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[pdf] Most home solar panels are between 21% and 22% efficient, but many manufacturers are achieving efficiencies of 23% and higher. . Solar panel efficiency is the amount of sunlight (solar irradiance) that falls on the surface of a solar panel and is converted into electricity. Due to the many advances in photovoltaic technology over the last decade, the average panel conversion efficiency has increased from 15% to over 24%. Improving this conversion efficiency is a key goal of research and helps make PV technologies cost-competitive with. . NLR maintains a chart of the highest confirmed conversion efficiencies for research cells for a range of photovoltaic technologies, plotted from 1976 to the present. Access our research-cell efficiency data.
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