Following the reduction in solar panel prices, battery prices in the country have also witnessed a significant drop, providing relief to consumers after prices of solar panels dropped.
Media reports indicate a slight decrease in the prices of UPS and vehicle batteries compared to the previous year.
Traders have noted a decline in UPS battery prices, with the cost dropping from Rs 38,000 to around Rs 33,000. Similarly, the price of a 110-volt battery, commonly used for powering two fans and lights, has decreased from Rs 23,000 to Rs 20,000.
However, despite these reductions, some individuals are still constrained by purchasing power, opting for older batteries due to lingering affordability concerns.
While some traders attribute the stable prices over the last six months to fluctuations in the dollar rate, others assert that prices have not increased during this period.
Nonetheless, batteries are available at lower prices in various locations, with sellers adjusting prices to stimulate sales amidst sluggish demand.
However, other traders have stated that the prices have been stable for the last six months, thanks to the fluctuations in the dollar rate. Despite this, batteries are available at lower prices in many places, with sellers dropping prices to encourage sales.
