What are the cheapest types of solar panels?

Polycrystalline solar panels and thin-film solar panels are the least expensive types of solar panels, typically costing around 20% less than monocrystalline panels. However, they are also less efficient.

Are cheap solar panels better than expensive solar panels?

Because cheap solar panels are, as a general rule, less efficient than more expensive varieties, you’ll require more of them to generate the same amount of power as a more efficient, similarly sized solar system would.

Are cheap solar panels a good investment?

Cons of cheap solar panels: Lower efficiency: Cheap solar panels are more likely to be less efficient, usually around 18–21% efficient rather than 20-23% efficient. Affordability hurdle: The upfront cost of solar panels, even cheap ones, is still a significant investment that may only be affordable for some homeowners.

Are low-cost solar panels worth it?

Low-cost solar panels can be a cost-effective entry point for homeowners with lower electricity needs, particularly for a 4kW solar system or even a 5kW solar system, which is suitable for powering a 2-3 bedroom house. However, keep in mind the potential trade-offs in efficiency and lifespan compared to premium panels.

How do I choose a cheap solar panel?

When it comes to questions around quality and reliability, there are three important things to consider before you select a cheap solar panel: the product, the supplier, and the installation. On the first point, your solar system’s warranty matters. It’s what you’ll turn to should one or more or panels start to fail: so the longer, the better.

Why are cheap solar panels so popular?

The main benefit of cheap solar panels is saving money on your energy bills (Adobe) Solar panels are a worthwhile home improvement, and domestic installations continue to rise in the UK. In December 2023 alone, nearly 16,000 solar systems were installed in the UK. So