The prices of solar panels in Lahore have seen a sudden spike. Consumers looking to invest in solar energy systems ranging from 7 to 15 kilowatts are now facing an increase of 25,000 to 50,000 rupees.
Market Insights:
According to reports from a private TV channel, the market has recorded an increase of 6 rupees per watt in the price of solar panels. This price hike is impacting various system sizes as follows:
- 7-kilowatt system: The price has increased by 25,000 rupees, bringing the new total to 850,000 rupees.
- 10-kilowatt system: Previously priced at 1,150,000 rupees, it has now risen to 1,200,000 rupees.
- 12-kilowatt system: This system’s price has surged by 50,000 rupees, now costing 1,450,000 rupees.
- 15-kilowatt system: The price has been set at 1,600,000 rupees.
Additional Costs:
It’s important to note that these prices are for on-grid solar systems. For those considering hybrid systems, additional costs for batteries will be incurred.
