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graph of the top solar panel manufacturers 2019

Top Solar Panels of 2018 & 2019

By Best Solar Panels for Homes in 2025, Solar Panels for Home No Comments

Top Solar Panels 2019 & 2018: An Overview

As we’re wrapping up the year here at Solar.com, we’ve been reflecting on the last two years in the solar industry. Solar is one of the fastest-growing industries in America and globally, and that means a lot of changes happening very quickly. To help make sense of some of these changes, we took a deep dive into our last two years of data to try and pull out some insights.

Specifically, we wanted to visualize the way that solar panel manufacturers have grown and competed in the last two years on our marketplace, and see how they stack up against one another over time. To accomplish this, we turned our raw data into a “bar chart race” that compares the relative growth of the solar manufacturers that work with Solar.com, over the last two years.

The video shows a “running quarter” total for each month from 2018 to 2020, and allows you to see the top solar panels’ ups and downs, who stayed on top, and who we’ve seen the most impressive growth from. The results surprised and excited us, and provide some interesting insights into the future of the solar market.

The Rise of Solaria

Throughout the two years represented in the video, you’ll see many of the top global solar manufacturers battle it out for supremacy and unseat one another repeatedly. This speaks to the amount of competition and innovation in the market, and highlights the large number of variables that influence who the top solar panels are at any given point in time. Looking at the entire two-year time period as a whole, it could be generally summarized as a fight among Q CELLS, LG, Sunpower, and Panasonic (with Silfab making an appearance or two).

This is pretty much expected, as all of these companies are big brands in tech, and they each produce high-quality solar panels. Competition is stiff at the higher end of the solar panel market, which is why it’s so surprising (and encouraging) to see U.S. based panel manufacturer Solaria shoot up in popularity so dramatically at the end of the video. In just a year of being sold on the Solar.com Marketplace, Solaria managed to soar to the top of the charts, second only to LG at the time of this writing in December 2019.

The timescale that our data is based on in this case, a rolling three-month total, indicates massive growth for Solaria compared to other manufacturers in a relatively small amount of time (within a year). This is encouraging for a number of reasons, but primarily because competition in the industry means lower prices for consumers and better technology quicker. The fact that we saw such outstanding growth from a newcomer to the market reveals that the solar industry is still in its early stages, and that we can most likely expect plenty of change, innovation, and competition in the coming years. In other words, solar is just getting started!

The Other Top Manufacturers

We’ve spent a good amount of time talking about Solaria, but what about the other major players? LG, Sunpower, Q CELLS and Panasonic each performed considerably well in 2018 and 2019, and each is already a well-established technology brand with plenty of brand recognition and past successful products to point to.

Each of these players has different strengths and weaknesses including warranties, parent companies, tech specifications, certified dealers, supply chain, efficiency and more.

If you watched the video, you saw that there is no one single player who is consistently on top of the market. What this means for consumers is that there really isn’t a one-size-fits all, true “best solar panel”. Even the video that we made, while it does provide some valuable insight into the relative growth of these companies, only looks at one dimension of the competition between panel manufacturers.

Conclusion: Top Solar Panel of 2019 & 2018

The answer, while mildly anticlimactic, shouldn’t surprise you if you watched the video: The top solar panel is subjective, and depends on your individual situation and what you’re looking for out of going solar. However, you can rest assured that no matter which of the top solar panels you go with, you’re backed by massive, reputable brands and plenty of competition among them to keep your options fresh and enticing.

