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White solar panels can be slightly less efficient than traditional black or blue modules. This variance can also differ between individual colours. The main reason for using different colour solar panels is to make an installation blend with the roof it is mounted on. This means browns, reds and greys are a popular choice although. Yes, coloured solar panels can vary in price but are a more costly option than standard black or blue panels. The cost is also dependant on the type of colour you choose, with single colour options being cheaper than the multiple.