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Which Types of Solar Panels are Best for Your Home in 2024?
Are you planning to switch to solar but not sure about which types of solar panels to choose? In the last decade, there has been a drastic shift towards solar energy, yet many people find themselves confused while choosing the right types of solar panels as per their consumption and need. The type you choose also affects the energy production and budget of your solar project.
If you are wondering, what are the different types of solar panels? Which is the most efficient? Can I mix different types of solar panels to maximize your system’s performance? Which panel is better for home or commercial properties? then you are in the right place!
In this guide, we will tell you about the four types of solar panels, their advantages, disadvantages, energy production, and efficiency. We will also answer all your questions to help you choose the best types of solar panels for your home and commercial property.

What are Solar Panels?
Solar panels are the device that convert sunlight into electricity. They consist of many small units called solar cells, which are mostly composed of silicon, and when solar light falls on those cells, the electrons in silicon get excited and move; this results in electricity generation and is termed the photovoltaic effect.
Solar panels are mostly mounted on rooftop spaces or open areas where there is more possibility of direct sunlight for these panels. However, in addition to the rooftops of houses and shops, it is even possible to power larger installations like huge solar farms.
Four Types of Solar Panels:

There are four types of solar panels: monocrystalline, polycrystalline, thin-film, and PERC. If you understand the difference between them, it will help you choose the right one for your energy needs, space limitations, and budget.
1. Monocrystalline Solar Panels
Monocrystallines are one the best and most popular types of solar panels in the solar energy market. They are known for being made of a single and pure silicon crystal. Its manufacturing involves slicing cylindrical silicon ingots into thin wafers to provide a uniform black color. It also has a very high energy conversion rate because of the solar panel’s design which allows maximum sunlight absorption. Monocrystalline types of solar panels are also known for their aesthetic look. They can be used for both commercial and residential solar panel installations.
These types of solar panels have ability to generate more electriciy per square foot compared to polycrystalline or thin-film panels. Due to their efficiency and design, these solar panels are better for areas with limited roof spaces.
Efficiency: Monocrystalline solar panels are one of the most efficient types of solar panels. They have efficiency ratings above 20%, which means they convert more sunlight into electricity compared to types of solar panels.

Advantages:
- Space Saving: Due to high efficiency, few solar panels are needed to meet energy demands, which is beneficial for properties with less roof space.
- Durability: Monocrystalline panels are designed to easily face various environmental conditions, due to which they are reliable and work for a longer time.
- Aesthetics: These types of solar panels have a sleek, uniform black appearance which makes them look more aesthetic and complements the house roof.
Disadvantages:
- Higher Cost: Monocrystalline panels are manufactured through a more complicated and costly process, which means they will be more expensive compared with polycrystalline panels.
- Wastage in Production: The production cycle is so casual that sometimes wastage may reach up to 50% while manufacturing these panels.
- Temperature Sensitivity: Though they perform adequately under normal conditions, their performance could decline in very hot temperatures, although, in general, they are often more efficient than polycrystalline panels in heat.
Best Suited for: Monocrystalline solar panels are best suited for: people with limited roof space, those looking for aesthetics, and those who prefer quantity and long-term benefits over money.
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2. Polycrystalline panels
Polycrystalline solar panels are made from multiple silicon crystals melted together to form a square-shaped block, that is later cut into wafers. This manufacturing process is simple and more affordable, due to which it has a lower price. The color of these types of solar panels is dark blue with a speckled look due to the different crystal structures.
Although polycrystalline panels are less efficient compared to monocrystalline panels but they offer a good balance of cost and performance. However, due to their low efficiency, they require more space. It is a better option for those with more space looking for reliable performance and affordability.
Efficiency: Polycrystalline panels have a efficiency of 15% to 17%, which makes them suitable for both residential and commercial applications where space is not as limited.

Advantages:
- Cost-Effective: Polycrystalline panels are more affordable than monocrystalline making them a budget-friendly option for all customers.
- Lower Production Waste: The manufacturing process of these types of solar panels results in less silicon waste, which also lowers its cost.
- Environment Friendly: The production of polycrystalline panels requires less energy which results in a smaller carbon footprint during manufacturing compared to others.
Disadvantages:
- Lower Efficiency: Polycrystalline panels have a lower efficiency rating compared to monocrystalline panels, requiring more space to produce the same amount of energy.
- Heat Sensitivity: These panels tend to have a lower heat tolerance, meaning their performance may decrease in high-temperature environments.
- Larger Space Requirement: Due to their lower efficiency, more polycrystalline panels may be needed to generate the same power output as fewer monocrystalline panels, requiring more installation space.
Best Suited For: These types of solar panels are best for homeowners and businesses with enough roof space or budget constraints.
3. Thin-film solar panels
Thin-film solar panels are part of the solar technology category solar panels can be described by their strikingly thin and flexible design. They do not use silicon wafers as their counterparts crystalline silicon does, but they are built up layer by layer with very thin layers of material, such as cadmium telluride (CdTe), amorphous silicon (a-Si), or copper indium gallium selenide (CIGS) deposited onto a backing material.
Due to this, these types of solar panels are thus completed in any shape and size, allowing for very adaptable applications in building-integrated photovoltaics, portable devices, and other kinds of installation. They also have better performance under low-light conditions and lower space utilization capabilities. They have minimal structural support making them more portable than others.
Efficiency: The efficiency of thin-film solar panels is between 6% to 15%, depending on the material used. Also, cadmium telluride has an efficiency between 9% and 11%, while copper indium gallium selenide has efficiencies around 13% to 15%.

