Which Solar Panels Are The Best? Driva's Guide

If you are considering making the switch to home solar power, it's important to know a bit about each of the different types of solar panels available.

Solar panels can be divided into 2 basic categories: monocrystalline and polycrystalline. Monocrystalline panels are the most efficient, converting sunlight into electricity at a rate of up to 22%, while polycrystalline panels are slightly less efficient but more affordable.

In this blog, we'll examine the pros and cons of each type of solar panel to help you determine which one is right for your home. We'll also rate the top-performing brands in each category, so you can make the most informed decision.

But first, let's start with a brief overview of the major differences between monocrystalline and polycrystalline solar panels.

Monocrystalline Solar Panels

Monocrystalline solar panels are made from high-purity silicon crystals, which makes them highly efficient and allows them to capture more sunlight. Because they require less space per watt, they are often the most expensive type of panel. They tend to last longer and produce more power than other types, making them an excellent choice for households with higher energy needs that want a solar system that will last for many years.

Polycrystalline Solar Panels

Polycrystalline solar panels are made from multiple silicon crystals. They are less efficient than monocrystalline panels but more affordable. This makes them a great option for households with lower energy needs that want to save money while still investing in renewable energy.

What are the pros and cons of each type of solar panel?

Monocrystalline Solar Panels


- Generally more efficient than other types, resulting in higher electricity output.

- Longer lifespan (up to 40 years)

- Low maintenance requirement


- More expensive than other types of panels due to the more complex manufacturing process

- Not as flexible in terms of installation as other types of solar panels

Polycrystalline Solar Panels


- Lower cost than monocrystalline solar panels due to a less complex manufacturing process

- More flexible when it comes to installation since they are not limited by the number of cells


- Generally less efficient than monocrystalline solar panels, resulting in lower electricity output.

- Shorter lifespan (up to 25 years) compared to monocrystalline solar panels

Calculate your car loan repayments

Loan amount:



    Loan term (years)





    Interest rate


    Comparison rate

    We match your unique profile to the best rates from across 30+ lenders.

    Which is the best solar panel type?

    The best type of solar panel depends on your budget and needs. Monocrystalline panels offer the highest efficiency, but they also come with a higher price tag. If you’re looking for a more budget-friendly option, polycrystalline or thin film panels may be a better choice. However, keep in mind that these types of panels have lower efficiency ratings and shorter lifespans.

    A number of factors need to be weighed up when deciding which type of solar panel is best for you. Consider your budget, energy needs, the amount of space available and the solar panel efficiency rating before making your final decision. It’s also important to consult with a qualified professional to ensure that you get the right type of solar panel for your specific situation.

    While the upfront costs associated with solar power can be quite high, the long-term savings can be substantial. Solar energy is a clean and renewable source of energy that helps reduce your carbon footprint while saving on electricity costs. With the right type of solar panel, you can enjoy years of clean, free electricity for your home or business.

    What are the top 3 solar panels in Australia?

    Let’s take a look at some offerings from the leading solar panel manufacturers: 

    1. Winaico WST-400MGX-P3 Full Black (best monocrystalline panel)

    Looking for the best monocrystalline panels available in Australia? Look no further than the Winaico WST-400MGX-P3 Full Black. With an efficiency of 20.44%, these panels not only pack a powerful punch, but they are also downright beautiful. Plus, you can rest easy knowing that these panels come with a 25 Year Product and Performance Warranty. The Winaico WST-400MGX-P3 Full Black is backed by Winaico's award-winning solar cell technology that allows these highly efficient solar panels to perform in weak light. Hail resistant and individually tested for hot-spot protection and low series resistance, there is no better monocrystalline panel on the market.

    2. Kyocera KK270P-3CD8CG (best polycrystalline panel)

    If you're looking for a reliable and high-quality solar panel for your home, the Kyocera KK270P-3CD8CG may be just what you need. This solar panel is one of the best polycrystalline panels available in Australia, thanks to its impressive 16.4 percent efficiency range and 270 Watts of power per panel. Not only is this panel aesthetically pleasing, but it also features anti-reflective glass, making it even more efficient. And when it comes to maintenance, this panel is easy to keep in top condition. Kyocera, a leading provider of PV products, has over four decades of experience in developing innovative and reliable solar solutions. With this trusted brand, you can be sure that your system will be running smoothly and providing clean energy for years to come.

    3. REC Alpha Pure-R

    These panels are designed to pack in cutting-edge technologies that deliver higher power density, stunning aesthetics, and minimal environmental impact all while maintaining REC's renowned quality. One of the features that set these solar cells apart is their increased number of wires, which improves the flow of electricity. With stylish black coloring and sleek design, they will look great on your roof. These panels are perfect for those who are looking to maximise the efficiency of their solar panel system. With REC, you can expect a long service life with high performance and dependability year after year.

    Final thoughts

    Switching to solar power can seem like a daunting prospect as there are so many variables to consider. Do you need solar batteries or a grid-tied system? What kind of maintenance is required for solar panels? Can you install them yourself or do you need a professional?

    However, now that you have a better understanding of the different types and solar panel brands available, you can begin to make an informed decision. Soon, you’ll be able to take advantage of the many benefits solar energy has to offer.

    But before you start purchasing solar panels, you have to work out a solar energy installation budget. Start by determining your energy needs, then research pricing for solar panels and accessories in your area. And when you are thinking about the upfront cost of buying and installing solar panels, don't forget to factor in the long-term savings you will make in your energy bills over time! At Driva, we have innovated the solar loan space to make funding your solar energy installation easy and hassle-free. Simply create your personal profile and sit back as we connect you with the best financing options available.

    With Driva, you can be sure that you will get the best financing options available so that you can start enjoying the power and savings of solar energy straight away!

    Frequently asked questions

    Which type solar panel has the highest efficiency?

    Monocrystalline solar panels generally have the highest efficiency ratings, but polycrystalline panels are a close second and often come at a lower cost. Both types of panels are reliable, and the right one for you will depend on your budget and energy needs.

    Who makes the best solar panels in Australia?

    All Tindo solar panels are designed and manufactured in Australia from the highest quality materials. Tindo solar panels are renowned for their quality and reliability, providing top-of-the-line performance in all types of climates.

    How long do solar panels last?

    Solar panels typically have a lifespan of 25-30 years, depending on the quality and type.

    Philana Kwan

    Philana Kwan is the marketing coordinator at Driva she has a demonstrated history in customer service excellence and is knowledgeable in all things car and finance related. When she’s not working Philana enjoys learning new things and keeping up with the latest trends in marketing and technology.

    Find your best car loan in 60 secondsUse our free loan matching tool to assess your options.Start Now
    Recent Posts

    We search far and wide for your best rate, so you don’t have to!

    Start Now
    Find your perfect loan match in 60 seconds
    Get your FREE quote