September 16, 2024

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by: Inam

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Categories: Blog

Solar Panel Installation in Pakistan: What’s the Cost?

With the growing concern of global warming, the need for efficient energy sources has shifted focus to renewable energy, and solar power has been leading the pack in the search for an energy source other than fossil fuels. For Pakistan, where we have sunlight all year round, using solar energy is not only an opportunity to minimize the expenses on energy but also to be environmentally friendly. Considering the solar panels cost, investing in this technology could offer significant long-term savings and sustainability benefits.

However, one of the most basic questions that comes to mind while considering solar energy is “What is the installation cost of solar panels in Pakistan?” This blog will guide you on the cost analysis of solar panels in Pakistan, both financially and from an expert point of view.

How Much Does It Cost to Install Solar Panels?

The cost of installing solar panels in Pakistan differs depending on several factors, such as the size and type of the panel to be installed, the installation company, and the needs of the property. The average cost of installation of solar panels is approximately between PKR 120,000 and PKR 1,000,000.

System Size and Capacity

The first and undoubtedly the most significant of these is the nominal power or capacity of the photovoltaic system. If one wants a system for small residential needs like lighting up the house and operating appliances, one would require only 3000 watts and the cost of installation would be between PKR 300,000 to PKR 500,000. If the system is to be installed for commercial purposes or for residential use for the entire house, such as the 10 kW system, it can go up to PKR 1,000,000 and beyond.

Type and Quality of Solar Panels

It is worth stating that there are numerous types of solar panels and all of them are sold at different prices and have different levels of operational efficiency. The monocrystalline panels, in particular, are more expensive than others, however, they perform much better and are well recommended for areas where space is a constraint. 

There exist polycrystalline panels, which are cheaper, but they occupy more space to produce the same energy. Thin-film panels are the least expensive, but their effectiveness, and energy conversion are low and not suitable for home use. The type of panel will have a way of affecting the costs of the general process.

Installation and Labour Costs

Installation is not just about placing panels on the roof; it involves intricate electrical work, mounting, and sometimes structural modifications. Labour costs for installation can range from PKR 50,000 to PKR 200,000 depending on the complexity of the job and the reputation of the installation company. It’s essential to choose a certified and experienced installer to ensure the safety and efficiency of the system. In depth read our how to install solar panels.

Inverters and Batteries

Inverters, which convert the DC generated by solar panels into AC used by home appliances, are another important component. The cost of an inverter can range from PKR 30,000 to PKR 150,000 depending on the capacity and quality. If you opt for a battery storage system to store excess energy for nighttime or cloudy days, this can add PKR 200,000 to PKR 400,000 to your total cost.

Investing in Solar for a Brighter Future

When calculating the cost of solar panel installation, don’t just look at the initial investment. While the upfront cost may seem big, look at the long-term benefits, which refer to both financial and environmental.

  • Financial Savings Over Time

One of the biggest advantages of solar energy is the reduction in electricity bills. In a country like Pakistan where energy prices are increasing and load shedding is a norm, having a solar power system can save you a lot. A well-sized solar system installation can reduce your electricity bill by 50% to 80%, that’s thousands of rupees every month. Over time, these savings will pay back the initial investment, making solar energy a smart investment.

  • Energy Independence and Reliability

For many Pakistanis, especially those living in areas where load shedding is a norm, solar energy gives a sense of independence and security. With a solar system in place, you can reduce your dependence on the national grid and have an uninterrupted power supply. This is especially beneficial for businesses that can’t afford to be down due to load shedding and for families who value a stable energy source.

  • Environmental Impact and Sustainability

Besides the personal financial benefits, switching to solar energy is a step towards reducing your carbon footprint. Pakistan is one of those countries most vulnerable to climate change and every single step makes a difference. That is where installing the solar panels comes in; you are aiding in the fight for the preservation of the planet for future generations. This decision goes not only for your benefit but also for the benefit and the sustainability of this beautiful planet we call home.

  • Increased Property Value

Solar panel installation also adds extra value to your property if you are thinking of selling your house in the future. In an eco-friendly market, homes with solar energy systems are better looking, meaning they are more attractive. There is good evidence to suggest that customers will be willing to pay a premium for properties that have low energy consumption and are therefore kind to the environment. It can even increase the marketability of your home if, in the future, you decide to sell it.

Conclusion: Is Solar Energy Worth the Investment?

The cost of solar panels in Pakistan can vary greatly depending on many factors but the long-term benefits far outweigh the initial investment. Solar energy gives you financial savings, energy independence, environmental sustainability, and increased property value. As more Pakistanis realize the importance of renewable energy, the shift towards solar is no longer a trend but a necessity for a brighter, more sustainable future.

Contact Feroze Power (Pvt) Ltd.

Contact Feroze Power to learn more about solar system installation in Pakistan or to request a free quote. Our experts will put in endless effort to assist you with the installation of the best solar panels. Give Feroze Power a call right now.