Solar panels keep getting better at converting free, renewable sunlight into electricity.
The most efficient solar panels on the market today are sold by SunPower and Canadian Solar, both of which have a maximum efficiency rating of 22.8%. While this is the number one mark among residential solar panels, competitors are closing the gap.
These solar panels can produce different amounts of energy from the same amount of sunlight.
Choosing the right solar panel for your home is a game of balancing price, function (such as efficiency), and maybe even appearance. Your choice is also limited by what the solar installer you’ve already chosen has to offer.
This list ranks the most efficient solar panels. We won’t just tell you which panels have the highest scores for converting the most sunlight into energy, we’ll just explain what solar panel efficiency is, why it matters and if it really matters.
The most efficient solar panels
Canadian Solar’s 445-watt HiHero panel model is the first solar panel to match SunPower’s efficiency label. With a temperature coefficient of -0.26%, it will continue to produce at a high level even when the temperature rises.
SunPower has long been a leader in solar panel efficiency, and its range of panels has received higher efficiency ratings overall than any other solar panel manufacturer.
At -0.24%, REC’s Alpha Pure panel has the best panel power temperature coefficient. It will lose less yield at higher temperatures than other panels.
The Tiger Neo panel has an efficiency rating of 22.27% and a temperature coefficient of -0.29%.
Panasonic’s Evervolt panel, both standard and all-black versions, has an efficiency rating of 22.2%. They also have a low temperature coefficient of -0.26%.
Determining the most efficient solar panels is a very simple matter of tracing the data sheets provided by the manufacturer and determining the efficiency numbers. These numbers are higher today than they were in the not too distant past and continue to rise.
According to the Lawrence Berkeley National Laboratory’s Sun Tracking Report, 2021 was the first year that more than half of the residential solar panels installed in the United States achieved efficiency ratings above 20%. Ten years ago only 0.6% of those fitted made it that far. High efficiency solar panels are more popular than ever and are becoming more and more popular.
If you’re looking for the most efficient solar panels for your roof, here’s how the most widely used brands on the market stack up.
The most efficient solar panels
Data accurate as of April 12, 2023.
How we selected and ranked the most efficient solar panels
The panels on this list have been chosen because they are some of the most commonly installed and likely to appear in solar installation quotes. If panels that do not appear in this listing are cited, you can check their efficiency rating and other specifications the same way you did. Here’s how.
Solar panel manufacturers publish data sheets for solar panels, which show their dimensions, performance metrics, and internal chemistry. If your solar company does not supply it to you, you can access it by clicking on the company name in the table above. (Many links lead to PDFs). From there, comparing stats is simple.
The panels offered here are the most efficient offerings from each of these companies. They may sell other boards that appear at the top of the listing. In general, the higher a company appears on this list, the higher the efficiency of all the solar panels it offers.
What is the efficiency of solar panels?
Solar panel efficiency is a measure of how much solar panels convert the sun’s energy into usable electricity.
“If something is 20% efficient, that means 20% of the energy in the sunlight that reaches the solar panel is converted into moving electrons,” Daniel Ciolkoz, a professor of agricultural and biological engineering at Penn State, told CNET.
More efficient solar panels will produce more electricity than less efficient ones, even if they are exposed to the same amount of sunlight.
What affects the efficiency of solar panels?
The above figures are obtained under controlled conditions in laboratory tests. In the real world, there are a lot of factors that could cause you to get less power than your panel’s efficiency rating would suggest. Foggy skies, a suboptimal angle or placement on your roof, or inefficient electronics between panels and the things that power them can all result in lower actual power output.
Another factor affecting the efficiency of solar panels is their temperature. When solar panels get hot, they start to produce less power, but not at the same rate. A solar panel’s temperature coefficient measures how bad its output is for each degree Celsius (1.8 degrees Fahrenheit) above 25 degrees Celsius (77 degrees Fahrenheit).
Solar panels are installed at an angle to capture more of the sun’s energy.
For example, at 26°C (79°F) the REC Alpha Pure produces 0.24% less power than at 25°. At 29°C (84°F), it will lose approximately 1% of its yield.
Is solar panel efficiency important?
All things being equal, it would make more sense to choose a solar panel with a higher efficiency over one with a lower rating. But high-efficiency solar panels usually cost more than lower-rated panels, so making the best choice becomes a matter of balancing your financial goals with what your preferred installer has to offer and other considerations like brand and aesthetics.
“It’s just one part of the equation,” Ciolkos said. “The biggest question for the end user is the economy and how it pays off.”
Is there a case where efficiency might be worthwhile?
“If you have one of those tiny houses on HGTV,” said Tom Bersniak, a teacher of counseling at Penn State University.
If you are limited by the space available for solar panels, you may want to extract as much solar energy from that space as possible, although if your state allows it, a community solar subscription may be a better financial option, Beresnyak said.
What should I consider when choosing a solar panel company?
Since there is no one-size-fits-all solution for solar energy, there is no one-size-fits-all advice for choosing a solar company. The best approach is to get quotes from several installers before making a decision. Choose the company that has done the best for your needs, you are confident in doing the work and answered all your questions.
Before switching to solar energy, you should understand your energy use and decide if your goals are to completely replace that energy, save as much money as possible, or achieve something else. From there, it’s a matter of benchmarking competing prices against your goals.
The DOE recommends choosing an installer with credentials from a respected third party, such as the North American Council of Certified Energy Practitioners, which runs an online directory of certified installers that you can filter by state and certification.
Installers should definitely assess the condition of your roof because removing panels at a later date to replace the roof will be an additional cost. They must also be able to transparently answer questions about the design of the systems and why they are making their specific proposal.
“An installer can make all the difference because the angle and mounting are[important]to maximize what you have on that site—a skilled installer will continue to be the real key in your long-term production,” said Beresnyak.
questions and answers
What type of solar panel is most efficient?
Can solar panels be 100% efficient?
The boards in this listing are only the boards that are commercially available. Research into solar cells (the energy-producing components that make up solar panels) has produced much higher efficiencies in the laboratory. The National Renewable Energy Laboratory tracks the highest efficiencies achieved under standardized laboratory conditions. The highest ever solar cell efficiency was 47.6%, recorded in June 2022.