Are high-efficiency solar panels a good investment?

High-efficiency panels tend to generate more power, making them more likely to maximize your energy savings over time. In this guide, I will review the top six most efficient solar panels brands in the clean energy industry you can install on your home and discuss how they compare to other performance metrics.

Which solar panels have the highest efficiency in 2024?

Maxeon offers the highest efficiency solar panels of 2024, with maximum efficiency ratings of 22.8%. That’s impressive! REC, whose Alpha Pure-RX models can reach 22.6% efficiency, is not far behind. Here are the top five highest efficiency home solar panels: 1. SunPower Maxeon Residential AC 440 W

How much does a high efficiency solar system cost?

High-efficiency solar panels tend to come with a higher price tag and can add a premium of over $2,000 to the total cost of your system. That means a 7 kilowatt (kW) solar system using premium efficiency panels might cost around $23,100, while the same system using standard efficiency panels might be closer to $19,900.

What are the top manufacturers of high-efficiency solar panels?

I’ll include a look at how the different top manufacturers of high-efficiency solar panels compare in the table below. Maxeon panels have the highest efficiency you can get in terms of residential solar panels, topping out at an impressive 22.8%.

What is the most efficient residential solar panel?

Maxeon’s SunPower Residential AC 440 W residential model takes first place as the most efficient residential home solar panel. Maxeon has been using the same technology it patented in 2005, keeping it a top maker of high-efficiency solar panels for years.

How efficient are solar panels?

Just five years ago, the average solar panel efficiency in quotes through EnergySage was 19%. In 2024, the average efficiency is about 21.4%, which translates to 10% more electricity produced per panel. Within those averages, you'll find solar panels with a range of efficiency ratings.