In a promising turn of events, Pakistanis seeking a sustainable energy alternative can now seize the opportunity to embrace solar power, thanks to a significant dip in prices for imported modules.
The continuous decline in the cost of solar plates across all grades comes as a welcome relief for individuals grappling with inflation, particularly at a time when electricity tariffs are reaching unprecedented highs, accompanied by the looming threat of prolonged power outages. This favorable shift in pricing is attributed to the strengthening of the local currency against the US dollar.
As the prices continue to plummet, the demand for solar panels is on the rise. Notably, the 160W solar panel has witnessed a remarkable reduction, now available at a price ranging from Rs11,000, marking a substantial decrease from its previous cost of Rs15,000.
For those eyeing larger solar panels, the market now offers options in the range of Rs 35,000 to Rs 45,000, a stark contrast to the inflated price tag of Rs70,000.
Solar Panel Prices in Pakistan:
- 165 Watt Solar Panel: Rs11,000
- 260 Watt Solar Panel: Rs25,000-Rs30,000
- 550 Watt Solar Panel: Rs35,000-Rs45,000
As solar power systems gain popularity for their role as a renewable energy source, they not only contribute minimally to greenhouse gas emissions but also aid in mitigating climate change and reducing the carbon footprint associated with conventional electricity production.
Beyond the cost benefits, solar energy offers an advantage with lower operational and maintenance costs compared to traditional energy sources. This shift is prompting individuals to reduce their reliance on imported fossil fuels, aligning with a broader global trend towards sustainability.
The Pakistani government has actively undertaken numerous solar projects and initiatives to harness the country’s solar potential. Pakistan’s geographical location, characterized by abundant sunlight throughout the year, provides favorable conditions for effective solar power generation.