Average monthly Electric bill saving with solar panels 2024
The average monthly electric bill with solar panels in Pakistan can vary depending on several factors, including those below
- size of the solar panel system,
- energy consumption,
- cost of electricity units in the local area.
Size of the solar panel system
The size of the solar panel system is an important factor in determining how much homeowners in Pakistan can expect to save on their monthly electric bills. The larger the solar panel system, the more electricity it can generate, leading to greater savings on the electric bill. Typically, solar panel systems for a residential property in Pakistan range in size from 3 kW to 10 kW, and the cost increases with size.
Energy consumption
Energy consumption is also another factor in determining the average monthly electricity bill with solar panels. Homes in Pakistan that consume more electricity may require a larger solar panel system. Therefore, households that use more energy will see a more significant reduction in their monthly electric bill after installing solar panels.
cost of electricity in Pakistan
The cost of electricity in Pakistan is relatively high, making solar panels an attractive investment for homeowners. The cost of electricity in Pakistan varies depending on the time of day, but the average cost per unit is around PKR 29-30 per unit. By installing a solar panel system, homeowners in Pakistan can generate their electricity and reduce their dependence on the national grid, leading to significant savings on their monthly electric bills.
On average, homeowners in Pakistan can expect to save between PKR 18,750 per month on their electric bill with a 5 kW solar panel system. This amount can vary based on the factors mentioned above. Additionally, the Pakistani government offers several incentives for homeowners who install solar panels, including subsidies and tax credits, further reducing the initial cost of installation.
5 kW solar panel system
A 5 kW solar panel system can generate approximately 625 kWh of electricity per month, depending on the weather conditions and location of the property. This system can help homeowners save around PKR 15000 to PKR 18,750 per month on their electricity bills.
10 kW solar panel system
A 10 kW solar panel system can generate approximately 1,250 kWh of electricity per month, depending on the weather conditions and location of the property. This system can help homeowners save around PKR 35,800 to PKR 37,500 per month on their electricity bills.
15 kW solar panel system
A 15 kW solar panel system can generate approximately 1,875 kWh of electricity per month, depending on the weather conditions and location of the property. This system can help homeowners save around PKR 53,000 to PKR 56,250 per month on their electricity bills.
20 kW solar panel system
A 20 kW solar panel system can generate approximately 2,500 kWh of electricity per month, depending on the weather conditions and location of the property. This system can help homeowners save around PKR 71,000 to PKR 75000 per month on their electricity bills.
25 kW solar panel system
A 25 kW solar panel system can generate approximately 3,125 kWh/unit of electricity per month, depending on the weather conditions and location of the property. This system can help homeowners save around PKR 90,000 to PKR 93,750 per month on their electricity bills in Pakistan.
Conclusions
In conclusion, the average monthly electric bill with solar panels in Pakistan varies depending on several factors, including the size of the solar panel system, energy consumption, and the cost of electricity in the local area. Despite the initial cost of installing solar panels, the long-term financial benefits and environmental advantages make it a worthwhile investment for homeowners in Pakistan.
Frequently Asked Questions – FAQs
Approximately 9 Lac to 10 Lac for 5 Kw solar panel.
As a general rule of thumb, a 1.5-ton AC unit typically requires around 1.5 to 2.0 kW of power to operate. To generate this amount of power, you would need approximately 4 to 8 solar panels, depending on the wattage of each panel and the amount of sunlight available in your area.
Solar panels generate electricity by converting sunlight into energy. Therefore, solar panels do not produce electricity at night, when there is no sunlight. However, it is possible to use batteries to store excess energy generated by solar panels during the day.
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