SunPower Corporation is an American energy company that specializes in the design, manufacturing, and distribution of solar panels, inverters, and other energy storage solutions. Founded in 1985, the company has over three decades of experience in the industry, making it a leading manufacturer of high-quality solar panels. In this article, we will take a closer look at the history of SunPower Corporation, its products, and the cost of its solar panels.
History of SunPower Corporation
SunPower Corporation was founded in 1985 by Dr. Richard Swanson, a solar pioneer and the inventor of the Point Contact Solar Cell. Initially, the company focused on developing high-efficiency solar cells for space applications, but later expanded to provide solar solutions for residential, commercial, and utility-scale projects.
In 1999, SunPower was acquired by Cypress Semiconductor Corporation, which allowed the company to expand its product offerings and accelerate its growth. The company went public in 2005, and in 2011, Total S.A., a French multinational energy company, acquired a controlling stake in SunPower Corporation.
Today, SunPower Corporation has a global presence, with operations in North and South America, Europe, Africa, and Asia. The company has received numerous awards for its innovative and sustainable solar solutions, and its solar panels have been used in some of the world’s largest solar power plants.
Products Offered by SunPower Corporation
SunPower Corporation offers a wide range of solar panels, inverters, and energy storage solutions for residential, commercial, and utility-scale applications. The company’s products are known for their high efficiency, reliability, and durability, making them a popular choice among customers looking for long-lasting and efficient solar solutions.
Residential Solar Panels: SunPower offers a range of residential solar panels, including the Maxeon® and Performance® panels. The Maxeon® panels are known for their high efficiency, with some models offering up to 22.7% efficiency. The Performance® panels, on the other hand, offer a balance between efficiency and affordability, making them a popular choice for homeowners.
Inverters: SunPower offers a range of inverters that are designed to work seamlessly with its solar panels. The company’s inverters are known for their high efficiency, reliability, and ease of use, making them a popular choice for customers looking for a complete solar solution.
SunPower Cost Guide
The cost of SunPower’s solar panels varies depending on several factors, including the size of the system, the type of panel, and the location of the installation. In general, SunPower’s solar panels are considered to be among the more expensive options on the market, due in part to their high efficiency and durability.
According to EnergySage, a solar marketplace that provides cost estimates for solar installations, the average cost of a SunPower solar panel system is $3.36 per watt. This is higher than the national average of $2.70 per watt for solar panel installations.
However, it is important to note that the cost of SunPower solar panels will vary based on your location, roof type and size, as well as other factors.
When shopping for solar power systems from SunPower, you can expect to pay an average of $2.70 per watt for a home system. This cost may vary depending on how much power you need and other factors such as local installation costs and any incentives or rebates offered by your state or utility company. For example, in California the average price is typically lower due to the availability of some Solar Tax Incentives (STI) credits.
The cost also includes hardware like panels, inverters, mounting equipment and other necessary components; however labor charges are not included in this estimate.
Sunpower is a smart choice when wanting to get the most out of your space. For more information: https://costguide.com/solar-panels-cost-guide-and-comparison/