced a 4.9% quarter over quarter increase in the third quarter of 2026, marking a return to an upward trend after a decrease in the second quarter.
AI Summary
Solar power purchase agreement (PPA) prices in North America rose 4.9% quarter‑over‑quarter in Q3 2026, returning to an upward trend after a dip in Q2. The LevelTen Energy report covered 206 price offers from 166 projects in six ISO territories. Section 232 tariffs on imported polysilicon, set to take effect in December, are already influencing solar developer pricing. Wind PPA prices stayed flat overall, after a 14% jump last year, with modest declines in the ERCOT market offsetting gains elsewhere. Similar tariffs on steel, aluminum and copper are reportedly raising costs for wind developers.
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