Solar Power 101: Everything You Should Know About the Lifespan of Solar Panels

By February 8, 2021February 22nd, 2021No Comments

Installing solar panels in your home or business is an investment that can be of significant benefit to you. Not only because you are reducing your carbon footprint, but it will also save you money in the long run.

Typically, the first question people ask about solar panels is “How much does it cost?”. While it is a valid question, decisions should never depend on price alone. That brings us to the next question; “How long will my solar panels last?”. If you install quality products, you can expect at least 30 years of clean energy. But, that doesn’t mean that it will stop working after you’ve reached three decades.

It means that your solar panels might lose some efficiency over the years, but the degradation rates aren’t extreme. According to a recent study by NREL (National Renewable Energy Laboratory), out of the 2000 solar panels that were tested, most of them were running at 88% of their original capacity after 25 years.

While you might have to invest some money now, most solar power systems will pay for themselves within a few years. And with the prospect of a lifespan of 30+ years, you can be sure to save a substantial amount of money on electricity. The benefits of installing solar panels far outweigh the price you need to pay upfront.

If you have been looking for ways to fight global warming, you can do it by installing solar panels. Using solar panels as your primary energy source will save you money and help you protect the environment.

Nupower is a solar panel installation company in South Africa with 12 years of experience in the industry and a passion for saving and preserving the environment. For more information or to get started with your solar panel installation speak to one of our friendly and helpful team members today.