2023 Solar Panel Warranties: What to Look For
As more and more people become aware of the benefits of solar energy, the demand for solar panels is increasing. One of the most important factors to consider when investing in a solar panel system is the warranty that comes with it. With many manufacturers offering different warranty terms, it can be a daunting task for consumers to understand what to look for in 2023 solar panel warranties. In this article, we’ll help you understand what to look for when considering a solar panel warranty.
What Is A Solar Panel Warranty?
A solar panel warranty is a guarantee that the manufacturer provides to the consumer that if the product malfunctions or fails to perform as intended within a certain period, they will fix or replace it. Solar panel warranties typically come in two parts: a product warranty and a performance warranty.
The product warranty is a guarantee against manufacturing defects that may affect the performance of the solar panel. It covers things like broken glass, water damage, and other issues that may arise from the manufacturing process.
The performance warranty, on the other hand, guarantees that the solar panel will produce a certain amount of power within a given period. Manufacturers will often guarantee a certain level of performance (usually 80% or greater) over a 25-year period.
The Parts Of A Solar Panel Warranty
As we mentioned earlier, a solar panel warranty typically consists of two parts: a product warranty and a performance warranty. However, there are other parts of the warranty that you need to pay attention to when comparing different products.
Parts Covered
When looking at a solar panel warranty, you need to consider what parts of the panel are covered. The warranty should include coverage for the solar cells, frame, glass, and junction box. You should also look for warranties that cover the labor and shipping costs associated with repairing or replacing the panels.
Warranty Length
One of the most important factors to consider when looking at a solar panel warranty is the length of the warranty. The product warranty and performance warranty should both be for a minimum of 25 years. Some manufacturers may offer longer warranties, but be sure to read the fine print, as there may be limitations to the coverage.
Performance Guarantee
The performance guarantee is an important part of the solar panel warranty, as it ensures that the panels will produce a certain amount of energy over a given period. A minimum guarantee of 80% production capacity over 25 years is common, but some manufacturers may offer better guarantees. It’s important to note that the warranty may not cover factors beyond the manufacturer’s control, such as extreme weather conditions.
Warranty Transferability
If you sell your home or want to transfer ownership of the solar panel system, it’s important to consider whether the warranty can be transferred to the new owner. Some manufacturers allow for transferability, while others may require the new owner to purchase a new warranty.
Exclusions
Like any warranty, a solar panel warranty may have limitations to what it will cover. Be sure to read the fine print to understand what is excluded from the warranty. Common exclusions include damage from natural disasters, improper installation, or deliberate destruction.
Manufacturer Reputation and Customer Service
When choosing a solar panel, it’s important to consider the reputation and customer service of the manufacturer. A reputable manufacturer will stand behind their products and be willing to work with you if any issues arise. A good warranty is only as good as the manufacturer who guarantees it, so be sure to do your research and read reviews from other customers before making your decision.
Conclusion
When investing in a solar panel system, the warranty that comes with it is a crucial consideration. Look for warranties that cover a minimum of 25 years, have clear coverage of all parts, and offer a performance guarantee. Consider the reputation and customer service of the manufacturer before making a decision. Doing your research and understanding what to look for in a solar panel warranty will help ensure that you make the best decision for your needs.
