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SunPower Telling Investors
Are you tired of paying substantial electricity bills month after month? Going solar is your best choice for big cost savings, and now, thanks to SunPower, it is cheaper and much easier than ever before.
This is what you are about to find out:
- What is SunPower
- The advantages and disadvantages of SunPower and going solar
- Where to buy
- Evaluations from actual clients
Let’s begin…
About
Invest
Pros
Cons
VerdictSunPower is an American energy business founded by Richard Swanson & Richard Crane in 1985. It began as EOS Electric Power. In 1988 it was renamed SunPower. In 1990 the business received moneying to start producing solar batteries. In 1992 began shipping them to consumers.
What Is SunPower?
SunPower is understood to design, manufacture, and deliver a vast array of high-performance solar electric systems throughout the USA, for residential and business functions.
It is also worthwhile to mention that NASA also has actually used SunPower’s cutting edge cell technology for their area programs.
Solar That’s Tough Enough for NASA is difficult Enough for Your Roof
But NASA is not the only one who has actually trusted SunPower products. Solar Impulse 2, a zero-fuel plane, set a world record for becoming the very first solar airplane to fly all over the world, likewise uses SunPower solar cells.
There are lots of case studies out there using SunPower products, from homeowners, industries, and schools, saving millions $$ in the process of going solar.
SunPower has actually recently decided to convert its manufacturing division into a brand-new company called Maxeon Solar, while SunPower will focus exclusively on the customer and service side, installing solar panels.
The department began with a $298 million investment by SunPower’s partner and the world’s leading provider of silicon wafers, Tianjin Zhonghuan Semiconductor Co. (TZS).
Why The Creation Of Maxeon Solar?
The goal is to enhance the core operations of the two companies without mixing them. “This transaction will also simplify both organizational structures, reducing costs, while improving efficiency and creating more agile businesses,” SunPower CEO Tom Werner stated during a November 11 conference call.
Maxeon Solar will take on production and technological development, offering SunPower the capability to focus exclusively on expanding its market share against its rivals, such as Canadian Solar.
Fixing The Problem Of Solar Energy Consumption
SunPower is engaged in the production and sale of photovoltaic panels, and they offer a vast array of product selections.
Photovoltaic panel are alternative sources of energy. They are comprised of solar batteries that transform sunlight (and not just light) into electrical energy.
A total set consisting of solar panels, batteries, controllers, and inverters is called a Solar Power Plant. All this can be bought from the company.
Additionally, they offer a warranty for 25 years, unlike others who supply just 10 years. Also, when buying from them, they will bring and set up batteries and everything you require free of charge.
SunPower Telling Investors
Products That SunPower Offers
SunPower produces several products, all related to solar power, like solar panels, complete systems, solar cells, total roof-integrated planetary systems, and solar battery storage.
Let’s dig in …
SunPower Solar Panels
SunPower uses 4 series of photovoltaic panels. They are enhanced for different applications:
A-Series
Do you want to optimize your life time cost savings? Then SunPower A-Series panels is for you. A-Series delivers the most effective cell and greatest wattage panels you can put on your roofing system.
SunPower introduced the world’s very first 400-watt solar panel, which implies you can have more power than ever before in a little area with fewer panels on your roof.
A photovoltaic panel is only as good as the cells inside. The A-Series panels utilize SunPower® Maxeon® Gen 5 solar batteries, which are 65% larger than previous generations. This implies
X-Series
SunPower X-Series solar panels deliver 44% more power per panel, resulting more power in smaller spaces, with less panels. By doing this you can broaden energy production simply by using extra roofing space to include more panels later if you desire.
They also deliver the highest performance offered in a domestic photovoltaic panel today, at a record-breaking 22.8%.
That implies house owners get more electrical power, more versatility, more comfort, and lower electrical power bills.
E-Series
SunPower E-Series deliver 36% more power per panel than traditional panels. Simply put, they convert more sunlight into electrical energy
E-Series are constructed with Maxeon solar batteries, delivering up to 20% efficiency and comes in 327W, 320w, or 435w choices.
P-Series
SunPower P-Series are developed with an innovative shingled style solar cells that removes many of the dependability difficulties of conventional front contact panels.
P-Series panels offer 7% higher panel efficiency and up to 19 %more energy over the very first 25 years of operation.
However that is not all: SunPower Performance Series( P-Series) panels were called as a top performer in all those five dependability tests performed by DNV GL, the world’s biggest resource of independent energy specialists and certification body. Those tests include:
- Thermal cycling
- Damp heat
- Humidity-freeze
- Dynamic mechanical load
- Potential induced degradation
Benefits Of SunPower Solar Panels
There are numerous advantages of going solar by using SunPower products:
Experience
SunPower has actually remained in solar power organization for more than 35 years. The business was founded in 1985. Since then, SunPower has been refining solar panels for commercial and domestic market. In this industry and numerous others, there are plenty of companies that come and go.
Because the financial investment in solar panels is significant, you better trust on a company that has shown to be here for several years.
Performance
Among the most essential factors in capturing solar energy is the efficiency ranking of a panel. Not all photovoltaic panels are the same. A greater performance rating means fewer panels to capture the same quantity of energy.
SunPower uses an industry leading 22.8% performance rating, which is around 60-70% higher than the competitors.
