Unfortunately, there is no one-size-fits-all answer to this question. Instead, you must do your homework and compare multiple efficiency and pricing variables to determine which solar panels would best for your location and budget.
What types of solar panels are available in Ontario?
We’ve compiled a quick guide to different types, models, and prices available in Ontario as of April 2024:
Monocrystalline solar panels are highly efficient, with a sleek design. Because they are a single continuous crystal structure, they are more space-efficient and effective in converting sunlight into electricity. Monocrystalline panels typically have a longer lifespan and better performance in low-light conditions compared to other types. Some of the most popular solar panels brands in Ontario include Longi, Heliene, Hanwha, Trinasolar. They typically range between $.57 to $.72 cents per Watt (as of April 2024).
Polycrystalline solar panels are more cost-effective and easier to manufacture than monocrystalline panels. While they are slightly less energy-efficient than monocrystalline panels, they still offer a good balance of performance and affordability, making them a popular choice for residential solar installations in Ontario. Solar installers may offer Canadian Solar, GMA Solar, Jinko polycrystalline solar modules for as low as $.40 to $.55 cents per Watt (when buying wholesale).
Bifacial solar panels can generate electricity from both sides, capturing sunlight reflected off surfaces like the ground or nearby structures. This dual-sided absorption can increase energy production by 10% to 30%, depending on the installation environment. Bifacial panels are especially effective in snowy or highly reflective environments, and are typically more expensive in the range of $.82 to $.97 cents per Watt.
Thin-film solar panels are lightweight, flexible and easy to install on various surfaces, making them suitable for applications where traditional rigid panels may not be feasible. They have a lower energy conversion efficiency than crystalline panels, but can be cost-effective for large-scale projects with limited space.
Perovskite solar panels are a promising emerging technology known for their high efficiency potential and low production costs. They are typically more affordable to produce than traditional silicon-based panels, giving them the potential to further increase solar energy efficiency in the future.
High-wattage solar panels can generate more power per square foot, maximizing energy output in residential and commercial installations with less roof space. High-wattage panels can increase your overall energy yield and system performance.
Your choice also depends on factors such as efficiency requirements, budget considerations and conditions at the installation site. If you are looking for the best solar panels for your residential or commercial PV project, please give us a call at (905) 617-6527 or fill out a quick request for quotes form here. We’d be happy to help!
