Types of Solar Panels for Homes (2024) (2024)

By Alex Hawkins Updated February 5, 2024

  • Compare Solar Companies
  • How Do Solar Panels Work?
  • Compare the Types of Solar Panels
  • Other Factors to Consider
  • Our Recommendation
  • FAQ

All products and services featured are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission.

The decision to switch to solar energy is easy for many homeowners. After all, reducing your dependence on fossil fuels is a no-brainer. Unfortunately, understanding the science involved isn’t quite as simple, and shopping for solar panels involves many technical terms and concepts that we don’t typically encounter in our busy day-to-day lives.

We understand you want to know which type of solar panels will perform the best, reduce your carbon footprint, and save money on your energy bills. That is why we have researched the best solar installation companies in the United States and the solar industry at large. This guide will demystify the jargon about the main types of solar panels and explain the design, materials, and efficiency ratings to help you choose the best solar panels for your home.

Compare Solar Companies

Star RatingLocation PresenceBBB RatingLink
SunPowerTypes of Solar Panels for Homes (2024) (4)

4/5

50 StatesA+Get Quote
SunrunTypes of Solar Panels for Homes (2024) (5)

3.9/5

21 StatesA+Get Quote
Blue Raven SolarTypes of Solar Panels for Homes (2024) (6)

4/5

18 StatesA+Get Quote
Palmetto SolarTypes of Solar Panels for Homes (2024) (7)

4.3/5

20 StatesA+Get Quote
Momentum SolarTypes of Solar Panels for Homes (2024) (8)

4.3/5

11 StatesA+Get Quote
Tesla SolarTypes of Solar Panels for Homes (2024) (9)

4.2/5

50 StatesA+Get Quote

SunPower

Sunrun

Blue

Palmetto

Momentum

Tesla

SunPower
LogoTypes of Solar Panels for Homes (2024) (10)
Star Rating

4/5

Location Presence50 States
BBB RatingA+

Get Quote

Sunrun
LogoTypes of Solar Panels for Homes (2024) (11)
Star Rating

3.9/5

Location Presence21 States
BBB RatingA+

Get Quote

Blue Raven Solar
LogoTypes of Solar Panels for Homes (2024) (12)
Star Rating

4/5

Location Presence18 States
BBB RatingA+

Get Quote

Palmetto Solar
LogoTypes of Solar Panels for Homes (2024) (13)
Star Rating

4.3/5

Location Presence20 States
BBB RatingA+

Get Quote

Momentum Solar
LogoTypes of Solar Panels for Homes (2024) (14)
Star Rating

4.3/5

Location Presence11 States
BBB RatingA+

Get Quote

Tesla Solar
LogoTypes of Solar Panels for Homes (2024) (15)
Star Rating

4.2/5

Location Presence50 States
BBB RatingA+

Get Quote

What Are the Different Types of Solar Panels?

Now that you understand the basic science behind solar panels, read over the most popular types of solar panels you will encounter when shopping for a solar system.

PanelUpsideDownside

Monocrystalline

Most efficient

Most expensive

Polycrystalline

Mid-range prices

Shorter lifespan

Thin-Film

Lowest prices

Least efficient

Monocrystalline Panels

Monocrystalline solar panels are one of the most popular solar panel choices. This type of panel currently features the highest efficiency rate, at an average of 24%, and its average lifespan of 25 to 40 years is longer than other solar panels.

Types of Solar Panels for Homes (2024) (16)

Monocrystalline solar cell follow a manufacturing process that creates a pure, nontoxic, and stable silicon ingot. This monocrystalline silicon is then sliced from the ingot to create a silicon wafer. This process results in a highly efficient and eco-friendly product.

Mono panels, as they are often called, feature a dark-black color, making it easier for them to blend into a home’s color scheme and design. For example, if you are interested in solar shingles or a solar roof, you will most likely choose monocrystalline panels.

Polycrystalline Panels

Polycrystalline solar panels are made from different silicon crystals instead of one. Silicon fragments are melted and poured into a mold, leading to limited waste in producing polycrystalline solar cells.

Types of Solar Panels for Homes (2024) (17)

However, because they use less pure silicon, they are less efficient than monocrystalline panels. These panels average around 20% in efficiency ratings. Other downsides to polycrystalline include a lower heat tolerance and a shorter average lifespan of 25 to 35 years.

You can recognize polycrystalline panels by their blue color. You’ll need a larger roof if you opt for polycrystalline solar panels, as they require more space than monocrystalline.

Thin-Film Panels

Thin-film panels are a newer type of solar panel used less often for homes than mono- and polycrystalline. Thin-film solar panels are less efficient, at an average efficiency rate of 19%, and last between 10 and 20 years.

