After solar, the price of battery in Pakistan also reduced
After solar panels, price of battery in Pakistan have also reduced by thousands of rupees by May 2024.
According to the media report, not only the prices of UPS but also vehicle batteries have decreased slightly compared to last year. According to traders, the price of UPS batteries has come down compared to last year.
The price of UPS battery was Rs 38,000 earlier, now the same battery costs around Rs 33,000. He further informed that similarly 110 volt battery which is used for 2 fans and lights was available for 23,000 rupees earlier now it has come down to 20,000 rupees.
Solar panel price in Pakistan fell due to strengthening of rupee
But still people have no purchasing power due to which they are forced to buy old batteries. Because prices have not gone down as much as they have gone up.
On the other hand, some traders say that the prices have been stable for the last 6 months. Because the price of batteries depends on the fluctuations in the value of the dollar. However, there has been no increase in the prices of batteries in the last 6 months, nor has there been any decrease in the prices.
However, he said batteries are available at low prices in many places simply because vendors drop prices to sell the goods if they don’t sell.