Technical FAQs 4

Who makes Tier 1 solar panels?

BNEF is a top research company that studies clean energy, digital technology and global markets. Tier 1 solar manufacturers are long-standing companies with a proven track record of producing dependable photovoltaic (PV) equipment. What makes Tier 1 solar panels special? Tier 1 doesn’t mean the panels are the highest in quality.

How much do Tier 1 solar panels cost?

Tier 1 solar panels are usually more expensive than other options. Expect to pay between $300 and $900 per panel. Tier 1 solar panels are generally recommended for residential solar energy systems. There is no official ranking system for types of solar panels. Instead, the term Tier 1 is an industry shorthand created by BloombergNEF (BNEF).

What are Tier 2 solar panels?

‘Tier 2 solar panels’ is a term that’s used to describe all solar panels that are not Tier 1. BloombergNEF only created criteria used to identify Tier 1 solar companies. As such, there are no official lists of Tier 2 or Tier 3 solar companies.

What are the best solar panel brands?

However, many in the solar industry found Tier 1 lists to be a great way to identify good solar panel brands. In fact, all the best brands of solar panels are either Tier 1 manufacturers right now, or have been classified as Tier 1 in the past. Some examples of Tier 1 manufacturers are Maxeon (formerly SunPower), Qcells, and Canadian Solar.

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