Here’s some information to help you compare and decide what YOUR top solar panel is:

Manufacturer
Strengths
LG
  • Best smart home integration strategy/compatibility
  • Warranties backed by LG Electronics
  • Highest brand recognition along with Panasonic
  • >90% efficiency guaranteed by year 25
  • 25 year labor warranty
SunPower
  • Best efficiency ratings and most advanced technology
  • All-in-one manufacturer: SunPower makes every part of the system from the panels to the racking
  • Premium top tier panel, although that means a premium price
  • >90% efficiency guaranteed by year 25
  • 25 year labor warranty
Q CELLS
  • Best value: High efficiency for the price point
  • Low degradation ratings
  • Not quite top tier, but significantly more affordable than other premium panels
Panasonic
  • Certified Panasonic “master dealers” backing their solar work for 25 years on top of Panasonic’s warranties
  • Very low degradation ratings
  • Highest brand recognition along with LG
  • Top tier panels
  • >90% efficiency guaranteed by year 25
Solaria
  • Best panel aesthetics in the industry
  • Competitive pricing
  • Inching toward the top tier with LG, Sunpower, Panasonic

Solar.com is dedicated to providing a space for competition in the solar market, because when manufacturers and installers compete, consumers win.

To take advantage of this competition and compare solar bids, schedule a call with one of our energy advisors today.

Zillow Report Increase Home Property Value

Going Solar in These Top 10 States Will Increase Your Home Property Value

By Best Solar Panels for Homes in 2025, Increase Your Home Property Value No Comments

According to a recent report by Solar Energy Industries Association (SEIA), the U.S. installed 2.1 GW of solar capacity in Q2. The solar industry reached new heights after hitting a 2 million milestone of total solar PV installations. As the industry continues to adopt solar technology, these numbers are expected to double in a matter of four years. We know solar PV helps homeowners save money on their electric bills with cleaner energy, but does it boost their home property values? And by how much?

A recent Zillow research reports that some states are proving that solar power does in fact increase a home’s value. The report also shows that homeowners are evaluating their return on investment with solar energy and how this investment lumps into the same category as similar home improvement projects like kitchen renovations.

Rooftop Solar Can Increase the Value of a Home by Up to 4.1%

Zillow conducted research on solar and the research shows solar PV can actually increase the value of a home by up to 4.1% versus homes with no solar panels. This figure translates to an additional $9,274 for the median-valued home in the U.S. The report proves there are more benefits than just reducing monthly utility bills and sourcing cleaner energy. As more and more states require solar panels on new homes (and buildings) and with the continued growth in solar installation, homeowners will find additional value to solar installation.

In addition to saving money on monthly utility bills, homeowners find value in homes that allow them to live more eco-friendly. Climate change has greatly impacted severe natural disasters and the appeal of living more conscious-minded is becoming a trend–even within home buyers.

Zillow Senior Economist, Sarah Mikhitarian, states, “There is increased demand for green living. More than 80% of buyers now say energy-efficient features are important in selecting their home.”

Let’s take a look into the report that compares the sale price of homes with and without solar between March 2018-February 2019. Zillow analyzed various details for this report such as: location, market value at the time the property was listed for sale, as well as the time of the year the home was sold.

Top 10 States With the Highest Solar Premiums

1. New Jersey

9.9% or $32, 281 for the median-valued home

2. Pennsylvania

4.9% or $8,589 for the median-valued home

3. North Carolina

4.8% or $8,996 for the median-valued home

4. Louisiana

4.9% or $7,037 for the median-valued home

5. Washington

4.1% or $15,916 for the median-valued home

6. Florida

4% or $9,454 for the median-valued home

7. Hawaii

4% or $24,526 for the median-valued home

8. Maryland

3.8% or $10,976 for the median-valued home

9. New York

3.6% or $10,981 for the median-valued home

10. South Carolina

3.5% or $5,866 for the median-valued home

Bottom Line

It is important to note that no solar premium is the same throughout the entire state, it actually depends on the city itself. For example, homes in New York City are 1.8% higher than it is statewide. 

Does your home state fall under this list? What do you know about solar in your home state? Join the millions of homeowners who are making the switch each and every day towards a cleaner future with great energy savings that will pay off in the future. Get started today with a trusted Energy Advisor to learn about the best solar options for your home.

Report by: Zillow