Solar panel prices increase again after recent decrease

Solar panel prices increase again after recent decrease

Following a recent decrease in prices, solar panels have once again become expensive in Lahore.

According to details, the cost of 7 to 15 kilowatt solar systems has gone up by Rs 25,000 to Rs 50,000, with a rise of 6 rupees per kilowatt in the market.

Prices for different sizes of solar panel systems have increased notably. For example, the 7 kW system, which used to cost around eight and a half lakh rupees, has risen by Rs 25,000.

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Similarly, the 10 kW system’s price has gone up from Rs 1.15 million to Rs 1.2 million. Moreover, the 12 kW system now costs Rs 1.45 million after an increase of Rs 50,000.

Furthermore, the 15 kW system’s price has increase to Rs 1.6 million. These figures are for on-grid solar systems. Consumers looking into hybrid systems with battery integration need to consider additional expenses for batteries.

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