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Top 5 Best Cheap Solar Panels (2023 Affordable Solar System Guide)
Here’s what we’ll cover in this guide:
- What are the best affordable solar panels?
- Are cheap solar panels worth it?
- How to get cheap solar panels
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Are Cheap Solar Panels the Best Option for Your Home?
Solar technology is improving each year, which has helped to drive down the cost of going solar. However, there is a still a decent range in price between the cheapest solar panels and the most expensive options.
Whether you’re a homeowner who’s trying to work within a fixed budget or you’re a frugal shopper who appreciates a great value, low-cost solar panels may very well be the best option for your home.
Below, we’ve listed the best affordable solar panels that are on the market today. Continue reading for more details about each of these, as well as what you should know before purchasing one.
- Renogy 100W 12 Volt Solar Panel
- LONGi #LR6-60-HPB-350M
- Canadian Solar Model #CS1H-315MS
- Silfab Solar – SIL-330 NL
- LONGi #LR4-60-HPH-360M
SunPower
Best National Provider
Nationwide Service
Average cost
Pros
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
Cons
- Expensive
- Customer service varies by local dealer
SunPower designs and installs industry-leading residential solar and storage solutions across all 50 states. With a storied history of innovation dating back to 1985, no other company on this list can match SunPower’s experience and expertise.
SunPower earns its position as the top national installer on our list for a handful of reasons: It installs the most efficient solar technology on the residential market, offers the most expansive service area and backs its installations with a warranty well above the industry standard. All the while, SunPower pioneers sustainability efforts within the industry.
If that weren’t enough, SunPower systems come packaged with products all manufactured in-house by its sister company, Maxeon. This means that your panels, solar cells, inverters, battery and EV chargers are designed to work together and are all covered under the same warranty.
SunPower’s biggest downside? Its high-efficiency panels are considerably more expensive than most of its competitors’ products. However, its powerful panels are workhorses that make up for the initial cost with more backend production (think about this like spending more money for a car that gets more miles per gallon).
Facts and Figures: SunPower
| EcoWatch Rating |
|---|
| Better Business Bureau (BBB) Rating |
| Year Founded |
| Average Cost ($-$$$$$) |
| Solar Services |
| Brands of Solar Equipment Offered |
| Warranty Coverage |
| 5 |
| A+ |
| 1985 |
| $$$$ |
| Solar Panels, Solar Batteries, EV Chargers, System Monitoring |
| SunPower Panels |
| 25-year all-inclusive warranty |
Blue Raven Solar
Best Solar Financing
Regional Service
Average cost
Pros
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
Cons
- Doesn't offer solar batteries (coming 2022)
We like Blue Raven Solar because it understands that, for most homeowners, the cost of solar presents the biggest barrier to entry.
For that reason, Blue Raven Solar developed an innovative solar financing plan that offers in-house, flexible, zero-money-down options. The results speak for themselves, as Blue Raven Solar is now one of the fastest-growing solar companies in the nation and was recently acquired by SunPower. Its BluePower Plus+ plan (exclusive to Blue Raven) mimics the flexible structure of a lease while still providing the greatest benefits of owning your system.
Eligible homeowners enjoy 18 months of solar power before having to pay their first bill. When coupled with the federal solar investment tax credit (ITC), the initial energy savings can offset more than a third of the overall cost of a system before requiring a dollar down.
In contrast, other installers can only offer similar financing through solar leases, PPAs or third-party providers (such as Mosaic or Sunlight). Third-party loan providers can complicate the process, while opting for a loan or PPA will disqualify you from some of solar’s biggest benefits (additional property value, federal solar tax credit and local solar incentives).
Facts and Figures: Blue Raven Solar
| EcoWatch Rating |
|---|
| Better Business Bureau (BBB) Rating |
| Year Founded |
| Average Cost ($-$$$$$) |
| Solar Services |
| Brands of Solar Equipment Offered |
| Warranty Coverage |
| 4.5 |
| A+ |
| 2014 |
| $$ |
| Solar Panels, System Monitoring |
| Trina Solar, Canadian Solar, SolarEdge, Silfab, SunPower |
| 25-year manufacturer warranty; 10-year workmanship warranty, 2-year production guarantee |
ADT Solar
Best Warranty Coverage
Regional Service
Average cost
Pros
- Industry-leading warranty coverage
- Expansive service area
Cons
- Some reported communication issues
- No leases or PPAs
ADT Solar sets the industry standard for warranty coverage by including a multifaceted guarantee, making it one of the top installers for homeowners who want added peace of mind.
