LAHORE – A local bank is offering an easy 12-month installment plan for a solar inverter amid its rising demand in Pakistan due to higher electricity prices.
Pakistani citizens are rapidly adopting solar energy as a sustainable solution due to higher electricity bills and power outages.
A typical solar setup in Pakistan includes solar panels, a charge controller, batteries (for off-grid systems), and most importantly, an inverter.
The inverter plays a crucial role by converting the direct current (DC) generated by solar panels into alternating current (AC), which is used to power homes and businesses.
Both on-grid and off-grid solar systems are gaining popularity, especially in urban and rural areas facing frequent load-shedding. Local and international brands like Inverex, Tesla, and Fronus provide reliable inverters tailored for Pakistan’s environment.
The benefits of installing a solar setup in Pakistan include reduced electricity bills, energy independence, minimal maintenance, and environmental protection.
Additionally, net metering allows users to sell excess electricity back to the grid, making solar energy not only eco-friendly but also economically rewarding.
2.5KW Inverter Installment Plan
The Bank Alfalah offers a 12-month installment for Inverex Veyron-II 2.5KW solar inverter, making it accessible to middle class.
Under the new scheme, customers can take the solar inverter home with as low as Rs8,417 per month installment for the period of one year. The total price of the inverter stands Rs101,000, according to the bank.
