Solar panel prices skyrocket
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There was a massive rise of Rs100,000 to Rs200,000 in prices of solar panels ranging from 5KW to 15 KW, reported 4NewsHD TV channel on Monday.
As per the new prices. a solar panel system of 5 KW is now available for Rs750,000 with an increase of Rs100,000.
The price of 7 KW solar system became Rs850,000 after an increase of Rs150,000.
A 10-KW solar panel system is now available for Rs11,50,000 after a raise of Rs200,000 in its price.
A 12 KW solar system is now available on Rs12,50,000 registering an increase of Rs150,000.
The new price of 15 KW solar system is now Rs14,00,000 with an increase of Rs150,000.
Sources said that increase in solar system prices is due to increase in on-grid system because they have to pay extra prices for batteries being used for hybrid system.
Reporter: Shahid Sipra