Its warranty coverage includes all of the following for 25 years:
- Power Production Guarantee: Also known as a performance guarantee, this ensures your solar system will produce the amount of electricity that’s outlined in your proposal, or ADT will write you a check for the difference.
- Labor Guarantee: This covers any issues with the installation of your system and is also known as a workmanship warranty.
- Panel Module Performance Guarantee: This is what ADT Solar refers to the manufacturer warranty as, and it ensures that any manufacturing defects are repaired or your ineffective panels replaced.
- Enphase Microinverters Guarantee: This backs the performance of your inverters.
Though in recent years other solar companies have started to offer similar guarantees, ADT Solar has been at it since 2008, performing over 30,000 installations across the country.
Facts and Figures: ADT Solar
| EcoWatch Rating |
|---|
| Better Business Bureau (BBB) Rating |
| Year Founded |
| Average Cost ($-$$$$$) |
| Solar Services |
| Brands of Solar Equipment Offered |
| Warranty Coverage |
| 4 |
| A- |
| 2008 |
| $$$ |
| Solar Panels, Solar Batteries, EV Chargers, Energy-Efficiency Upgrades |
| Silfab, Panasonic and others depending on location |
| 25-year all-inclusive warranty |
What Are the Top 5 Cheap Solar Panels?
Below are the five of the cheapest photovoltaic solar panels (that are rated at least 100W) on the market. Bear in mind that the current industry minimum for solar panels capable of powering a home is around 300W.
Panels between 100W and 300W may be suitable for DIY solar projects, off-grid systems and charging things like portable generators or small appliances. Note that prices and availability fluctuate with inventory, demand and supply chain issues. Prices change often when vendors have surplus supply, so sales are frequent.
Customers will not be able to purchase some brands’ panels directly, as they must be ordered from a distributor.
| Cheap Solar Panel | Price Per Panel | Power Rating | Price Per Watt | Efficiency Rating | Warranty |
| Renogy 100W 12 Volt Solar Panel | $125 | 100W | $1.25 | 21% | 1-year materials warranty |
| LONGi #LR6-60-HPB-350M | $225 | 350W | $0.60 | 20.3% | Limited 25-year warranty |
| Canadian Solar Model #CS1H-315MS | $225 | 315W | $0.71 | 18.68% | 25-year output warranty |
| Silfab Solar – SIL-330 NL | $250 | 330W | $0.76 | 17.3% | 12 year module warranty |
| LONGi #LR4-60-HPH-360M | $260 | 360W | $0.72 | 19.8% | 25-year output warranty |
To get an accurate idea of what panels are best for your home, connect with one of our preferred partners below.
Cheap Vs. Affordable Solar Panels
There’s a key distinction between cheap solar panels and the most affordable solar panels. Cheap considers only the price tag. Affordability involves factors beyond initial price, such as price per watt (aka bang for your buck), efficiency of the panel and warranty.
A cheap solar panel isn’t worth anything if it breaks without a warranty to replace it. The cost of a solar panel is set by the manufacturer and involves a variety of factors, from cost of production to expected lifetime. Let’s break down the factors that go into solar panel costs.
Solar Panel Efficiency
The greater a panel’s efficiency, the more energy each solar cell’s power output will be. Efficiency matters, as a homeowner will have to buy far fewer panels to meet their energy needs with higher-efficiency panels. The most solar efficient panels usually cost more to manufacture, raising their price point and total installed cost.
Solar Panel Power
The power, or wattage, of a solar panel reflects how many watts (W) of energy the panel is capable of generating when producing at maximum capacity. Most modern residential solar panels have power factors between 300 and 350W.