Types of Solar Panels for Homes (2024) (18)

Thin-film panels get their name from the thin layers of semiconductor materials used in them. Materials include silicon, cadmium telluride, and copper indium gallium selenide. These materials are rolled out as a film on a surface. Companies often sell thin-film panels in standardized sizes of 60-, 72-, and 96-cell counts.

Thin-film panels are entirely black, flat, and flexible in shape and size and have the sleekest appearance among the three types of panels. However, because they are far less efficient, you need many more to generate enough power for your home. However, companies typically sell them at a lower cost.

There are three types of thin-film panels:

  • Amorphous silicon (a-Si): The silicon in this type of solar panel is not structured on the molecular level as it is with mono- or polycrystalline panels. This design causes a-Si cells to have a rather low-efficiency rate. This thin-film solar panel is better suited for smaller homes or projects, such as a solar-powered workshed.
  • Cadmium telluride (CdTe): CdTe has the lowest carbon footprint, water requirement, and energy payback time of all solar panel types. However, CdTe releases toxic cells if inhaled or ingested. This issue makes recycling them an expensive and complicated ordeal.
  • Copper indium gallium selenide (CIGS): CIGS panels use layers of copper, indium, gallium, and selenium on glass or plastic. Combining these materials results in the highest efficiency among thin-film panels, but it still lacks efficiency compared to crystalline silicon panels.

Get a Quote on Your Solar Installation

How Do Solar Panels Work?

A solar panel is a device that collects energy from the sun and converts it into electricity through another device called an inverter.

Individual solar cells make up solar panels. Each solar cell is made from layers of silicon. These silicon layers create an electrical field from the electrons inside the solar panel, resulting in direct current (DC). This conversion of electrons from solar power to electricity is called photovoltaics.

DC power then passes through the inverter within the solar power system and becomes alternate current (AC) power. AC electricity powers your home’s electrical system and home appliances.

Get your Solar quote today.

Compare the Types of Solar Panels

TypeMonocrystallinePolycrystallineThin Film

Efficiency Rating

24%

20%

19%

Color

Black

Blue

Depends on the material used

Lifespan

25–40 years

25–35 years

10–20 years

Upsides

Most efficient;Highest power capacity

Middle-ground option

Most cost-efficient; Portable

Downsides

Most costly

Requires more space;Lower heat tolerance

Least efficient;Shortest lifespan

Other Factors to Consider

A few other factors might influence which type of solar panel is best for your home:

  • Temperature: Monocrystalline and polycrystalline panels have peak efficiency between 59°F and 95°F. Regions with high temperatures during the summer that may cause a solar panel to reach an internal temperature of more than 100°F may see a decrease in efficiency levels.
  • Light-Induced Degradation (LID): LID refers to a metric of performance loss that occurs with crystalline panels during the first few hours of sunlight exposure. The sunlight reacts with oxygen left over from the manufacturing process, affecting silicon. LID tends to range from 1% to 3% in efficiency loss.
  • Fire rating: International Building Codes require solar panels to match their roof’s fire rating to ensure that the panels do not accelerate the spread of flames. You will see that different panels come with a fire rating ranging from Class A to Class C. Class A provides the most protection in a fire, as flames cannot spread more than six feet. Class B ensures flame spread does not exceed eight feet, and Class C ensures flames do not spread beyond 13 feet.
  • Hail: Crystalline panels are better for areas that might experience heavy hail as they can withstand hail hitting at speeds of up to 50 mph. Thin-film solar panels are not ideal for hail, given their thin design.
  • Hurricanes: There is no formal classification or rating system for hurricanes and solar panels. Overall, a solar system that uses fasteners, through-bolting modules, or a three-frame rail system is better suited for homes that might experience a hurricane or tropical storm.

Our Recommendation

Overall, monocrystalline panels are the best solar panel option for residential solar on the market today. However, you may want to consider polycrystalline or thin-film solar panels, depending on the size of your solar system and other needs. For example, if you have a lot of space and want to be cost-efficient, you might install lower efficiency but more affordable polycrystalline panels with an up-front purchase of the system. Similarly, thin-film may be a viable option if you want to use solar energy for a small edifice.

We recommend you obtain three quotes from solar installation companies in your area before deciding which provider to use. You can use our tool below to help you determine what reputable solar companies service your home.

Types of Solar Panels FAQ

Which solar panel type is best?

Overall, monocrystalline solar panels are considered the best due to their longer lifespan and higher efficiency rates.

What is the difference between black and blue solar panels?

Some solar panels are blue due to an anti-reflective coating. This coating helps improve the absorbing capacity and efficiency of the solar panels. You will most commonly find this blue coating on polycrystalline panels.Black solar panels, which tend to be monocrystalline panels, are often more efficient. This is because black surfaces naturally absorb more light.

Are solar panels shatterproof?

