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Tag: solar panel price in pakistan 2024

Solar Panel Prices Are Going To Be Very Affordable In Pakistan

Solar panel prices reduced by 3 lakh rupees in Pakistan

Good news for the people of Pakistan who are fed up with the increase in electricity prices, the prices of solar panels has been reduced by Rs 3 lakh. Check the new prices.

The prices of solar panel ranging from 5 to 15 KW have been reduced by a total of Rs 3 lakh across Pakistan.

After solar, the price of battery in Pakistan also reduced

5kw solar system price in Pakistan

According to the report, the market price of 5kW solar system has now reduced to Rs 650,000 in Pakistan.

7KW solar system price in Pakistan

The cost of a 7kW solar system has come down to Rs 725,000.

10KW solar system price in Pakistan

Similarly, the cost of a 10KW setup has increased to Rs 950,000.

12KW solar system price in Pakistan

Further, the 12 kW system now costs Rs 1.1 million.

15KW solar system price in Pakistan

And the cost of a 15KW solar system has been fixed at Rs 1.25 million.

It should be noted that these prices apply exclusively to grid systems, which are designed to be connected to the national grid. However, those who opt for hybrid systems and the ability to store energy using batteries will have to bear the additional cost of the batteries.

Solar Panel Prices Are Going To Be Very Affordable In Pakistan

Solar panel price in Pakistan fell due to strengthening of rupee

Solar Panel Price In Pakistan

The solar panel price in Pakistan have seen a drastic reduction. These provide an attractive opportunity for those looking to transition to solar energy. A significant reduction in prices is spread across all grades of solar panels, offering a timely solution to consumers. which are vulnerable to record high electricity rates and prolonged power outages.

The price correction can be attributed to the recent appreciation of the local currency against the US dollar, creating a favorable market scenario for solar energy enthusiasts.

160 watt solar panel price in Pakistan

The 160 watt solar panel price in Pakistan has come down significantly from Rs 4,000 to Rs 4,500, which now costs around Rs 11,000, down from Rs 15,000 earlier.

Declining solar panel prices have boosted sales of large solar panels in particular. Consumers can now get solar panels in the range of Rs 35,000 to Rs 45,000. Which is a significant reduction from the previously expensive prices of around Rs 70,000.

Solar Panel Prices Are Going To Be Very Affordable In Pakistan

This development opens up new possibilities for adopting renewable energy solutions for a wider segment of the population.

Solar energy systems are gaining popularity as a renewable energy source in Pakistan. The change also helps reduce the country’s dependence on imported fossil fuels, aligning with global efforts to mitigate climate change and reduce carbon footprints associated with electricity generation.

Solar Panel Prices Are Going To Be Very Affordable In Pakistan

Solar Panel Prices In Pakistan Have Declined As The PKR Strengthened

Solar Panel Prices In Pakistan

Due to the depreciation of the US dollar against the rupee, the Solar Panel Prices in Pakistan have also decreased significantly. The price of solar panel also reduced from Rs. 15,000 to Rs. 5,000.

Watt Previous Rate (Rs) Current Rate (Rs)
165 Watt 16,200 10,800
260 Watt 30,000 26,000
550 Watt 48,400 33,000

In the past two years, the country has imported a staggering $3.6 billion worth of solar panels, according to the Pakistan Solar Association. The drop in solar panel prices was mainly due to the government’s decision to remove all taxes on solar imports in February this year.

Solar Panel Prices Are Going To Be Very Affordable In Pakistan

The policy change led to a significant drop in solar panel price, from Rs. 135 per watt to Rs. 70 per watt. Despite the apparent depreciation of the dollar, many markets are still offering solar panels at low prices.

165 Watt Solar Panel Price

165 Watt Solar Panel Price reduced by Rs. 5,400. Earlier the price was Rs. 16,200, after the price reduction it has been reduced to Rs. 10,800 in Pakistan.

260 Watt Solar Panel Price

260 Watt Solar Panel Price reduced by Rs. 4,000. Earlier the price was Rs. 30,000, after the price reduction it has been reduced to Rs. 26,000 in Pakistan.

550 Watt Solar Panel Price

550 Watt Solar Panel Price reduced by Rs. 15,400. Earlier the price was Rs. 40,400, after the price reduction it has been reduced to Rs. 33,000 in Pakistan.