Solar Panel Prices Increased: November 2024 Update
The prices of the solar system in Pakistan have gone up to a significant height in November 2024, and these increased prices are affecting the consumers who are investing in renewable energy solutions.
Read More: Latest market rates of solar panels today
New Solar System Prices November Updates
In recent times, media reports claimed that the companies in the market have increased the price for the on-grid solar system and extra charges for batteries, which are anticipated by those opting for hybrid systems.
New Price for Solar Systems from 5 kW to 15 kW; New Solar System Prices
- 5 kW Solar System: Rs750,000 – up by Rs100,000
- 7 kW Solar System: Rs850,000 – up by Rs150,000
- 10 kW Solar System: Rs1,150,000 – up by Rs200,000
- 12 kW Solar System: Rs1,250,000- up by Rs150,000
- 15 kW Solar System: Rs1,400,000- up by Rs150,000
Other Factors: Solar Panel Prices Increased: November 2024 Update
Other factors driving the rise in price include inflationary pressures, strong demand in renewable energy resources, and rising global costs of solar equipment.
Strong pressure for sustainable energy resources may increase the upfront costs to consumers for these systems.
Hybrid systems further added costs of batteries; hence installation becomes expensive.
The increased solar system prices in Pakistan reflect the dynamics of the renewable energy sector.
Perhaps the installation of solar systems could be better made with options on financing arrangements, which will then facilitate consultation on a solution specifically tailored for them, which is suited for their pocket and budget.
Solar Panel Prices Increased: November 2024 Update
Note: The information above might not be accepted 100%. Please verify from your own sources. We will not be responsible for any kind of loss due to our content.
For more news, please visit Munafa Marketing.
