04 Sep What is Tier 1 & why is it important?
What’s the deal with Tier 1 and why is it such an important factor to consider? You see, with the solar panel market booming in the UK, it can be a real challenge to choose a manufacturer among the sea of brands out there.
One way to find top-notch solar PV panels is to look for the prestigious Bloomberg Tier 1 accreditation. Curious to know what Tier 1 means in the solar industry and why it matters when making a purchase? Keep reading.
Let’s start with the basics. When we say, “Tier 1,” we’re not talking about panel quality or efficiency. Instead, it’s all about the financial stability and market presence of the manufacturer. Banks have confidence in these companies, which is why they’re classified as Tier 1. Tier 1 solar panels are often more reliable, come with better warranty support, and can provide that extra peace of mind.
So, how do they earn this coveted Tier 1 status? Well, there are a few key factors at play. First, Tier 1 companies have a solid financial track record and the backing of established banks. They’ve got the capital to bring you warranty support.
Additionally, these manufacturers have tight control over the entire production process. From sourcing materials to manufacturing and assembling the panels, they’ve got it covered. That means better quality control and fewer supply chain risks.
Oh, and let’s not forget about their production capabilities. Tier 1 manufacturers can churn out solar panels in large quantities to meet the strong market demand. As well as these solar panels being renowned for performance. Thanks to their rigorous quality control measures during manufacturing, they offer enhanced reliability and efficiency. That means more energy generation for you and a better return on your investment.
Some Tier 1 companies such as Recom UK offer a 25-year warranty to keep your investment safe and sound. With that kind of guarantee, you can enjoy long-lasting, robust energy generation that contributes to a sustainable future.
So, when you’re on the lookout for solar panels, keep an eye out for those Tier 1 superstars. They’ve got the winning combination of quality, performance, and warranty support.