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Did you know that utilizing solar panels reduce your monthly electric bill? With solar panels rising in popularity, you may find yourself asking:

“How do I install the highest efficiency solar panels?”

Solar panels harness the sun’s energy and convert it into electricity. This electricity is yours to use before tapping into sources you must pay for. 

Choosing the most efficient solar panels may seem complicated, but with some research, you can find the best options for your unique situation. This involves learning about the different types of solar panels, their price point, and more.

If you’re interested in learning about high-efficiency solar panels, keep reading!

Factors of Efficiency

For any owner, the efficiency of solar panels is directly related to how much sunlight they absorb. Going solar is not a light-hearted decision, and homeowners want their investment to be worth the cost.

Solar panels cost anywhere from $15,000 to $25,000. But the goal of long-term ownership is to make back this investment. After about 15 to 20 years, solar panels return their initial investment and even allow you to earn profit. 

Though solar panel efficiency is determined by how effective they are in saving money, there are two factors that can make or break your investment: photovoltaic (PV) cells and total panel efficiency. 

Cell and Panel Efficiency

Sunlight passes through PV cells which solar panels are made of. The efficiency of these cells is determined by the layout and the silicon type used in their design. 

Cell design is the most important factor in cell efficiency. But things such as temperature and irradiance level also affect how cells perform.

Panel efficiency is tested under standard conditions, which is not always helpful. For instance, black solar panels absorb the most heat. Heat negatively affects the total conversion rate of the PV cells.

If you live in a colder climate, black cells may end up working better for you than for someone who lives in Florida or Texas. Read this article if you’re interested in finding solar installers near you.

Different Types of Solar Panels

After learning about the factors of panel efficiency, it’s time to go over the different types of solar panels. There are three common types of solar panels: thin-film, monocrystalline, and polycrystalline. 

Thin-Film Solar Panels

Thin-film solar panels are the least efficient out of the three. But they are the perfect choice for portability and transportation.

They are weaker than the other options but are flexible enough to place on bus rooftops or cold-storage trucks. 

Monocrystalline Solar Panels

Monocrystalline solar panels are the most efficient option. These are both used for commercial and residential properties. They are made of silicon with an efficiency of 15% to 22%.

Monocrystalline solar panels can last for up to 25 years because of their strength and stability. Though they are not great for colder climates because snowfall can damage the PV cells.

Polycrystalline Solar Panels

Polycrystalline solar panels use different types of silicon crystals that are melted together. They aren’t as efficient as monocrystalline solar panels but are popular for their cost.

These panels are the best for the environment because they produce less waste after the melting process. And they are still as long-lasting as monocrystalline solar panels. 

Finding the Highest Efficiency Solar Panels

Knowing how to choose solar panels is easier said than done, but it doesn’t mean it’s impossible. Going solar is only worth the investment if you buy the highest efficiency solar panels.

Now that you know the different factors of efficiency and types of solar panels, you can decide which options are best for you.

Did you find this article helpful? If so, make sure to read more from us.