Solar panel prices witness significant reduction
Solar panel prices witness significant reduction
Solar panel prices witness significant reduction
ISLAMABAD: (Web Desk) Due to uncertainty in Pakistan’s solar energy sector and the impact of possible changes in government policy, the prices of solar panels are witnessing a significant decline.

A reduction of up to 25% in solar panel prices has been recorded in Sindh.

According to media reports, the price of a Grade-A 585-watt solar panel, which was previously Rs22,000, has now dropped to just Rs16,500.

The new development serves as an opportunity of an investment opportunity for those interested in alternative energy sources.

According to the experts, under the government’s proposed new policy, prices may drop even further in the coming days, which could encourage more people to shift toward solar energy.

Given the rising cost of electricity and persistent load-shedding issues, the demand for solar systems is already on the rise.

Following the recent price drop, there has been a noticeable increase in public interest, with many individuals now looking to install solar solutions for residential or commercial use at a lower cost.