Best Solar System Prices in Pakistan (2024) -A Complete Guide.
In Pakistan, the Price of electricity bills increases daily due to high demand for energy, devaluation of currency, high inflation rate, and circular debt of Pakistan. Pakistani People are facing high electricity bills. In this case, there is a rise in interest in solar energy; people are looking for the best solar system at an affordable price as an alternative to home electricity. As a result, the solar industry is growing very fast in Pakistan, and consumer awareness of the long-term benefits of solar energy is increasing.
In this article, we will provide an in-depth analysis of solar system prices in Pakistan and compare different solar panel brands, specifications, features, and prices. With all these, this article will share the return on investment and other expert insights like exchange rate volatility, component lifespan degradation rate, hidden cost and quality of Installation, and many more.
Solar System Prices in Pakistan 2024
Before going into complete details, we would like to share the comparative table of different solar panels available in Pakistan, with prices and specifications, for your quick review.
| Solar System Capacity | Panel Type | Inverter Type | No of Panels | Specifications (Watts per Panel) | Total System Power (Watts) | Appliances Powered | Approx. Price (PKR) |
|---|---|---|---|---|---|---|---|
| 1 kW | Monocrystalline | String Inverter (1-2 kW) | 2-3 panels | 580-590 W | 1000-1200 W | 2-3 fans, 4-5 LED lights, small refrigerator | 100,000 – 140,000/- |
| 3 kW | Polycrystalline | String Inverter (3-4 kW) | 8-10 panels | 580-590 W | 3000-3700 W | 4-6 fans, 8-10 LED lights, one refrigerator, one water pump, 1 AC | 300,000 – 400,000/- |
| 5 kW | Monocrystalline | String Inverter (5-6 kW) | 14-16 panels | 580-590 W | 5000-5900 W | 6-8 fans, 12-14 LED lights, two refrigerators, 1-2 ACs, one water pump | 500,000 – 650,000/- |
| 10 kW | Monocrystalline | Hybrid Inverter (10-12 kW) | 20-24 panels | 580-590 W | 10,000-11,000 W | 10-12 fans, 20-25 LED lights, two refrigerators, 3-4 ACs, water pump, TV, washing machine | 900,000 – 1,200,000 |
| 20 kW | Monocrystalline | Hybrid Inverter (20-22 kW) | 40-45 panels | 580-590 W | 20,000-22,000 W | Full household load: lights, fans, 4-6 ACs, refrigerators, TVs, washing machine, large water pump, and more | 1,800,000 – 2,500,000 |
| 50 kW | Monocrystalline | Industrial Hybrid Inverter (50 kW) | 100-110 panels | 580-590 W | 50,000-55,000 W | Ideal for small industries, commercial buildings, schools, running large machinery, central ACs, full building load | 4,500,000 – 5,500,000 |
| 100 kW | Monocrystalline | Industrial Hybrid Inverter (100 kW) | 200-220 panels | 580-590 W | 100,000-110,000 W | Suitable for factories, larger commercial operations, large machinery, full facility load, and critical infrastructure | 9,000,000 – 11,000,000 |
| 1 kW | 3 kW | 5 kW | 10 kW | |
|---|---|---|---|---|
| Panel Type | Monocrystalline | Polycrystalline | Monocrystalline | Monocrystalline |
| Inverter Type | String Inverter (1-2 kW) | String Inverter (3-4 kW) | String Inverter (5-6 kW) | Hybrid Inverter (10-12 kW) |
| No of Panels | 2-3 panels | 8-10 panels | 14-16 panels | 20-24 panels |
| Specifications (Watts per Panel) | 580-590 W | 580-590 W | 580-590 W | 580-590 W |
| Total System Power (Watts) | 1000-1200 W | 3000-3700 W | 5000-5900 W | 10,000-11,000 W |
| Appliances Powered | 2-3 fans, 4-5 LED lights, small refrigerator | 4-6 fans, 8-10 LED lights, one refrigerator, one water pump, 1 AC | 6-8 fans, 12-14 LED lights, two refrigerators, 1-2 ACs, one water pump | 10-12 fans, 20-25 LED lights, two refrigerators, 3-4 ACs, water pump, TV, washing machine |
| Approx. Price (PKR) | 100,000 – 140,000/- | 300,000 – 400,000/- | 500,000 – 650,000/- | 900,000 – 1,200,000 |
| 20 kW | 50 kW | 100 kW | |
|---|---|---|---|
| Panel Type | Monocrystalline | Monocrystalline | Monocrystalline |
| Inverter Type | Industrial Hybrid Inverter (50 kW) | Industrial Hybrid Inverter (50 kW) | Industrial Hybrid Inverter (100 kW) |
| No of Panels | 40-45 panels | 100-110 panels | 200-220 panels |
| Specifications (Watts per Panel) | 580-590 W | 580-590 W | 580-590 W |
| Total System Power (Watts) | 20,000-22,000 W | 50,000-55,000 W | 100,000-110,000 W |
| Appliances Powered | Full household load: lights, fans, 4-6 ACs, refrigerators, TVs, washing machine, large water pump, and more | Ideal for small industries, commercial buildings, schools, running large machinery, central ACs, full building load | Suitable for factories, larger commercial operations, large machinery, full facility load, and critical infrastructure |
| Approx. Price (PKR) | 1,800,000 – 2,500,000 | 4,500,000 – 5,500,000 | 9,000,000 – 11,000,000 |
The price of a solar system depends on different factors, such as system capacity, types of solar system, and the quality of solar plates, which also affect the price.
Power Magnitude of Solar System
The solar system produces energy in Kilowatts, and one Kilowatt equals 1000 watts. If 1000 watts of power is consumed in 1 hour, then 1 unit is used. You can install different Kilowatt systems according to your needs, up to 200 kilowatts.
