Pakistan has been facing severe power outages and blackouts in recent years which damaged its economy and energy sector as well. Fortunately, Pakistan is rich with sunlight thanks to the sun and gets up to 3,000 hours of sunlight per annum. In this situation, demand for solar panels in Pakistan is increasing rapidly not because it’s environment friendly but also because it are a cost-effective energy solution as compared to the other conventional energy sources that produce carbon footprint and fossils. The decline in solar panel rates has uplifted the demand for solar panels in Pakistan. So this blog will delve into the most valuable benefits of solar panel installation in Pakistan. Let’s explore one by one;
- Reduce Electricity Bills:
Reducing electricity bills is one of the most valuable benefits of solar panels in Pakistan. Electricity bills are considered as one of the major expenses for a household, especially for a salaried person. Solar panel Installation systems can decrease these skyrocketing bills to half or even zero if your solar system has a larger capacity than your energy requirements.
- Increase Property Value:
Properties with the solar system installed will have more worth than a normal house. When you want to sell your house with the solar system installed, the buyer will be happy to pay you extra because the buyer will know it can reduce their energy expenses directly. Mostly, houses with solar systems are sold with the 4% extra amount against their actual value.
- Free Electricity:
Another valuable benefit of solar energy is that it’s absolutely free! You won’t pay a single penny to use it. It is understood that you have to bear investment costs associated with the solar system installation and regular maintenance but beyond these expenses, you will not pay anything for it. Sunlight is free for all and the best way to utilize it is to use it in electric appliances. Not limited to using solar electricity for free, you can export your excess electricity back to the main electric grid, making it a win-win situation! You should also get the answer of Which Solar Panel is Best in Pakistan
- Improved Air Quality:
As solar energy is environmentally friendly, it does not produce dangerous pollutants in the air that harm human lives, especially in cities that have high smog levels. It also reduces the carbon footprint. Solar panels do not produce emissions which plays a vital role in cleaning the air quality.
- Reduce the Burden on National Grid:
When more people use solar energy in Pakistan they do not rely on the national electric grid which lessens the burden on the electric grid. Plus, when people export their excess electricity they strengthen the electricity to supply more electricity to the users.
- Ideal Payback Period:
With the decreasing price of solar panels in Pakistan, you may see a decline in the payback period of solar systems. As per an estimate, the average payback period of a solar system has dropped down to 3-5 years meaning that you can recover your investment amount in just 3 years after installation of the solar system. After that when you will recover your investment amount, the absolute gold period will kick start for you!
- Net Metering:
Net metering is a facility that allows solar energy consumers to send their extra produced electricity back to the electricity to earn against the exported electricity. If you have installed a solar system with a capacity of 6 kilowatts or more and your solar system is producing more electricity than you require, then you can export your extra-produced electricity back to the electric grid. In contrast, you will receive unit credits in your monthly electricity bills from the electric supply company like LESCO, PESCO, KE, etc. This facility will reduce your electricity bills to half within a short time.
Solar energy is one of the most useful technologies in Pakistan which provides relief to both commercial and residential users. Pakistan is enjoying the decline in the solar panel price in Pakistan because by embracing solar energy, there will be less burden on the electric grid. Also, reducing the high electricity is the real purpose of the solar panels. Adopting the net metering Pakistan facility will ensure the maximum amount of electricity is provided to households running without solar panels all over the country with less interruption. Solar energy makes a household energy-independent. We have discussed all the valuable benefits that motivate people to shift to solar energy!
