The demand for solar energy solutions in Pakistan has witnessed a sharp rise, driven by soaring electricity costs and growing interest in renewable energy.
As summer approaches, prices of solar panel plates have fluctuated in the local market, with industry experts anticipating further hikes in the coming months.
With solar power seen as a cost-effective alternative, residential, commercial, and agricultural consumers are increasingly turning to solar systems to reduce dependence on grid electricity.
Cost of 10kW Solar Panel System
A 10kW solar system is sufficient to power essential household appliances, including air conditioners, refrigerators, washing machines, ceiling fans, lights, and water pumps.
The cost of solar panels varies depending on the brand and quality available in the market. Currently, the average price per watt stands at Rs32, meaning a complete 10kW solar panel setup would cost around Rs320,000.
However, this estimate only covers the solar panels, and buyers must purchase inverters, wiring, and other accessories separately to complete the installation.
Industry experts believe that demand for solar panels is likely to rise further in the summer months, which could impact pricing trends. Given the increasing focus on alternative energy solutions, many consumers are opting to install solar systems to mitigate the effects of frequent power outages and rising utility bills.
