Massive drop in prices of solar panels

Massive drop in prices of solar panels
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Massive drop in prices of solar panels.

The prices of solar panels across the country crashed as a significant reduction was recorded on Friday, reported The Asian Mirror.

According to report, the cost of five to 15 kilowatt system has been reduced by up to Rs300,000.

Also read: How to increase efficiency of solar panels

The price of 5 kilowatts system has been set at Rs650,000 in the market while price of a 7 kilowatt system has been set at Rs725,000.

Massive drop in prices of solar panels

Moreover, for a 10 kilowatt system, the price has dropped to Rs950,000 while price of Rs1.1 million has been fixed for a 12 kilowatt system.

For a 15 kilowatt system, the price was fixed at Rs1.25 million.

Also read: Solar panel prices dropped in Pakistan; check new prices

The above prices are specified for on-grid system and batteries for hybrid systems will cost extra.

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