In Pakistan, the price of 700 watt solar panels ranges from 42000 to 48000, with different qualities available. There is no faxing fee for purchasing a good quality solar panel, and it comes with a warranty ranging from 5 to 20 years. The installation process is easy, and the use of solar panels is increasing due to power shortages, high load shedding, and rising inflation. To combat these issues, the use of solar panels is crucial, as electricity prices have increased due to rising inflation and load shedding. Solar panels are an effective solution to meet the power shortage and reduce electricity costs in Pakistan.
| 660 Watt Solar Panel Price | 655 Watt Solar panel price | 590-watt solar panel price |
| 39,600 Rs | 39,300 Rs | 23,010 Rs |
What is the cost of a 700-watt solar panel in Pakistan?
WAPDA is a leading provider of solar panels, offering a range of high-quality options at competitive prices. The cost of a 700-watt solar panel, with a 5-year warranty, ranges from 35000 to 45000. However, prices have significantly increased since the Corona pandemic. It is crucial to buy high-quality solar panels to ensure they provide sufficient power, as low-quality panels may not meet your home’s electricity needs and may require re-using WAPDA electricity. For those new to solar panels, understanding their features and selecting the right one is essential for optimal performance.
Solar Panel Prices in Pakistan
| Type of Solar Panels | Price in Market |
| 50 Watt Solar Panel | Rs. 3500 To 4200 |
| 150 Watt Solar Panel | Rs. 12000 To 13000 |
| 190 Watt Solar Panel | Rs. 16000 To 16500 |
| 220 Watt Solar Panel | Rs. 17000 To 18200 |
| 460 Watt Solar Panel | Rs. 27,600 To 30,000 |
| 540 Watt Solar Panel | Rs. 30000 To 39,500 |
| 740 Watt Solar Panel | Rs. 44,400 To 50,000 |
Types of Solar Panels
Solar Panel Types:
• Polycrystalline
• Monocrystalline
• Thin-film
Solar panels and batteries are essential for providing electricity during the day and night. Solar panels charge batteries, which are used throughout the day, making them the best source of electricity. Installing solar panels in every area can help meet power shortages and generate free electricity. Home panels can cover the short supply of electricity most people need, and as more panels are used, more electricity is produced. A 700 watt solar panel is suitable for most small houses, meeting their electricity needs. Overall, solar panels are a versatile and efficient solution for meeting electricity needs.
Factors Influencing 700 Watt Solar Panel Prices
• Imports of Solar Panels: The price of solar panels in Pakistan fluctuates due to the high imports. The cost of manufacturing solar panels in China is low, leading to lower prices in Pakistan.
• Performance and Efficiency: Solar panels with better performance and efficiency are more expensive, generating more electricity per square meter and increasing their lifespan.
• Area Transportation: The cost of solar panels increases with the distance from the product.
• Global Market Trends: The cost of solar is influenced by international supply and demand fluctuations, changes in solar technology, and economic conditions.
• Quality and Brand Reputation: Good brands command higher prices due to their premium quality and long-term reliability.
• Market Competition: The level of competition between solar panel manufacturers and installers can affect prices.
Conclusion
Pakistan is increasingly adopting solar panels, particularly 700-watt models, due to rising electricity costs, power shortages, and inflation. With prices ranging from Rs. 42,000 to Rs. 48,000, solar panels offer an affordable and long-term energy solution, especially when purchased from reputable brands. Factors like import costs, efficiency, and market trends influence pricing, but the benefits outweigh the investment. Read More