The prices of solar panels have dropped significantly, providing relief to consumers looking to invest in renewable energy. This reduction applies to systems ranging from 5 to 15 kilowatts.
The cost of a 5-kilowatt solar system has now been lowered to Rs650,000, while a 7-kilowatt system is priced at Rs725,000. For those requiring larger setups, a 10-kilowatt system is now available for Rs950,000, and a 12-kilowatt system can be purchased for Rs1.1 million.
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The price of a 15-kilowatt system has seen the largest decrease, now being offered at Rs1.25 million.
These rates apply to on-grid systems, which are connected to the main electricity grid. However, those opting for hybrid systems that store energy in batteries will face additional costs for the batteries.