Solar energy has become a popular way for businesses in Pakistan to get energy because it saves money, lasts a long time, and is good for the environment. Less reliance on fossil fuels, which can be good for the environment. Another benefit of using solar energy is that it makes you less vulnerable to changing energy prices and gives you more freedom. Solar energy is a clean, renewable energy source that doesn’t release harmful greenhouse gases into the air. Solar panels are used to collect solar energy.
Factors Affecting Solar Panel Prices
It depends on many things that cause the price of solar panels in Pakistan to change. Some of the most important ones are the economy, technological changes, and the balance between supply and demand. The market and, by extension, the price of solar panels are shaped by how these factors interact. A big part of the cost of solar panels is how often new technologies are improved. Usually, newer technologies are more expensive.
● Solar Panel Type and Quality
High-quality panels are made to capture and store thermal energy efficiently. This makes them a cheap and long-lasting choice for systems that heat homes, cool rooms, or make hot water. Modern thermodynamic solar panels work better and last longer because technology and materials have improved. They help make the future greener and more energy-efficient.
● Size and Wattage
The price of solar panels is also affected by their size and wattage. Bigger panels with higher wattage ratings can make more power, but they might cost more. The size and wattage of the panels you need depend on how much energy you need and how much space you have for installation.
● Solar Panel Manufacturer
The company that makes the solar panels can also affect the price. Because they have a history of making reliable and efficient panels, well-known and trusted manufacturers often charge more.
Average Solar Panel Prices in Pakistan
Prices of Specific Solar Panel Brands in Pakistan
● Suntech Solar Panels
Most of the time, a 6kW system costs $5,048. Suntech makes more solar photovoltaic (PV) modules than any other company. The 350 people who work on research and development (R&D) at Suntech are spread out across three continents. Suntech’s standard poly- and monocrystalline silicon modules usually get 14.9% efficiency, 2 to 5% more than many other panels on the market. Module efficiency does vary a little from model to model, though.
● Sunpower Solar Panels
An 8-kilowatt (kW) system costs about $24,000 to $36,000, or $3.50 to $4.50 per watt of power. SunPower solar panels have the best warranties and efficiency ratings in the business. Their warranties cover workmanship and performance for 25 years, and their ratings range from 20.3% to 23%.
Additional Costs to Consider
● Installation Cost
A lot of hardware is needed to put solar panels on your roof and connect them to the grid or your home’s electrical system. However, “soft” costs make up a big part of the cost of a typical residential installation.
● System Size And Energy Requirements
Almost $2 per watt of that goes to “soft costs.” Getting new customers, also known as sales and marketing, takes up most of the soft costs. Overhead and profit also take up a lot of soft costs. All these add up to about 40% of the cost of installing something in a home.
● Repairs And Replacement
Most solar panel warranties are good for 10 to 25 years after installing the panels. If you’re still within that time frame, the manufacturer should pay for repairs caused by damage or defects. However, some product warranties don’t cover the cost of labor or shipping. Also, you might have to pay for the repairs if your warranty is over.
Conclusion
Pakistan’s growing use of solar energy shows that the country is committed to long-term and low-cost solutions. Prices vary depending on things like the type of panel, its size, and the manufacturer. Other costs include installation, repairs, and the size of the system. Still, solar energy is a good investment for businesses and people because it pays off in the long run.
