LG Solar has recently announced an increase in the Product Defect warranty on the Neon2 range up to 25 years, from 15 years previously.
This is now 15 years longer than the industry standard of 10 years.
The 25 year Performance Warranty stays at 98% in 1st year, with Annual Degradation 0.5%, meaning that after 25 years the guaranteed solar generation is at 86% of new, compared to 80.7% industry standard.
In Australia LG has so far distributed close to 750,000 panels and the warranty returns have been very very small.
The Performance Warranty s , The new warranty improvements apply to : the modules produced from 01.Oct.2017 (Serial No. : 710Kxxxxxxxx~)
LG believes this announcement will serve to reduce the misuse of of the 25 year Performance Warranty to mislead customers into believing they have a proper, valuable 25 Product Warranty. In LG’s case now the choice is clear – there is one strong warranty – 25 Years Product and Performance warranty.
Given LGs size and strength compared to many competitors, this latest improvement gives solar customers Australia-wide a clear choice between LG and the rest.
Please also note LG Solar again won the Top Brand Award for 2018, after winning it also in 2016 and 2017, for being the panel trusted by most installers as offering a quality outcome for the end customer.