When deciding which solar panels are right for your home, there’s more to consider than just pricing. Sure, a low-cost option might seem attractive at first glance but will your investment be worth its weight 10, 20 or even 30 years down the line?
Degradation rate is the reduction of power output for a solar panel over time. Most solar products currently on the market degrade at an average rate of 0.53% each year. And when it comes to solar technology, losing a percentage can have an increasing impact on your maximum potential savings. That’s why assessing solar panel degradation rates before you sign the dotted line is crucial.
All solar panel systems degrade over time, but some lose their production capacity much more slowly than others. Various factors can affect a solar array’s degradation rate including climate, temperature and the materials that ultimately make up a solar panel’s durability. To ensure your solar system will perform at the highest level possible, opting for a premium solar solution that can handle the stress is a must.