I started looking at fine details of panel warranties especially when I saw mention of CanadianSolar only giving fraction of dollar amount for a panel that died shortly after installation. When looking at CanadianSolar BiHiKu warranty doc there was some interesting points:
You get no warranty if:
And if you do have valid claim the options they can give you are:
1. repair the Products
2. replace the Products with new products whose labeled power wattages equal to or exceed the Warranted Wattages of replaced Products (the Warranted Wattages is defined as the labeled power wattages of the Products minus the permissible accumulated degradation)
3. provide a refund of the fair market value of the Products assessed based on the Warranted Wattages at the time of claim.
It's option 3 where they get you and can say the fair market value is way below what you actually paid for it.
Just an interesting issue I came across when researching panels. I'm going to look at others to see how they compare.
You get no warranty if:
- You installed on something non-stationary
- You move the panel from it's original installed location
- If the label on the panel is no longer legible or missing
And if you do have valid claim the options they can give you are:
1. repair the Products
2. replace the Products with new products whose labeled power wattages equal to or exceed the Warranted Wattages of replaced Products (the Warranted Wattages is defined as the labeled power wattages of the Products minus the permissible accumulated degradation)
3. provide a refund of the fair market value of the Products assessed based on the Warranted Wattages at the time of claim.
It's option 3 where they get you and can say the fair market value is way below what you actually paid for it.
Just an interesting issue I came across when researching panels. I'm going to look at others to see how they compare.