SOLAR PANEL PRICE IN LAHORE in 2022
Posted On: 09 September, Author: Zero Carbon
Lahore is the second largest city in Pakistan in terms of population. The city has a rich history and educated people with an urban lifestyle. Therefore, the energy usage in the city is higher. On the other hand, the country is facing severe power issues. The gap between the demand and supply of electricity is extending every day. The condition worsens during scorching summers. In addition to that, the government is inclined to increase the tariff charges on a regular basis. There are massive underlying reasons for it. However, the public at large is financially getting tenser with every increase. Because power usage is a necessity, not a luxury. Hence, the search for alternative, reliable energy sources has gained a massive hit. Following the trend, we are going to tell you the Solar Panel Price in Lahore in 2022. To get all the answers to what, how, why, and where, scroll down to the text below.
Energy sources in Lahore
Energy sources in Lahore are the same as the energy mix of Pakistan. The country gets its power from coal, gas, and hydro resources. The duty of power unit distribution is regulated by the central body called NEPRA (National Electric Power Regulatory Authority). However, the distribution in the country is done through the distribution bodies directly linked with NEPRA. Similarly, Lahore is regulated under LESCO (Lahore Electricity Supply Company).
Electricity Tariffs Charges in Lahore
Electricity Tariff Charges are continuously increasing. Therefore, price hikes are more frequent than ever. The government is having difficulty, maintaining the tariff on a lower scale. According to the July 2022 updates, According to NEPRA, the new national average rate for the fiscal year (FY) 2022–23 turned out to be Rs24.82 per kilowatt hour (kWh), which is higher by Rs7.9078 per kWh than the previously calculated national average tariff of Rs16.91 per kWh. However, this has been multiplied several times.
Impacts of increments on Lahorians
Like the entire country, the people of Lahore face difficulty managing their finances. The price hikes in electricity are not alone; such increments affect many things directly and indirectly linked to power consumption. Resultingly, the rate of inflation in the country has been the highest since the 1970s. On the other hand, fuel prices are also on the same trend. Residents of Lahore are under severe stress these days; they want to choose low-cost, efficient, and reliable alternative energy solutions to save their hard-earned money from extra power costs and bill pay outs.
Alternative Power Sources
The excellent news for Lahore is that an alternative solution to electricity is available. Alternative power sources include renewable power generation options. In simple terms, solar and wind systems come under renewable power generation. In Lahore, Zero Carbon provides solar solutions for residential, commercial, and industrial clients.
Solar Systems Mechanism
Solar Systems work on the solar power Sunlight. Solar systems combine PV Sheets, batteries, and converters to perform. The PV sheets get installed on the rooftops or open fields where the sunlight access is good. These sheets absorb the sunlight and convert it into usable electricity through converters.
Benefits of Solar Panel Installation
There are several benefits to installing solar panels in Lahore. Some of them are the following.
- Zero Carbon Solar Panels are Customised as per client needs.
- The Solar Systems provided by Zero Carbon are purchased from high-quality and A-tier Chinese Manufacturers, including Jinko Solar, JA Solar, Longi, Canadian Solar, and Trina Solar. At the same time, the inventors are also taken from Huawei, Solis, SunGrow, Inverex, GroWatt and GoodWe.
- Payback Time of Zero Carbon is just four years.
- The running capacity of solar panels provided by Zero Carbon extends to 20-25 years.
- The electricity bill reduction is possible.
- The facilitation of ‘Net-Metering,’ allows the solar panel owners to sell the excess power to the national grid.
- Installation costs are on the lower end.
- Solar Panels produce eco-friendly power.
Pre-Requisites for Solar Panels Installations
For installing a solar panel in Lahore, you need to have a rooftop or ground with exposure to sunlight. In homes, a rooftop is ideal for installing a solar panel.
You can contact Zero Carbon to book a visit with experts to evaluate your location. This will be helpful to know precisely what capacity solar will be suitable to you while in Lahore, per your per month need.
Prices Calculation For Solar Panel Prices
The prices of Solar Panels at Zero Carbon are not fixed. The reason for the fluctuation is the import/export policy, currency conversion rates, and government tax policies. In addition to these national policies, the prices of hardware like semiconductors, types of solar panels, and panel capacity of watt production are prominent factors that define the price bracket in Lahore.
Semiconductors’ quality defines the type of silicon used in solar panels. There are two options available in the silicon. Silicon is currently the best semiconductor, but it is also costly. Silicon-based solar panels are often more expensive than those made using other semiconductors.
Solar Panels are of diverse types and capacities. Available types are Monocrystalline and Polycrystalline materials. The cost of polycrystalline solar panels is lower since they are less productive and efficient. Conversely, monocrystalline solar panels are more expensive and produce a higher output.
The capacity of Watt Generation is the watt per panel production capacity of the solar panels. The electric current a solar panel can generate when solar radiation hits. Solar panels with lesser capacity are more economical than those with greater capacity. Suppose a solar panel of 340 watts is cheaper than a panel of 480 watts.
Install Solars on Low-Costs in Lahore
While residing in Lahore, you can avail a low-cost installation of solar panels in 2022. You can benefit from this low cost because the government of Pakistan is in support to help solar systems usage and structure in the country. For the same reason, it has waived off the general sales tax GST 17 per cent.
Get a Free Quotation
It is high time to install a solar panel in your location in Lahore. Get rid of excess power bills and power shortfalls of electricity. It is also a golden time that decreases a 17% decrease due to tax elimination in the absence of GST tax. To book a call from Zero Carbon, fill out the form here. You can ask them about the solar panel price in Lahore in 2022, according to your need.