Installing new solar panels is not cheap, so you might be looking for used ones. Nowadays, a ten kilowatt (kW) solar panel will set you back $20,350 after taxes. Not only this, but solar payback periods can give you hell, have a burdensome price tag and can last for nine to twelve years.
After reading all this, you might wonder if you are better off using solar panels. Well, it depends on a few things. Used products aren’t wrong, but you should know your way around them. If your budget is tight, then you should go for them.
Refurbished Solar Panels
Refurbished solar panels are your best option as they have been reconditioned to working conditions. They might cost a little more than used solar panels, but they are worth it and come with a warranty. You can gauge the performance of used solar panels as their output deteriorates by 0.5% every year.
Used Solar Panels
Any solar panel used previously by a business, utility company, or a person comes under this category. Even those solar panels that were brought but never installed are considered used. The only difference between used solar panels is their time of use and condition. You can easily find the right seller and a used solar panel in good condition.
Used or Refurbished Solar Panels?
You can either go for used or refurbished solar panels. To help you decide, we have compiled their pros and cons.
Refurbished solar panels cost more than used ones but 50%-70% less than new solar panels.
This is because they have been restored to an acceptable working state. On the other hand, used solar panels are a mix of heavily used and “like new” panels. Ultimately, it is your choice to understand all the workings of both types of panels and decide which one will work according to your budget.
Refurbished panels can perform like new ones but cannot outlast new panels in a lifetime. Used panels might have deteriorated performance in comparison to refurbished ones. You can take care of them to make them last longer.
Refurbished solar panels come with a refurbished warranty sometimes. The warranty might be shorter than a new solar panel’s warranty. Warranties can range from three months to nine years. Used solar panels have warranties that are transferable from the old owner to the new one. Used solar panels sold online or in a marketplace usually have no warranties.
Choose a reliable solar installer capable of handling such projects. Working on solar panels is tricky, so many installers do not want to install used solar panels. DIY installations are another hurdle if you want to do the installation yourself.
You must assess the risks and get a permit to install a panel. After this, a local inspector will visit and check if everything is working correctly. However, you need the correct knowledge for installing your solar panel.
Understand what you’re buying and research the best market rates. Don’t just go for offers because they look cheap and attractive. Go for quality solar panels that will last. Buy the ones that won’t make you regret your purchase later on.
If you are undecided on refurbished or used solar panels, go for refurbished ones because they might cost a little more, but they will help you in the long run. Investing in new solar panels is advisable if you’re going for a long-term solar commitment. They may not be cheap, but some upfront costs can be waived.