What Is Solar Panel Efficiency?

Solar panel efficiency refers to the percentage of sunlight converted into electrical energy by solar panels. Also called the conversion rate, solar panel efficiency is among the key things to think about when buying solar panels, as this could indicate how much solar energy, youll be getting out of your solar energy system. High Solar panel efficiency will generate extra energy than those with lower efficiency ratings and give you maximum solar panel savings in long run. A high-efficiency panel also means youll require much less roof space for your solar panel installation compared to lower efficiency panels, making it best for those with limited roof space availability. Conversion rates can differ depending on the quality of manufacturing, techniques and materials used. The average solar panel efficiency rating comes between 19% 24%.