You may be looking for cheap solar panels available in order to really cash in on solar power. And sure, when you install solar on your home or business, you can save thousands on your electricity bills. But going solar isn’t automatically cheap: buying solar panels to install on your roof typically costs thousands of dollars. It’s no wonder that the cost of solar is among the most important considerations for today’s homeowners. If you’re thinking about going solar and worried about prices, you’re probably wondering: what are the best value solar panels and will solar get even cheaper?Continue reading
REC Group is Europe’s largest manufacturer of solar panels, and has offices in Europe, the United States, Asia, and Australia. The company was founded in Norway in 1996 and manufactures its solar panels in Singapore. With their new Alpha and Alpha-black series of solar panels, REC has introduced a high-powered solar panel that competes with other excellent brands in the market. As a result, REC solar panels are an increasingly popular option in quotes to shoppers comparing solar offers on the EnergySage Solar Marketplace.Continue reading
Last week, the EnergySage team attended Solar Power International (SPI), the industry’s leading solar conference. There were countless innovative products showcased this year – from new high-tech solar panels, to smart home gadgets, to impressive energy storage systems. SPI presents a great opportunity to learn more about new products, as well as gain insights into larger industry trends. Here are just a few product trends we observed this year in Salt Lake City:Continue reading
One of the things you may have questions about as you shop around for a solar system is where the solar panels are manufactured. This article will help you determine whether a panel’s country of manufacture should be a key consideration for you.
Note: If you are looking for information on the 30% tariff levied on solar panels by the Trump Administration, read our complete analysis here.
Does it matter where solar panel companies are based and where they make the panels?
When it comes to quality, the mention of any country’s name will evoke an association; each nation has its own brand image, which may or may not be justified. You as a smart solar shopper, however, will want to look at the facts in order to make a more well-informed decision. Our recommendation is to judge each panel by its own merits.
What if the country of manufacture is important to me?
This doesn’t mean that country of origin is never important, of course: everyone has their own preferences. For example, many Americans would prefer solar panels made in the USA to ones that are imported, whether for patriotic reasons or because they trust the ‘American-made’ brand for quality.
American-made vs imported panel costs
American-made solar panels generally cost from $0.50 to $0.80 per watt (W) – about $0.10 to $0.30 more per watt than imported panels. The highest quality, ‘premium’ American panels may even come in around $1.00/W.
For a typical 6kW system, an additional $0.30/W translates into about $1,800, a reasonable amount to pay if the ‘Made in America’ stamp is important to you. Also keep in mind that some states may offer rebates for locally-made panels that can offset some or all of the additional cost.
Check out our list of U.S. solar panel manufacturers for more information about companies that make solar panels in America.
Manufacturing location vs headquarters location
If ‘country brand’ is important to you, be aware that the location of a company’s headquarters is not always the same as its factories. (For example, SunPower is a premium American brand that has manufacturing plants in both the US and the Philippines.) All else being equal, knowing that a company’s head office is relatively close or in a familiar country could help you make a decision.
Where do the top solar companies manufacture panels?
Below, EnergySage has compiled a list of the leading solar panel companies active in the US market based on the most recently available data in 2018. The table is broken down by each company’s market share, headquarters location, manufacturing facility locations and overall quality ranking.
The key takeaways from the table below are that: 1) no single country dominates the market (although the US and China do appear most frequently), and 2) there is little to no correlation between country of manufacture and the company’s quality ranking.
Exhibit: List of solar panel makers in the US by residential market share and country of manufacture*
|Solar Panel Manufacturers||Approx. U.S. Market Share*||Company Headquarters|
|Hanwha Q CELLS||1%||South Korea|
|MAGE Solar||< 1%||Germany|
|Perlight Solar (Zebra Energy)||< 1%||U.S.|
For any homeowner in the early stage of shopping for solar that would just like a ballpark estimate for an installation, try our Solar Calculator that offers up front cost and long term savings estimates based on your location and roof type. For those looking to get quotes from local contractors today, check out our quote comparison platform.
* 2015 Data, Residential Solar Installations, Source: GTM / SEIA
Boston University’s bold plan to reach 100 percent renewables in 2018, Duke Energy’s acquisition of commercial solar developer REC Solar, and solar’s increasing share of the electrical grid in three states are the headlines from this week’s Solar News Report.Continue reading