The terms tier 1 tier 2 and tier 3 are often heard with regard to solar panel manufacturers as a way of distinguishing the wheat from the chaff.
Tier 1 solar panels australia.
Each year solar review publishes the latest tier 1 solar panels list in a bid to assist end user education understand the term tier 1 was not created as a quality guideline.
It is simply an indication of the bankability of the manufacturer based on publicly released information on the financial health of the company.
There s no denying tier 1 is an excellent place to begin when selecting your brand of solar panel but not all tier 1 panels are made equal to start let s take a closer look at what truly makes a panel tier 1.
Top 10 solar panels local ranking.
Comprised of existing sources already made publicly available on the internet this latest tier 1 solar panels list 2020 is available in an easily indexable fashion for.
Bloomberg s infamous tier 1 ranking is not a measure of solar panel quality in any way.
Tier 1 what is it.
What are tier 1 solar panels.
In this 3 tier system the tier 1 list usually has around 35 companies.
We explain tier 1 panels in great detail here but we ll summarise the findings as the term often comes up in discussions of the best solar panels the tier 1 criteria consider the use of the modules in large scale projects over the recent two year period.
In australia sunpower lg rec qcells and winaico are generally regarded the best quality solar panel manufacturers offering the best service longest warranties highest efficiency and lowest degradation over the life of the panel.
It does not measure performance the tier 1 list is also not made available to household consumers so if a salesperson tells you they are.
When it comes to choosing the ideal solar panels the common fallacy that tier 1 means excellent quality is deceiving.
Here is a list of all tier 1 panels on the market in australia at the moment.
This should give you an idea if the company is a large well known manufacturer.
It started as a rating system to measure the credit worthiness of solar panel brands for the banking and other financial institutions.
Then over the years it has become a de facto marketing strategy for advertisements of solar installers in australia.
Latest tier 1 solar panels list 2020 as per last years release the bloomberg module tiering list 2019 is not published by bloomberg new energy finance online.
Tindo solar is the only australian manufacture and although supply is limited they are well regarded for producing high.
Installer feedback has been good but lack of an australian office is a concern.
Should you buy tier 1.
See full list of bloomberg.