According to industry statistics, the average lifespan of a solar panel is 25 to 30 years. Reputed manufacturers typically offer a 25-year warranty, but even after that period, solar panels continue to function, albeit with reduced efficiency and power output.
The National Renewable Energy Laboratory (NREL) conducted a meta-analysis on the degradation rates of solar panels and found that on average, solar panels have a degradation rate of 0.8%. This means that after 25 years, they can still perform at 87.5% of their original capacity. Some modern solar panels even have degradation rates as low as 0.5%.
When it comes to longevity, solar panels are ranked on a tier system based on their quality, performance, and the stability of their manufacturers' finances. Tier 1 solar panels, which come from reputable manufacturers, have a degradation rate of 0.3% and generally last longer than tier 2 and tier 3 panels. However, they also come with a higher cost, up to 30% more than tier 2 and tier 3 panels.
Several factors can affect the lifespan of solar panels. The quality of the panels is crucial, so it is recommended to inquire about the quality of the panels when contacting a solar installation company. The installation process is also important, and it is advisable to choose a premium solar installation company that ensures proper support, wiring, and equipment such as inverters and batteries.
Climate conditions can have an impact on the performance of solar panels. Extreme weather conditions like hail, storms, and debris can damage the panels, while extreme heat and humidity can cause material degradation. It is essential to protect the panels from physical damage and consider the climate when choosing their location.
Regular maintenance can also contribute to the longevity of solar panels. Cleaning them and having solar experts perform inspections to ensure proper functioning can help prolong their lifespan. Additionally, installing solar panel critter guards can protect the panels from animals.
In conclusion, the average lifespan of a solar panel is 25 to 30 years, but they can last even longer with reduced efficiency. Choosing solar panels from reputable manufacturers, investing in proper installation, considering climate conditions, and performing regular maintenance can help maximize the lifespan of solar panels and ensure their optimal performance for years to come.