Pakistan

Solar system easy installment plan in Pakistan- June 2024

Published by
Staff Reporter

People are becoming less dependent on the national grid by switching to solar energy as a result of rising electricity bills and summer load shedding.

Owners of houses or companies can avoid paying excessive taxes on their bills and guarantee continuous power by installing solar systems.

Solar systems come in different capacities, so their installation can be tailored to meet individual needs.

3KW Solar Panel Installment Plan by UBL

The UBL bank offers following four solutions for 3KW setup:

Solution 1 – 3kW (2560W Panels with 1 Hour Backup)

Solution 2 – 3kW (4480W Panels with 1 Hour Backup)

Solution 3 – 3kW (2560W Panels with 1.5 Hour Backup)

Solution 4 – 3kW (4480W Panels with 1.5 Hour Backup)

The price of the 3KW setup starts from Rs519,908 and goes up to Rs738,298, depending on the quality of solar panel plates and inverter. The bank offers installment plan for up to 36 months.

Model Price 3 months 6 months 12 months 18 months 24 months 30 months 36 months
Solution 1 519,908 

 

178,527 91,257 47,665 33,173 25,956 21,649 18,796 

 

Solution 2 685,609 235,427 120,342 62,857 43,746 34,228 28,548 24,786
Solution 3 550,160 

 

188,915 96,567 50,439 35,103 27,466 22,908 19,890 

 

Solution 4 738,298 

 

253,519 129,590 67,687 47,108 36,859 30,742 26,691 

 

5KW Solar Panel Installment Plan by UBL

The UBL bank offers following three solutions for 5KW setup:

Solution 1 – 5kW (2560W Panels with 1 Hour Backup)

Solution 2 – 5kW (3840W Panels with 1 Hour Backup)

Solution 3 – 5kW (7040W Panels with 1 Hour Backup)

The price of the 5KW setup ranges from Rs666,231 and goes up to Rs1,113,689, depending on the quality of solar panel plates and inverter. Following is the complete table for prices and installment plans:

Model Price 3 months 6 months 12 months 18 months 24 months 30 months 36 months
Solution 1 666,231 228,772 116,940 61,080 42,509 33,261 27,741 24,086 

 

Solution 2 775,228 266,200 136,072 71,073 49,464 38,703 32,280 28,026 

 

Solution 3 1,113,689 382,422 195,480 102,103 71,060 55,600 46,373 40,263 

 

 

Staff Reporter

Recent Posts

PTA warns users against sharing unlawful online content

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued a warning for mobile phone users against…

6 hours ago

Iranian President lauds Pakistan’s peace efforts during key meetings

ISLAMABAD: Iranian President Dr. Masoud Peshkeskian met President Asif Ali Zardari and Prime Minister Shehbaz…

7 hours ago

Govt approves reduced property tax rates, new income tax slabs for salaried class

ISLAMABAD: The government has approved a reduction in advance tax rates on property buyers and…

7 hours ago

CDF Asim Munir meets Iranian President, discusses regional situation following US-Iran talks

RAWALPINDI: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Iranian President Masoud…

9 hours ago

Solar panels, batteries rates drop amid reduction in petrol price

LAHORE: Following the reduction of petroleum prices, solar panels and batteries witnessed a sharp fall…

9 hours ago

SBP announces two bank holidays

ISLAMABAD: State Bank of Pakistan (SBP) has declared a two-day public holiday for Ashura (9th &…

9 hours ago