Expected Useful Life Of Solar Panels

Solar site assessors use these rates.

Expected useful life of solar panels.

However their ability to absorb sunlight will be reduced. To put your mind at ease studies have proven solar panels can last anywhere between 25 to 30 years or sometimes more. By the end of 2015 an estimated 222 gigawatts worth of solar energy had been installed worldwide. The life expectancy of solar panels.

Degradation rates are used in solar site assessments in order to estimate the energy production over the life of a system and to calculate the payback period and return on investment. Solar panels typically come with 25 year performance warranties and 10 to 12 year limited warranties. Since the early 2000s the amount of solar panels being installed worldwide has been growing exponentially and it s expected to continue to do so for decades. Those panels could retain 96 of their production capabilities after 20 years.

Solar power is having its hockey stick moment. Most solar panel companies will provide a standard 25 year warranty for the expected life expectancy of the solar panels. An inspection of your solar panels may also include an inspection of the other equipment involved in a solar installation namely your solar inverters and roof racking system. Warranties don t necessarily equal life expectancy but they are a good place to start estimating.

A typical central inverter for a pv installation will last between 10 and 15 years and thus will need to be replaced at some point during the lifetime of your solar panels.