As is true with high-efficiency panels, a customer needs to purchase fewer panels overall if they have a higher power output. While they’ll typically have a greater upfront cost, high-output panels will provide better value over time.
Solar Panel Warranty
A warranty is simple to understand, yet no less important to consider. Bearing in mind that the average lifetime of a solar panel system is about 25 years, warranties are essential in ensuring reliable energy output. Though solar panels are very durable, a lot can happen over 25 years.
Falling tree branches can crack a panel, rooftop critters can chew up wiring and untreated water damage can corrode a system. Some of the cheapest panels will come with the worst warranties, and costs can add up quickly if a solar power system runs into trouble.
Solar Panel Quality
Similar to solar panel efficiency and power, the cost of a solar panel has much to do with its quality. The cheapest solar panels on the market will be of the poorest quality, making them far more prone to breaks, issues and quick aging. The higher the quality of the parts in a solar panel, the more expensive it becomes. However, this is just another time when “cheap” panels are far from the most affordable solar panels in the long run.
5 Best Value Solar Panels
With all this in mind, below are our recommendations for the most affordable home solar panels on the market in 2022.
| Most Affordable Solar Panel | Price Per Panel | Power Rating | Price Per Watt | Efficiency Rating | Warranty |
| LONGi #LR6-60-HPB-350M | $225 | 350W | $0.60 | 20.3% | Limited 25-year warranty |
| Hanwha Q Cell 340W Q.PEAK DUO | $240 | 340W | $0.70 | 19% | 25-year warranty |
| Canadian Solar Model #CS1H-315MS | $225 | 315W | $0.71 | 18.68% | 25-year output warranty |
| LONGi #LR4-60-HPH-360M | $260 | 360W | $0.72 | 19.8% | 25-year output warranty |
| JA Solar Technology JAM60S10 -340/MR | $240 | 330 | $0.73 | 20.2% | 25-year output warranty |
LONGi and Q Cell solar panels are two of the most affordable solar brands that maintain reputations for good quality at a low price. As you can see, they both provide exceptional price per watt and efficiency without sacrificing warranty. A solar installation with low price per watt and high efficiency provides a number of benefits for a solar customer.
With more power and efficiency per panel, a homeowner won’t need to purchase as many panels to meet their household energy needs.
To get an accurate idea of what panels are best for your home, connect with one of our preferred partners below.
Are Cheap Solar Panels Worth It?
The cheapest panels are typically manufactured in China (with the U.S. and Germany close behind), and some are cheap for a reason. They can come with underlying issues, most concerningly in the form of environmental and workers rights violations in their production process.
Cheap solar panels also tend to be less durable and will likely come with a shorter lifespan. In fact, the cheapest upfront options sometimes end up to be the most expensive in the long run. A good comparison is buying a car. Though the cheap initial cost of a beater may be the most tempting, frequent repairs, poor gas mileage and checkups can outweigh the initial savings within a few short years.
However, for those whose most important consideration is price, there are still some good options for cheap solar panels on the market today to turn your home into a renewable energy source.
FAQ: Cheap Solar Panels
Polycrystalline solar panels tend to be cheaper (and lower quality) than monocrystalline panels. You can read more about the difference between these types of panels in our monocrystalline vs. polycrystalline solar panel review.
The cheapest way to acquire solar panels is to purchase them through a distributor in bulk. Though one can save a significant amount of money purchasing and installing solar panels on their own, solar companies can access a wider range of products and get them for lower prices than what’s available to the general public.
There are many excellent affordable options for solar panels due to the rapid advancement of the technology and industry behind them. There are also a great number of cheap panels that are unreliable, break easily and are likely produced unethically. The best solar panels balance quality and price.
For DIY installations of off-grid uses, Renogy produces and sells excellent solar panels that are around 100 watts. For residential applications, LONGi and Q Cell have the best reputation for affordable, high-quality solar panels.
Comparing authorized solar partners
Average cost
Pros
Cons
BBB Rating
Year founded
Service Area
Brands of Solar Equipment Offered
Warranty Coverage
-
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
A+Best National Provider1985SunPower Panels25-year all-inclusive warranty
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