Defined term
Photovoltaic degradation rate
Photovoltaic degradation rate describes the change in a system or module performance metric over time under a stated method and period.
Also known as PV annual degradation
measurement · Concept code GS-CONCEPT-043 · Last verified August 20, 2026
Definition and boundaries
Definition
Photovoltaic degradation rate describes the change in a system or module performance metric over time under a stated method and period.
Definition claim verification: Verified August 20, 2026
In plain language
When comparing Photovoltaic degradation rate, keep the unit, time period, measurement boundary, and underlying assumptions the same on both sides.
What it is not
It is not a guaranteed annual production decline for every system and it is not the same as a warranty limit.
Decision context
Why it matters
Separate initial stabilization, long-term trend, weather normalization, equipment replacement, outages, and measurement uncertainty before using a rate in a financial model.
Decision-context claim verification: Verified August 20, 2026
Information boundary
This page provides general educational context, not a site design, production guarantee, utility determination, contract interpretation, legal opinion, tax conclusion, or individualized financial advice. Verify property, equipment, utility, jurisdiction, program, and agreement details before acting.
Concept relationships
Affects
- Annual solar productionPublished conceptPhotovoltaic degradation rate can affect how Annual solar production is evaluated
- Payback periodPublished conceptPhotovoltaic degradation rate can affect how Payback period is evaluated
Primary sources
- National Renewable Energy Laboratory: Photovoltaic Degradation Risk
Revision NREL/CP-5200-53712 · April 2012 · Source event as of April 1, 2012 · Ontology accessed August 20, 2026 · Ontology verified August 20, 2026
- National Renewable Energy Laboratory: Availability and Performance Loss Factors for U.S. PV Fleet Systems
Revision NREL/TP-5K00-88769 · February 2024 · Source event as of February 1, 2024 · Ontology accessed August 20, 2026 · Ontology verified August 20, 2026
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