The solar system refers to the power generation measured in Kilowatts. There are different solar systems, from 1 kilowatt to 10 kilowatts for houses. However, solar systems up to 100kw are used for commercial and industrial purposes.
Solar System of 1KW
Homes that require the minimum energy can use the 1kW solar system. 1kW solar system can support t2-3 fans, 4-5 LED lights, and a small refrigerator. This 1KW solar system contains 3-4 solar panels and its price ranges from Rs. 100,000 to 140,000.
Solar System from 3-5 KW
This 3-5 KW solar system is ideal for medium-sized homes. It can generate electricity for several appliances, including water pumps and air conditioners. A 3-5 KW solar system containing 6-10 solar panels costs 300,000 to 650,000.
Solar System 10 KW
This 10 KW solar system is used in large homes where the electricity bill is more than 30,000 Rs per month and small businesses. It can support many air conditioners and other household appliances. The Price is 900,000 to 1200,000, and this system contains 20-24 panels.
Types of Solar System
There are three types of solar systems used here.
On-Grid Solar System
This system works without batteries and exports extra electricity to the national grid. The benefit is that it reduces extra expenses and is best suited for locations with consistent grid availability.
Off-Grid Solar System
An off-grid system is not dependent on the national grid. This solar system is suitable for areas where electricity is not a concept. With this solar system, you can use the batteries to store extra energy, which is cheaper than an on-grid system.
Hybrid Solar System
A hybrid solar system is a mixture of off-grid and on-grid systems. This system uses a battery for storage, solar energy, and the national grid. Therefore, it is more expensive but also flexible.
Solar Panels Quality
Before purchasing solar panels, you have to check the quality and efficiency of panels because quality also affects the cost of the system. As per quality, you will find the three types of solar panels in Pakistan.
Solar panel with Monocrystalline sheet
These monocrystalline solar panels offer better performance. However, their Price is high compared to other sheets.
Solar Panels with Polycrystalline sheet
Solar panels with polycrystalline sheets offer better performance, but one drawback is that they perform less efficiently than monocrystalline panels. These solar panels are available at cheap prices.
Solar Panels with thin Film Sheet
Thin film solar panels offer less performance and are less efficient than polycrystalline and monocrystalline panels.
Inverter Quality
Investors of high-rated companies have good quality and perform better efficiently. It is better to purchase from international or top local companies.
Battery Backup
In Pakistan, lead-acid and lithium-ion batteries are both widely utilized; lithium-ion batteries are costly but also more efficient.
These are five critical factors that affect the prices of solar systems in Pakistan. Before purchasing a solar system for your home, consider these five factors.
Solar System Prices in Pakistan (2024)
An increase in competition, solar packages from the Government of Pakistan, and the fall in global prices have made solar systems affordable in Pakistan. Here, we will share the estimates of solar system costs in Pakistan.
| Solar System | Cost |
|---|---|
| 1 kW Solar System Prices in Pakistan: | PKR 100,000 Approximately |
| 3 kW Solar System Prices in Pakistan : | PKR 300,000 Approximately |
| 5 kW Solar System Prices in Pakistan : | PKR 500,000 Approximately |
| 10 kW Solar System Prices in Pakistan: | PKR 900,000 Approximately |
Extra Cost Affects Solar System Prices in Pakistan
Other than these expenses you have to consider the additional cost as follows.
Installation Costs
Installation costs vary from PKR 30,000 to PKR 100,000 depending on system size and capability.
Maintenance Cost
Maintenance costs also play a vital role in the additional cost.
Turnout After Installation of Solar System
The purpose of the solar system is to save on high electricity costs. It is an incentive for consumers to save the burden of electricity bills. A better-quality solar system can return you in the future. It is a feasible investment if you calculate the cost of electricity for the next 5-7 years against the solar system. At the time of installation, this solar system will require a high investment, which will be difficult for you. But if you calculate the turnover in the long term, then this is the best investment.
Consider Before Purchasing the Solar System
When you purchase a solar system in Pakistan, you must consider the following factors despite the several benefits of solar systems.
Selection of Location for Installation
Before purchasing a solar system, you have to check whether your house or place of business receives enough sunlight.
Energy Requirement
After finding a suitable location for the solar system, calculate your home’s energy requirements and select the solar system according to those requirements.
Purchase better quality parts of the solar system
Purchase suitable quality inverters, solar panels, and batteries with warranties for better performance.
Select the High-rated company for Installation
Choose a high-rated company for Installation because a proper installation is also essential for better performance.
Before Installation, Consider the Net Metering
Before Installation, confirm with the local electricity distributor that net metering is available in your area. Net metering allows you to export extra electricity, saving on costs.
Find our Expert Insight
If you follow our opinion, you will get more benefits.
Consider Currency Devaluation
Currency devaluation affects the Price of the solar system. Pakistani solar companies import solar panels and other parts. The instability of currency changes the prices of solar systems. You should purchase the solar system when there is no fluctuation.
Lifespan and degradation rate of components of the Solar panels
While many websites discuss solar panel efficiency, they do not discuss the lifespan and degradation rate. All solar panels lose efficiency over time, although the rate at which this happens varies depending on the quality of the panel. For example, the degradation rate of monocrystalline solar panels is 0.3-0.5%, which means that after 20 years of Installation, they will perform better and have 70-80% efficiency. Other solar panels like Polycrystalline and thin films degrade rapidly compared to monocrystalline. Therefore, it is essential to consider the solar panel quality before Installation.
Check the hidden cost
Select the company that offers high-quality Installation. Skilled personnel can save hidden costs by performing proper Installation. Poor installation creates extra costs due to inappropriate wiring, which increases maintenance costs.
