On Friday, the prices for solar panels across the country dropped significantly, especially for systems between 5 and 15 kilowatts. Discounts have reached up to Rs.300,000.
In September, the price for a 5 kW solar system has fallen to 0.65 million, and a 7 kW system is now priced at 0.75 million. Larger systems have also become cheaper, with a 10 kW system costing around 1 million.
Keep in mind that prices may differ depending on the location, with cities like Lahore and Karachi having different rates compared to other areas.
These prices are for on-grid solar systems, which connect to the national electricity grid. If you want a hybrid system with battery storage, you will need to pay extra for the batteries.
Solar panels use sunlight, a renewable and sustainable energy source. Installing a solar power system has several advantages, such as:
– Lower electricity bills
– Increased property value
– Reliable electricity supply during outages
– Reduced greenhouse gas emissions
