Big drop in Solar Rates across Pakistan; September Price Update

LAHORE – If you are looking to shift to Solar power to cut massive electricity bills, it could be your chance to avail significant discount as compared to previous months, with price cut by around by up to Rs2.5-3lac.

Considerable reductions in solar price ranging from 5-15kw are being considered, amid the abundance of supply in local markets.

As mid September, 5KW solar system price moved down to 0.65 million, while you can get 7KW system at 0.75 million. Larger systems also saw big cut, with 10KW system now costing around 1 million.

These reductions in prices vary from market to market, as prices in Lahore and Karachi are different as compared to other cities.0

For the unversed, the prices are for on-grid systems, which connect to the national grid. Those opting for hybrid systems with battery storage will face additional costs for the batteries. The fresh cut in solar panel costs is said to boost solar acceptance in the country as prices of utility bills are touching the roof despite drop.

Easy Guide to Buy Solar System in Pakistan

Steps	Details
Assess your Energy Needs	Review monthly electricity consumption (kWh). Calculate peak load. Consider future expansion.
Decide on Type of System	On-Grid: Connected to the national grid; no backup. Off-Grid: Independent; requires batteries. Hybrid: Combines on-grid and off-grid; backup power.
System Size	Small (1-3 kW): Basic home needs. Medium (5-10 kW): Larger homes/small businesses. Large (10-20 kW and above): Commercial/industrial use.
Components	Solar Panels: Monocrystalline (efficient, expensive) or Polycrystalline (less efficient, cheaper). Inverter: Converts DC to AC power. Batteries: Lead-Acid (lower cost, shorter lifespan) or Lithium-Ion (more expensive, longer lifespan). Charge Controllers: MPPT (efficient) or PWM. Mounting Structures: Durable and corrosion-resistant.
Budget Check	Installation Costs: Included in quotes. Operation & Maintenance: Minimal, periodic cleaning.
Pick a reliable provider	Choose reputable brands and certified installers. Check for warranties and after-sales service.
Financial Incentives	Net Metering: Sell excess electricity to the grid. Government Incentives: Check for subsidies or tax rebates.
Installation Process	– Site Survey: Evaluate installation space. – Quotation: Get multiple quotes. – Installation: Typically 1-3 days. – Net Metering Application: Required for on-grid/hybrid systems.
Maintenance & Monitoring	– Cleaning Panels: Every 3-6 months. – Inverter & Battery Checks: Regular monitoring. – Monitoring Apps: Track performance in real-time.