Monocrystalline panels have a long lifespan. Most manufacturers put a 25-year warranty on their monocrystalline solar panels. Because both types of crystalline solar panels are made from crystalline silicon, a really stable material, it is likely they will last much longer than their 25-year warranty life.
Surprisingly, solar panel lifespan has always been extremely good. Given they have no moving parts, there is rarely something that can go wrong within the solar panel itself, which means they can keep generating electricity for a very long time. However, what has improved is the level a solar panel will be performing at after 25 years of usage.
Solar panels usually come with two types of warranties: The product warranty covers defects in the solar panel itself and typically covers around 20-25 years, although some manufacturers offer longer warranties up to 30 years or beyond.
The performance warranty guarantees that the solar panels will produce a certain percentage of their rated power output over time, usually promising around 80-90% of their original output by the end of the warranty period. These warranties protect your solar investment by making sure the panels work as they should for a long time.
The degradation rate of solar panels is calculated as a percentage. Experts estimate that most solar panels degrade at a rate of around 0.2% – 0.5% per year. This means that the output of usable energy generated by your solar panels slowly decreases over time.
Yes, a solar panel goes through a natural degradation process as part of its lifecycle. This means that its ability to convert daylight into electricity is very slightly reduced each year. Why do solar panels degrade? Solar panels degrade mainly because of exposure to the elements.