A popular misconception of solar panels is that they are fragile and break easily. In fact, the photovoltaic module glass used in solar panels is commercial-grade tempered glass, making it durable and robust. It is more resistant to breakage than the standard glass in your home’s windows.However, solar panels can still crack in extreme weather conditions or if mishandled.

Read more: Our Methodology

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FAQs

What is the new solar panel technology in 2024? ›

Solar cells that combine traditional silicon with cutting-edge perovskites could push the efficiency of solar panels to new heights.

What is the best type of solar panel for a house? ›

Monocrystalline panels typically have the highest efficiency and power capacity. They can reach efficiencies of over 22% and provide over 300 watts (W) of power capacity. Many even exceed 400 W. Polycrystalline solar panels, on the other hand, rarely exceed 17% efficiency and tend to have lower wattages.

What is the solar market forecast for 2024? ›

While we expect about 38 GWdc of capacity installations in 2024, typical volumes will be in the 48-50 GWdc range from 2030 onward. While this industry is larger than it has ever been, annual growth over the next 10 years will average 4% compared to 25% for the prior decade.

What are the 4 types of solar panels? ›

There are 4 major types of solar panels available on the market today: monocrystalline, polycrystalline, PERC, and thin-film panels.

What is the most efficient solar panel in 2024? ›

Maxeon offers the highest efficiency solar panels of 2024, with maximum efficiency ratings of 22.8%. That's impressive!

What is the newest type of solar panel? ›

5 Latest Innovations in Photovoltaic Technology
  • Perovskite Solar Cells. Perovskite solar cells are a breakthrough innovation. ...
  • Transparent Solar Panels. Transparent solar panels represent a significant innovation, particularly for BIPV. ...
  • Floating Solar Farms. ...
  • Solar Skins. ...
  • AI-Optimized Energy Systems.
Jan 11, 2024

Which solar panel has the highest efficiency? ›

Monocrystalline solar panels are the most efficient, with 15% to 22% real-world efficiency ratings at a higher price range. Polycrystalline panels are more affordable but only provide 12% to 17% efficiency. Monocrystalline panels also have greater durability, lasting up to 40 years.

Who is the best company to buy solar panels from? ›

We recommend SunPower as our top pick overall. SunPower scores 4.8 out of 5 stars from our independent research and an A+ rating through the BBB. SunPower has 40 years of experience providing solar panels to homeowners—more than competitors.

What brand of solar panel is the most efficient? ›

SunPower, one of the better-known solar panel brands, offers the most efficient and most expensive solar panels for homes at 22.8% efficiency. Other brands like REC, Panasonic, Maxeon, Jinko Solar, and Q CELLS aren't too far off with above 22% efficiency.

Will solar become 35 cheaper by 2024? ›

Solar Will Become 35% Cheaper By 2024

When the sun shines onto a solar panel, energy from the sunlight is absorbed by the PV cells in the panel. This energy creates electrical charges that move in response to an internal electrical field in the cell, causing electricity to flow.

How much will solar cost in 2025? ›

By 2025, the global average cost of electricity from solar PV and onshore wind will be roughly 5 to 6 US cents per kilowatt hour.

Will solar be cheaper in the future? ›

While 2021 and 2022 saw higher solar panel costs due to rising material costs and supply chain issues, most experts predict solar will get cheaper.

What type of panels should I be looking for? ›

Types of solar panels
Panel typeProsCons
MonocrystallineHigh efficiency, high performanceVery expensive
PolycrystallineLess expensiveModerate efficiency
Thin-filmGood for solar farmsLow efficiency
Feb 5, 2024

How long do solar panels last? ›

The Life Span of Solar Panels

Manufacturers design solar panels to last for decades. According to the Solar Energy Industries Association (SEIA), solar panels last between 20 and 30 years. Some well-made panels may even last up to 40 years.

What are the 3 main types of solar systems? ›

The three types of solar power systems are grid tied, off grid, and hybrid. Each system offers a unique power generation and power storage experience.

What is the future solar system? ›

In about 5 billion years the Sun will balloon up into a red giant, consuming Mercury, probably Venus, and maybe even Earth. But even if the outer planets avoid being swallowed up, they might eventually get pulled in or ejected from the Solar System. A new discovery suggests they can survive intact.

What is the future of solar cell technology? ›

Some of the most promising developments in solar technology include the use of nanomaterials to increase the efficiency of solar cells, the development of transparent solar panels that can be integrated into windows and other building materials, and the use of artificial intelligence to optimize the performance of ...

Is solar panel technology changing? ›

Traditional silicon solar panels still dominate manufacturing. But leading solar manufacturers have signalled plans to commercialise the tandem cell technology . Such is the potential of tandem solar cells, they are poised to overtake the conventional technology in coming decades.

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