LG Solar Panels: What Happened + Alternatives (November 2024)

Following LG's announcement of exiting the solar business in June 2022, many in the industry were left wondering why LG decided to abandon solar panel production after years of research and development.

In response, LG released this statement: “The decision comes as uncertainties in the global solar panel business continue to increase due to a variety of contributing factors, including the intensification of price competition and the rising cost of raw materials,”

One contributing factor to LG's decision was the performance of its solar panel assembly facility in Alabama, which began manufacturing panels in 2019 but was never able to reach its full capacity. Then in 2020, COVID-19 pandemic limited production, and supply chain issues weakened output in 2021.

LG's decision to stop making solar panels reflects the challenges that solar panel manufacturers are facing in a rapidly changing industry. However, the company remains committed to the renewable energy industry and plans to leverage its renewable energy expertise to create value for its customers.

LG's shift in focus towards energy products like its popular LG RESU energy storage system is expected to help the company maintain a strong presence in the energy industry and provide customers with reliable energy management solutions.

An LG solar panel's price was around £400 per panel on average in the UK. However, the price varied depending on the panel type and wattage. Among their product lines, the LG NeON range was the most popular for its remarkably high efficiency and stability.

If you're curious about how much these top-performing LG NeON solar panels cost in the market (excluding installation), we've got you covered. Check out the average market prices for the most sought-after LG NeON models below.

While LG solar panels certainly offered an excellent price for their value, that doesn't mean other manufacturers don't have similar offers, or even better in some cases! The key to finding the best solar panels in the UK is to compare quotes from multiple suppliers. Reliable suppliers will be able to offer their best quotes on highly valued solar panels.

We've partnered with a network of trustworthy solar panel installers and suppliers that we've vetted so that you don't have to. With our help and our network, we make getting and comparing multiple quotes as easy as filling in a short form. In return, you get up to 3 quotes all for free and without any obligations.

Ready to find your best solar panels deal for those sunny days? Just click the button below.

LG is a well-known name in the solar panel industry, and one of the reasons for its reputation is its commitment to quality. LG solar panels in the UK are guaranteed to last 25 years, thanks to high-quality materials and manufacturing.

What sets LG apart from its competitors is its long guarantee for high-performing solar panels. The company's confidence in the delivery of quality means that homeowners can be reassured by the 25-year product, labour, and performance warranty if the solar panel installations are done by LG solar panel installers in the UK.

This warranty covers any defect in materials or workmanship and any decline in power output of the solar panel as it is guaranteed to work to 88.4% of its day-one capacity even after 25 years.

And if you currently have a solar panel from LG that's under the LG warranty, you don't need to worry about LG's recent exit from the solar business. LG will continue to honour the limited warranty for each product, and it will support customers for the upcoming years.

Since LG's decision to stop producing solar panels in June 2022, suppliers are unable to restock their inventory. As a result, it may be difficult to find LG solar panels in the market since suppliers will only be able to sell their existing stock until it runs out. 

If you are specifically looking for LG solar panels, you may need to consider alternative options or wait for new products from other solar manufacturers. In the next section, we'll talk about some of the best alternatives for LG panels.

Since LG announced its decision to discontinue its solar panel manufacturing business in 2022, many UK homeowners have been left wondering where to turn to still reap the benefits of solar panels.

Fortunately, there are many other solar panel manufacturers on the market that offer comparable quality or even better performance than LG. In this section, we will explore the best alternatives to LG solar panels and provide a brief overview of their features and benefits.

The Project Solar Evolution Elite 400 offers a good price point while balancing a decent energy output, efficiency and warranty. 

SunPower is a leading solar panel manufacturer that offers a comprehensive panel portfolio to ensure maximum flexibility in meeting all of your energy needs. Coming in at a high of 21.2%, SunPower has some of the most efficient solar panels on the market without breaking the budget.

By choosing Panasonic solar panels and battery storage, you can generate and store clean power for years to come. The Panasonic HIT N 300W comes in a small size that makes it highly suitable for homes with limited space but still want to be renewable.

At the forefront of the solar energy industry, REC Group (Renewable Energy Corporation) is a global company that pioneers clean, sustainable power solutions to empower consumers and create a greener future. The Alpha Pure Series of solar panels have award-winning Twin design splits that not only make their solar panels more visually appealing but also ensure more reliability. These are deemed to be one of the best black solar panels in the UK.

Trina is known for their innovation in the solar industry and has broken 25 world records on solar cell efficiency and power of their solar modules. Their Vertex S+ 425W in particular is known for its high power output at a valued price point.

If you're in the market for alternative LG solar panels but can't decide, don't worry. As you've seen, there are plenty of alternative options available from top manufacturers like Project Solar, SunPower, Panasonic, REC, and Trina. It doesn't have to be a difficult decision. The key is comparing quotes from them so that you can make an informed decision.

Comparing quotes gives you the freedom to determine what's the best deal for your home. So rather than spending hours calling installers and asking for quotes, all you need to do is spend one minute filling out our simple form. Then you'll be on your way to receiving up to 3 free, no-obligation quotes from trustworthy installers in your area.

Just click the button below to take the first step towards powering your home with clean energy!