What Is the Industry Standard Efficiency of Solar Panels

1. What Is the Industry Standard Efficiency of Solar Panels Average efficiency for solar panel systems sits around 15% to 20%, with only the top brands sitting at about that 20% level. This increase in efficiency will often come with a price increase, but the higher price will result in more energy produced, and the potential for savings down the line. It’s important to note that efficiency is not only about the brand of solar panels, but can also be influenced by how and where the panels are placed, as well as the orientation and temperature. How can I make the most of my solar panels? Because of the cost difference between higher and lower efficiency solar panels, it’s important to get as much bang for your buck as possible. If your home has ample roof space, it may be more cost- effective for you to invest in more, lower-efficiency solar panels. High-efficiency solar panels are likely to be the right option for you if you have more limited roof space, or if you have a particularly high energy need in your home. In addition to the efficiency of your solar panel brand, you can make the most of the energy you receive by being considerate of the other factors that impact efficiency. You can work with your installers to ensure you maximise the efficiency by placing your panels at the best angle and orientation, avoiding any shading that will prevent the sun from reaching your panels.

2. How can I make the most of my solar panels Will solar panels get more efficient? Scientists and manufacturers are constantly innovating and advancing the technology used in solar panels. This intense scientific attention means that advancements are happening all the time, and this trickles down into the commercial market. Even just 10 years ago, the industry standard for efficiency was around 12%, and today’s efficiencies of up to 23% would have been completely unthought of. That almost 50% improvement in such a short time is an indication of where the industry is headed. Experts have suggested that in the coming years, solar panel efficiency could go as high as 30%-40%. In addition to the increases in efficiency, scientists are continuously experimenting with new materials to create thinner and better panels. Recent developments such as the introduction of the new semiconducting material perovskites have allowed for huge advancements, and are now present in most solar panels you can purchase. Why consider more efficient solar panels? More efficient solar panels generally do cost more than their less efficient counterparts, so is it worth it to invest in them? The most impactful reason why you might choose more efficient solar panels is that they will simply produce more energy. More energy produced means more savings for you in the long term, and there are a couple of scenarios in which this might be of major benefit. Why consider less efficient solar panels The second scenario is if you are a home that uses a high amount of power and is looking to cut your electricity bill substantially. If you own an electric car, or one or more family member works from home, your energy consumption is going to be higher and higher efficiency panels are likely going to get you closer to your goal of minimising your energy bill. The first scenario is one we already touched on briefly, and that is if you have limited roof space on which to install solar panels. Higher efficiency panels are going to get you a lot closer to producing the amount of power that you use throughout your home during daylight hours. For more information visit here: https://www.samssolar.com.au