Toughness
Solar panels are a considerable investment for both, homeowners and commercial businesses. So, they require to understand that they will last. SunPower panels outperformed competitors in dependability, energy production, deterioration rates, and shading impact.
SunPower panels are developed with durable covers to get rid of UV degradation, copper structures for added strength, and they provide a single 25-year warranty that covers the entire panel and all its elements.
Ecologically Safe
SunPower photovoltaic panels are eco-friendly. Anyone who is not indifferent to the health of the world, of course, will consider his task to buy safe energy sources. Many individuals stop at wind turbines, the issue with them is they emit special noises; solar panels are quiet.
Other individuals select any photovoltaic panels that are out there in the market. Nevertheless, the scenario here is similar to that of electric cars: the batteries are eco-friendly, however they utilize toxic hazardous compounds at the same time of their production of batteries, power plants, conductors, and so on. As a consequence, they wind up polluting the environment.
Sustainability
SunPower has long been the market leader in sustainability and uses a complete closed loop sustainability technique. Their viewpoint is to drive sustainable company practices at every stage of the item life cycle and beyond.
This strategy led the way for SunPower to end up being the winner of pv magazine’s very first annual sustainability award.
Warranty
SunPower provides an unprecedented 25 years total confidence guarantee. They cover everything on your Roof. They will fix, replace or repay defective parts, and you get the industry’s finest power warranty. Each part goes through weeks of aging, screening, and quality control before assembly and last inspection. After all, a much better product suggests a much better service warranty.
Keep in mind: with traditional solar, even a small problem can end up being a big headache, separate guarantees for each part (racking, panel, tracking, inverter), unforeseeable service charge (setup of replacement not included, shipping not consisted of), low power output, lots of documentation, numerous providers. It is enough to make your head spin.
Pros & Cons Of SunPower Solar Panels
Pros
- SunPower provides one service warranty that covers product quality, power production, and service for your whole system.
- Your panels will not lose more than 8% of their initial power output in 25 years.
- You have three different payment choices to pick from: solar leasing, acquiring with cash, and financing with a loan.
- SunPower has been on the cutting edge of solar innovation for more than 30 years. You can be positive that you will have the highest-quality solar items and high-efficiency panels.
- The SunPower X Series photovoltaic panels excel in terms of power generation, delivering 44 percent more energy per watt than competitive products.
- SunPower panels are incredibly attractive and aesthetically pleasing.
Cons
- Power Purchase Agreement (PPA) payment choice only available to commercial customers. Although the business’s solar lease choice is readily available at a flat rate.
- Some clients have offered negative feedback regarding SunPower’s customer support.
How Much Does SunPower Cost?
There isn’t a repaired expense for a solar power system. It depends upon the area, your house and your vehicle energy use
To have a concept, usually a SunPower solar power system cost between $3.20 and $4.50 per watt. A 6-kw SunPower system can cost approximately $30,000 or more before rewards.
For your convenience, SunPower provides three payment alternatives:
- Purchase. You own the energy and the system it produces. Acquiring your SunPower system directly can maximize your savings. With time, your system can pay for itself through your energy bill savings
- Loan. You own your solar system and spend for it with a loan. There are numerous loan payment terms available, consisting of optional complete prepayment without penalty.
- Lease. SunPower owns the system on your roof. You pay a month-to-month amount to” rent” the system and utilize the energy you produce.
Keep in mind: those values are simply estimated. For a detailed and more precise quote, click on this link to complete a simple 3-step form. A SunPower agent will contact you (this is not a contract and you do not have any responsibility.)
What SunPower Customers Are Saying?
Here you are some property owners that share why they picked SunPower and how going solar has actually changed their lives. You can find more evaluations on SunPower site
 May 25th, 2021 | Olney, MD After using SunPower, it reduced my electric bill. It was a great value. |
 May 24th, 2021 | Martinez, CA Not always clear cut about project. Difficult to find out about status or updates on project |
 May 24th, 2021 | Seabeck, WA Installers were great, the installed product is great and looks good on my roof. Not to mention it's generating lots of power. |
 May 24th, 2021 | Rancho Mirage, CA Work as explained to us. We haven’t received an electric bill yet, but from the app, they are producing power at or above expected. |
 June 2nd, 2021 | Key West, FL Easy to install, do a great job of converting solar into DC power and then into AC power. Everything is well engineered. |
 May 24th, 2021 | Austin, TX Very knowledgeable, professional, friendly and efficient. |
Conclusion
Buying photovoltaic panels is a wise decision. This financial investment resembles investing in energy performance procedures and to minimize heat loss in your house. Any appliance that takes in less energy instantly starts making you cash by saving energy.
The expense of additional insulation for your home starts to conserve you on cooling and heating immediately. By now, many already know that buying energy performance procedures is a brilliant financial investment.
Also, keep in mind that in addition to saving from installing solar panels, you are likewise adding to the battle versus pollution and global warming. This is because you decrease the energy consumption from traditional, ecologically filthy, fuel-fired power plants.
Solar panels increase the value of your home. And in some cases, they increase its attractiveness among buyers because even if the increase in the value of the house is less than the cost of a solar power plant on the roof of your house. It will be easier to sell such an “advanced” house.
Photovoltaic panel increase the value of your house. And in some cases, they increase its appearance amongst buyers due to the fact that even if the boost in the worth of your house is less than the cost of a solar power plant on the roofing of your house. It will be simpler to sell such an “advanced” house.
SunPower Telling Investors
