ISLAMABAD: Solar panel prices in Hyderabad have dropped sharply after the government updated its net metering policy.
The new rules allow the government to buy electricity from homes with solar systems.
The change has boosted interest in solar energy. Many citizens now see it as a reliable option during frequent power cuts and rising temperatures.
Retailers report a major price cut. A high-quality 585-watt A-grade panel now sells for Rs16,500, down from Rs22,000.
“With the new policy and extreme heat, more people are installing solar systems,” said a local shopkeeper. “Even with Rs20,000, a poor man can leave with a full setup to run a fan and lights.”
The price drop comes as HESCO continues unannounced load shedding in Hyderabad. Residents say the outages and intense heat are forcing them to look for alternatives.
“Summers are harsher now, and HESCO makes it worse,” said one resident. “Solar power helps us stay cool and keep our homes running.”
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Experts expect prices to fall further. They believe solar will soon become more affordable for middle- and lower-income families.