The prices of solar panels have seen a substantial decline across Pakistan, offering a more affordable option for those looking to shift to renewable energy. This price drop is expected to boost the adoption of solar energy systems throughout the country.
It has been reported that the price of solar systems ranging from 5 to 15 kilowatts has decreased by up to Rs300,000, making solar power a more accessible energy solution.
For example, the 5-kilowatt system is now available for Rs650,000, while the 7-kilowatt system is priced at Rs725,000. The 10-kilowatt system has dropped to Rs950,000, and a 12-kilowatt system is available for Rs1.1 million. The largest on-grid option, the 15-kilowatt system, is now priced at Rs1.25 million.
It is important to note that these prices are specified for on-grid solar systems, which are connected directly to the power grid. For customers interested in hybrid systems, which include battery storage, there will be additional costs for the batteries required.
This decrease in prices is expected to encourage more homeowners and businesses to invest in solar energy, contributing to a greener future and reducing reliance on conventional power sources.
