Big news, for everyone fed up with sky-high electricity bills! The prices of solar panels have reduced significantly. Just 2 years back, solar panels were a luxury as the price per Watt was around Rs.80 in 2022. But guess what? Now, thanks to a surplus of panels available locally and favorable trends abroad, you can get them for as low as Rs.37 per Watt as reported by various media outlets! You read it right! That’s more than half off!

Keep in mind that the prices can vary depending upon the brand, seller, and many other factors.

But here’s the thing: according to a major news outlet, China is selling off its existing solar panel stocks and rolling out new versions with HJT technology, boasting wattages of 610, 650, and 670. It’s reported that Pakistan is consuming a whopping 2000 containers of solar panels each month. Despite the decreasing prices of solar panels, the prices of Solar Inverters are holding steady. Right now, you’ll still have to spend Rs.80,000 to Rs.120,000 for a 3 to 4KVA inverter, Rs.1,50,000 to Rs.220,000 for a 5 to 6KVA one, and Rs.250,000 to Rs.3,25,000 for a big 10KVA inverter.

This drop in solar panel prices isn’t just about saving rupees on your electricity bills. It’s about taking a big step towards a greener, more sustainable future for India. So, let’s seize this opportunity and step forward towards the wave of change together!