Double the voltage, half the current and quarter the losses. You can't beat series connection though 5 panels is an 'awkward' number of panels.
Assuming 1/. that the panels are nom. 12v the Voc will be approx. 22v. and 2/. DC battery voltage is nom. 12v then 5 panels will give a theoretical 110v DC so theoretically 10% over voltage for the Victron 100/50. If these are older degraded panels then may be a bit down on Voc but is it worth risking a $400 solar reg ? With panels and battery (load) permanently connected (no fuses/no switching), Voc will probably never happen but IMO not worth the risk so why not a Victron 150/35 which costs the same as the 100/50 ?
Aah ha I hear you cry :), what about the DC side of things 5X95 = 480 watts or 40 amps @ 12v but realistically 35.5 A @13.5v so a theoretical < 1.5% over nominal max current. I could live with that. In practice this will seldom if ever happen especially with older 'less than optimal' panels even if perfectly aligned. I'm yet to see a panel that can actually deliver max stated current but, again theoretically, given a typical Melb western suburbs clear, cold winter morning it's theoretically possible. Quality solar regs like the Victron don't come with a built in suicide pact, if they're running too hot they'll just move the MPPT point to reduce the load/heat and live happily ever after.
IMO you're better off to go with the Victron 150/35 in this example as it wont be 'spiked' with excess voltage and is well capable of handling a theoretical 1.5% (or greater) overload.
Deano :)

