While a product warranty protects you from defective equipment, a performance warranty ensures that solar panels maintain a certain level of output throughout their lifetime, typically 25 years.
The length of a product warranty varies based on the manufacturer and model. Traditionally, these warranties typically last 10-15 years, although it is becoming more common for premium panels to have 20 and 25 year product warranties. If a panel fails within the warranty period, the manufacturer will typically replace or refund the panel.
Solar panel equipment warranties cover the physical aspects of the panel, including any manufacturing defects or durability issues. While solar panels are very durable, it's not unheard of for a panel to fail, most often from faulty wiring or corrosion.
Should you buy a warranty for a solar energy system?
When you invest in a solar energy system, one of the most crucial things to consider is the warranty offer. Manufacturer warranties provide a layer of financial protection for you in the event of faulty solar equipment, performance issues, and more.
Solar panel warranties often cover storm damage, but it's essential to review the warranty terms to confirm the extent of coverage and any specific conditions that may apply. How Long Is the Warranty on Solar Panels? The length of a solar panel warranty varies, with most manufacturers offering warranties ranging from 10 to 25 years.
A performance warranty guarantees a maximum level of degradation – typically between .25% and .75% – per year so that in 25 years the panel will still have 80-90% of the power output it did in its first year. Performance warranties are important for sizing solar systems to maintain 100% offset for 25 years.
Warranties serve as a testament to the quality of a product. Companies typically offer superior warranties for products of higher quality. While solar panel failures are exceedingly rare due to their design to endure for decades and withstand harsh weather conditions, occasional errors may still occur.