Advantages:
- Lightweight and Flexible: Thin-film panels are relatively light and flexible, they could be installed conveniently over curved, irregular-shaped roofs and other surfaces.
- Better Performance in Low Light: These panels are superior to the crystalline panels. They can produce steady energy when it is low and even on cloudy days.
- Lower Cost: The manufacturing process for thin-film panels is relatively cheap, and thus, made more affordable by customers with cost concerns.
Disadvantages:
- Low Efficiency: Thin-film panels have lesser efficiency compared to monocrystalline and polycrystalline panels and require more space to produce the same amount of electricity.
- Shorter Lifespan: They normally have a shorter lifespan than crystalline panels. In most cases, the increased costs for replacement and other replacement costs tend to be higher in the future.
- Environment Concerns: Some thin-film technologies, like cadmium telluride, employ toxic materials, which can lead to environmental problems when improperly disposed of or recycled.
Best Suited For: Thin-film solar panels are best for customers who want portable and flexible solar panels at a cheaper rate. Although they have shorter lifespans but they are more environment friendly and affordable.
4. PERC Solar Panels
PERC stands for Passivated Emitter and Rear Cell. These types of solar panels are a high-tech version of monocrystalline solar technology. They raise the efficacy of a typical solar cell. The passivation layer at the rear side of the cell raises the possibility of reflection of nonabsorbed sunlight back to the silicon material. It enhances the light absorption, hence increasing the overall efficiency. PERC technology enables the collection of more energy without losing compactness, making it perfectly suitable for installations that are space-conscious.
PERC panels have gained more attention recently because they are capable of delivering more power with less carbon footprint. Efficiency improvement coupled with better performance makes the cost per watt low as time advances. Better performance, installation space, and innovative solar panel design put the PERC panel ahead.
Efficiency: PERC are better than monocrystalline and have an efficiency rate higher than 20%, which is approximately 5% better than an average monocrystalline panel.

Advantages:
- High Efficiency: PERC panels have much greater efficiency than ordinary solar panels. This makes them ideal for installations where space is scarce.
- Higher Energy in Low Light Intensity: These can provide high levels of energy even with sparse or minimal amounts of light, as on cloudy days or overcast.
- Lower Temperature Coefficient: PERC technology enjoys the reputation of a lower temperature coefficient. This means they work well during high temperatures, and therefore, less energy will be wasted in the hottest days.
Disadvantages:
- Higher Initial Cost: Higher in the cost of production than the traditional monocrystalline panels, which raises the initial cost.
- Sensitive to Light Degradation: The PERC panel could sometimes be more sensitive to light-induced degradation (LID) when exposed to sunlight for the first time. It may affect long-term performance.
- Scarcity: PERC technology, though present in significant large amounts, is nowhere near the abundance of standard panels. Such lesser choices might not be too appealing for buyers, especially for those staying in some specific places or regions.
Best Suited For: PERC solar panels are the best types of solar panels. They can be used for residential and commercial installations with limited space but high energy output demand. These are well suited to compact urban space or rooftop installation.
Choosing the Best Types of Solar Panels for the Future
Choosing what types of solar panels will best suit your property involves knowing about each option. Now that we have learned about the efficiency, pros, cons, and best use of all types of solar panels, we can easily make a decision based on our needs and budget. For instance, persons with minimal space on the roof and who may require huge aesthetic appeal may prefer monocrystalline panels, whereas for larger installations where the budget constraint is a problem, polycrystalline can be used.
For those who prefer flexibility and lightweight options for quite unconventional spaces, there are thin-film panels. PERC panels can be represented as having greater efficiency and superior performance if the light conditions prevail. So, these panels are very ideal for urban dwelling apartments that may even have smaller spaces.
As a homeowner, now you have to decide which type of solar panel will best fit your needs depending on the space available, budget, or amount of energy wanted. Here are three key takeaways from this guide:

— >Efficiency Matters: In terms of efficiency, the two most efficient solar panels include monocrystalline and PERC, which is more ideal for smaller space use.
— >Budget-friendly Options: Polycrystalline panels are relatively cheaper and suitable for larger installations.
— >Versatility: Thin-film panels are flexible and lightweight, making them suitable for odd-end applications.
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