In today’s world, installing solar panels has become essential for saving energy and protecting the environment. Nowadays, many businesses are looking for ways to control energy consumption and reduce high costs, all while staying environmentally conscious. However, installing solar panels is the first step in making an informed purchasing decision for the best results. This blog explores the top five factors that businesses need to consider to choose the right solar panel system.
Factors to Remember When Installing Solar Panels
- Output and Efficiency
- Type of Material
- Panel Degradation Rate
- Warranty
- Cost and Value
1. Output and Efficiency
Measuring the output and efficiency of solar panels is always a crucial factor. Every solar panel varies in their ability to convert sunlight into usable energy. Always look for a solar panel that offers high-efficiency ratings—normally above 20%—to maximise power generation. For example, businesses located in areas with limited sunlight should consider highly efficient panels that significantly increase energy conversion. As a result, solar panels’ efficiency will ensure greater power generation and help you save a lot over time.
2. Type of Material
The materials used in your solar panels are integral to their performance and longevity. So, before your solar panel installation, let’s take a look at some of the most common materials used in production:
- Monocrystalline Panels: They are made of an expensive material that promises high performance while ensuring higher durability. Because of their greater capacity to produce energy, they require less room, making them better for businesses with limited installation areas.
- Polycrystalline Panels: This material generates less power compared to the monocrystalline grade but its affordability makes up for it. So, in order to generate the same amount of energy as monocrystalline solar panels, more space is required.
- Thin-film Panels: They are a rare choice because of their low-energy production but they offer unique installation benefits, such as being lightweight and flexible for curved surfaces.
So, carefully consider the material that best suits your energy and space needs before you install solar panels.
3. Panel Degradation Rate
Just like other forms of technology, solar panels also experience degradation and generate less power over time. Normally, these panels deteriorate and lose their efficiency between 0.35% to 1% per year. Therefore, considering your manufacturer’s degradation rate is crucial to ensure optimal output for your solar panel in Singapore. Keep in mind that a lower degradation rate means better performance and higher durability.
4. Warranty
Warranty is always a major consideration when installing solar panels as their setup requires strenuous effort and high costs. These devices are not cheap and demand a significant time and money for their purchase and installation. As such, going for the most reputable solar company in Singapore that offers extensive warranties, ranging from 10 to 25 years, covering defects and performance issues, is key.
Be sure to read through the terms to understand their coverage and claim policies. This will give you peace of mind knowing that your system is safe against potential defects and performance deterioration over time.
5. Cost and Value
Understanding the cost of solar panels helps in making the right choice for your office needs. It might seem a tad expensive in the start, but its benefits outweigh its installation cost in the long run. Therefore, it is worth taking the time to compare your options, factoring in solar power panels’ cost, size, and material to make a smart investment.
Spend Less, Generate More
Installing solar panels is a big investment for long-term cost savings and committing to environmental sustainability efforts. Businesses can make a significant impact on energy costs by factoring in a solar panel system’s efficiency, degradation rate, material, warranty, and cost. With the right providers comes better performance, and PMCE is a trusted leader in the solar panel market, offering effective, personalised solar panel solutions. Contact our experts today to find the best solar panels in Singapore!
