Who are the top solar leasing companies in the country, and how do they differ in structure and business model? This article aims to answer these questions, examining some of the biggest solar lease providers in the US – SolarCity, Vivint Solar, Sunrun, SunPower and Clean Power Finance.
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Where are solar panels made and should you care?
One of the things you may have questions about as you shop around for a solar system is where the solar panels are manufactured. This article will help you determine whether a panel’s country of manufacture should be a key consideration for you.
Note: If you are looking for information on the 30% tariff levied on solar panels by the Trump Administration, read our complete analysis here.
Does it matter where solar panel companies are based and where they make the panels?
When it comes to quality, the mention of any country’s name will evoke an association; each nation has its own brand image, which may or may not be justified. You as a smart solar shopper, however, will want to look at the facts in order to make a more well-informed decision. Our recommendation is to judge each panel by its own merits.
What if the country of manufacture is important to me?
This doesn’t mean that country of origin is never important, of course: everyone has their own preferences. For example, many Americans would prefer solar panels made in the USA to ones that are imported, whether for patriotic reasons or because they trust the ‘American-made’ brand for quality.
American-made vs imported panel costs
American-made solar panels generally cost from $0.50 to $0.80 per watt (W) – about $0.10 to $0.30 more per watt than imported panels. The highest quality, ‘premium’ American panels may even come in around $1.00/W.
For a typical 6kW system, an additional $0.30/W translates into about $1,800, a reasonable amount to pay if the ‘Made in America’ stamp is important to you. Also keep in mind that some states may offer rebates for locally-made panels that can offset some or all of the additional cost.
Check out our list of U.S. solar panel manufacturers for more information about companies that make solar panels in America.
Manufacturing location vs headquarters location
If ‘country brand’ is important to you, be aware that the location of a company’s headquarters is not always the same as its factories. (For example, SunPower is a premium American brand that has manufacturing plants in both the US and the Philippines.) All else being equal, knowing that a company’s head office is relatively close or in a familiar country could help you make a decision.
Where do the top solar companies manufacture panels?
Below, EnergySage has compiled a list of the leading solar panel companies active in the US market based on the most recently available data in 2018. The table is broken down by each company’s market share, headquarters location, manufacturing facility locations and overall quality ranking.
The key takeaways from the table below are that: 1) no single country dominates the market (although the US and China do appear most frequently), and 2) there is little to no correlation between country of manufacture and the company’s quality ranking.
Exhibit: List of solar panel makers in the US by residential market share and country of manufacture*
Solar Panel Manufacturers | Approx. U.S. Market Share* | Company Headquarters |
---|---|---|
1SolTech | < 1% | U.S. |
Aleo | 2% | Germany |
Axitec | < 1% | U.S. |
Canadian Solar | 6% | Canada |
Centrosolar | < 1% | Germany |
Conergy | < 1% | Germany |
Eoplly | < 1% | U.S. |
ET Solar | 2% | China |
Hanwha Q CELLS | 1% | South Korea |
Hyundai | < 1% | Korea |
Itek | < 1% | U.S. |
KYOCERA Solar | 2% | Japan |
LG | 6% | Korea |
Lightway | < 1% | China |
MAGE Solar | < 1% | Germany |
Perlight Solar (Zebra Energy) | < 1% | U.S. |
Phono Solar | 1% | China |
REC Solar | 8% | U.S. |
ReneSola | 4% | China |
Sharp Solar | 4% | Japan |
SolarWorld | 4% | Germany |
SunEdison/MEMC | 0.50% | U.S. |
Suniva | 2% | U.S |
SunPower | 17% | U.S |
Suntech | 2% | China |
Trina Solar | 17% | China |
Winaico | <1% | China |
Yingli Solar | 17% | China |
For any homeowner in the early stage of shopping for solar that would just like a ballpark estimate for an installation, try our Solar Calculator that offers up front cost and long term savings estimates based on your location and roof type. For those looking to get quotes from local contractors today, check out our quote comparison platform.
* 2015 Data, Residential Solar Installations, Source: GTM / SEIA
Solar news: September 21st, 2018
In this week’s Solar News Roundup, SunPower’s premium solar panels are excluded from the Section 201 solar tariffs, and a new floating solar farm goes live in California.
Continue readingSolar power companies in the U.S.: which should you choose?
One of the most important decisions you make when installing solar is which company will provide and install your panels. There are a few large solar players who are always mentioned in conversations about solar panel companies and your options for installation. In this article, we’ll take a look at some of these big players and if you should consider working with them for your home solar project.
Continue readingSolar news: April 20th, 2018
In this week’s Solar News Roundup, SunPower acquires SolarWorld Americas, and Apple announces that their global facilities are 100% powered by clean, renewable energy.
Continue readingSunPower dealers: list of SunPower-certified solar installers for home & business
If you’ve been doing your solar research, you probably already know that some of the most efficient panels on the market come from SunPower, a panel manufacturer out of California. SunPower is noteworthy not just for their exceptional efficiency, but also for their aesthetics and excellent warranty offering (bumper-to-bumper for 25 years for both product and performance). SunPower is one of the brands that homeowners request most frequently when comparing offers from solar installers on the EnergySage Solar Marketplace and it has hundreds of dealers across the world.
Continue readingWhat are the top SunPower solar panels for sale in 2018?
SunPower makes some of the most popular solar panels for sale in the U.S. in 2017, and for good reason: their products are some of the most efficient panels in the industry, they come with an industry-leading warranty, and many of their panels have a sleek, low-profile look.
Want to get SunPower solar panels for sale near you? Homeowners across the country receive SunPower offers from solar installers in their area on a daily basis on the EnergySage Solar Marketplace, a solar shopping and quote comparison platform.
Continue readingAre Chinese solar panels good quality?
When homeowners are considering solar offers on the EnergySage Solar Marketplace, we often hear questions about a solar panel’s manufacturer origin and whether it’s a good idea to choose Chinese panels for an installation. This is a common question as the latest estimates indicate that China is manufacturing roughly 70% of the world’s solar panels today – a dominant market share and a clear indicator of China’s key role in the global solar industry. China has a significant impact over worldwide solar trends like pricing, warranties and manufacturing practices. For example, the 80% decline in worldwide solar prices between 2008 and 2013 occurred largely due to improvements in manufacturing costs in China. And because China is such a major player in solar, many U.S. homeowners are asking “should I choose Chinese solar panels and will it match the quality of other top brands?” In this article we’ll break down pricing, quality and brand influence of Chinese solar panels.
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