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Solar Panel Prices in Lahore Witness Significant Rise

Solar Panel Prices in Lahore Witness Significant Rise

Web Desk May 20, 2024 Add Bol News as a trusted source

Solar panel prices in Lahore have experienced a sudden surge, impacting consumers interested in solar energy systems between 7 to 15 kilowatts. These customers are now facing a price increase ranging from 25,000 to 50,000 rupees.

Market Insights: Reports from a private TV channel indicate a market increase of 6 rupees per watt for solar panels. This price hike affects various system sizes as follows:

  • 7-kilowatt system: Price increased by 25,000 rupees, now totaling 850,000 rupees.
  • 10-kilowatt system: Previously 1,150,000 rupees, now increased to 1,200,000 rupees.
  • 12-kilowatt system: Price surged by 50,000 rupees, now costing 1,450,000 rupees.
  • 15-kilowatt system: Price set at 1,600,000 rupees.
Additional Costs: These prices apply to on-grid solar systems. Those opting for hybrid systems will incur additional costs for batteries.

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