10 Best Solar Companies of 2022 | SaveOnEnergy®

Top Solar Panel Companies 2022

home with solar panels on the roof

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The solar industry is a combination of many business sectors. From solar installers to dealers to solar panel manufacturers, navigating your solar energy journey can take time. When you are researching solar panels for your home, one place that’s good to start is with the solar panel company or manufacturer that you want. Based on our research, here’s our top 10 solar panel companies: 

  • Canadian Solar Inc. 
  • CertainTeed
  • First Solar Inc.
  • Hanwha
  • Jinko Solar
  • LG
  • Lumos
  • REC Solar
  • SunPower
  • Tesla

A solar company or manufacturer is the company that makes the solar panels. This company is usually different from the business that installs your panels. The company in charge of installation is typically referred to as a solar installer or a solar dealer. Keep in mind that solar installers usually have a specific manufacturer they work with, so when you are shopping around for installers, ask what manufacturer they use.

Best residential solar panel company

We looked at the 10 best solar panel companies and manufacturers (terms that we will use interchangeably here) in America and worldwide. These solar panel companies have a history in this industry space and are known for manufacturing residential, commercial, and utility-scale panels.

 

Manufacturer Manufactured in? Founded  Flagship product line
Canadian Solar Inc.  Canada, China 2001 HiHero
CertainTeed U.S.  1904 (started solar in 2008) Apollo
First Solar Inc.  Malaysia, U.S. 1999 Series 6
Hanwha China, Malaysia, South Korea, U.S. 1999  Q Cells
JinkoSolar Holding Co. China, Malaysia, U.S. 2006 Eagle
LG Solar South Korea, U.S. 1958 (started solar in 1985) NeON
Lumos Solar U.S. 2006 Module systems
REC Solar Holdings Norway; Singapore 1996 Alpha
SunPower Corp. France, Malaysia, Mexico, U.S. 1985 A-Series
Tesla U.S. 2003 Solar Roof

Are residential solar manufacturers different from business solar manufacturers?

Solar companies typically manufacture panels for commercial, residential, utility use. The difference in how these solar panels work is that commercial-use panels tend to be larger and more efficient. Due to the popularity of green energy, the solar panel industry is vast and continues to grow quickly. 

Again, one thing to look out for is the difference between solar manufacturers and solar installers or dealers. Solar installers and solar dealers are the companies that facilitate the sale and installation of residential panels. These companies are the link between the solar manufacturer and the homeowner. Solar dealers and installers may offer one brand of solar panel, or you may be able to choose between a few brands, so check with your solar installer to make sure. 

How to finance with your solar panel company

Regardless of which solar company you settle on, remember that financing options are available for your home solar system. We recommend owning versus renting your solar panels so that you can get the federal solar tax credit (also called the Solar Investment Tax Credit, or ITC).

However, if owning is not your preference, you can lease solar panels or have a power purchase agreement (PPA). Both of these options, while slightly different, will cost less upfront and require less maintenance from the homeowner.

Go solar today

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Best solar panel company if you are on a budget

If you’re on a budget, just know that super cheap solar panels are hard to come by. The average total cost of a home solar panel system is $15,000-$25,000. The overall price tag can be more for solar tiles or solar shingles. However, if you are on a budget, it’s best to strategize from the beginning to determine which solar manufacturers will fit in your price range. Here are the budget-friendly solar panel manufacturers that we recommend. 

Cheap solar panel companies

  • Canadian Solar
  • First Solar
  • Jinko Solar
  • LG 
  • REC

Best solar panel company if budget is not an issue

On the other hand, if price is no object, there are some state-of-the-art technologies you can get in the way of solar panel manufacturers. One of the most well-known high-end brands is Tesla, but other companies, such as Lumos or Hanwha, also offer a premier product. If you’re seeking solar shingles that are discreet and low profile, then these may be the solar manufacturers for you.

Premium solar panels companies

  • CertainTeed
  • Hanwha
  • Tesla

Best solar company in America

Are you looking to purchase products that are made in America? You’re not alone. The manufacturing origin is a topic of interest for many people who buy solar panels. The following solar companies manufacture solar panels in the United States, but components may still be manufactured outside of the U.S.

The following companies have U.S. manufacturing locations. The first three — CertainTeed, Lumos Solar, and Tesla — have all of their manufacturing plants in the states. The last five on the list have plants in the U.S. as well as internationally. 

Solar panel manufacturers in the U.S. 

  1. CertainTeed
  2. Lumos Solar
  3. Tesla
  4. First Solar
  5. Hanwha
  6. Jinko Solar
  7. LG Solar
  8. SunPower

Best solar panel companies FAQs

What is the best solar company in the country? Expand / Collapse Toggle

Based on our research, some of the best solar panels options currently available are from Hanwha, LG, Panasonic, REC, and SunPower.

What is the best solar company in my state? Expand / Collapse Toggle

The best solar manufacturers won’t change from state to state; however, availability may differ in your area. For example, the Tesla solar roof is not available everywhere. Check with your solar installer to learn your specific options.

How can I make sure I’m using the best solar manufacturer? Expand / Collapse Toggle

Research, research, research. When it comes to investing in solar, knowing your options and narrowing down what you want for your home is how to ensure you are getting the best solar company for your home. Your solar installer will also be able to help you decide what you need based on your home’s size and energy requirements.

Which solar company is the worst? Expand / Collapse Toggle

Luckily, the competition for quality solar is so tough that substandard solar manufacturers get weeded out naturally. In other words, a solar manufacturer that makes a poor product will not be in business for very long. The good news is that the solar companies on this list have historically made a quality product.