Solar panel price in Pakistan|January 2024
The considerable decline in the cost of the best solar panels is causing major disruption in Pakistan’s solar energy business. Pakistanis now have a great opportunity to switch to solar energy thanks to this development, especially because the nation is dealing with rising electricity costs and the possibility of protracted power outages. The strengthening of the local currency is the reason for this decrease in the solar panels price .
Sales of solar panels have significantly increased as a result of the price reduction. Significantly, a 160W solar panel was formerly priced at nearly Rs15,000; this is now only Rs4,500, a significant reduction from the prior price of about Rs15,000.
Larger solar panel alternatives are currently available on the market for between Rs35,000 and Rs45,000, which is a huge decrease from the previous high of Rs70,000. Particularly in these hard economic times, this price change makes solar energy a more feasible and accessible option for many in Pakistan.
Solar panel prices in Pakistan
| Watt | Price range |
|---|---|
| 165 Watt Solar Panel | Rs11,000 |
| 260 Watt Solar Panel | Rs25,000-Rs30000 |
| 550 Watt Solar Panel | Rs35000-45000 |
As a renewable energy source, solar power systems are growing in popularity. It contributes to reducing the environmental impact connected with the production of power and reducing climate change because it produces less greenhouse emissions.
In the meantime, people are reducing their reliance on imported oil and gas, and the operating and maintenance costs are minimal when compared to conventional energy sources.
To harvest solar energy, the Pakistani government has also been putting various solar projects and programs into action. Because of its geographic location, which receives plenty of sunlight all year round, the nation has ideal circumstances for the production of solar power.
As a renewable energy source, solar power systems are growing in popularity. It contributes to reducing the carbon footprint connected with the production of power and mitigating climate change because it produces less greenhouse emissions.
In the meantime, people are reducing their reliance on imported fossil fuels and the operating and maintenance costs are minimal when compared to conventional energy sources.
In an effort to harvest solar energy, the Pakistani government has also been putting various solar projects and programs into action. Because of its geographic location, which receives plenty of sunlight all year round, the nation has ideal circumstances for the production of solar power.
Regards: Pakistan Observer