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Solar panel efficiency is a measure of the amount of solar energy irradiation which falls on a panel surface and is converted into electricity.

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Solar panel efficiency is a measure of how much sunlight that hits the surface area of a solar panel is converted into usable electricity. So if a solar panel has an efficiency rating of 15 that means 15 of the sunlight that hits the solar panels will be converted into electricity. Due to the many recent advances in solar cell technology over the last 5 years average panel conversion efficiency has increased from 15 to 20. The average efficiency of solar panels falls between the 17 to 19 percent efficiency range.

The highest efficiency solar panels on the market today can reach almost 23 percent efficiency. If a solar panel has 20 percent efficiency that means it s capable of converting 20 percent of the sunshine hitting it into electricity. Sunpower panels are known for being the most efficient solar panel brand available on the market. The most efficient solar panels on the market today have efficiency ratings as high as 22 8 whereas the majority of panels range from 15 to 17 efficiency rating.

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