8kW Solar System Price in Pakistan in 2024 | Capacity & Payback Period
Sunlight is the free source of energy on earth. An 8kw solar system is the best solution for medium sized homes. Its use can lead to significant savings in electricity bills. This system is also ideal for net metering. An 8 kilowatts solar system can be the best system for homes and workplaces such as offices and restaurants. The 8kw solar system price in Pakistan depends on the quality of its components.
This system can be perfect for those who wish to reduce their electricity bills. This system also provides round-the-clock electricity and also saves 100 percent in bills.
Average cost Of 8 kw Solar System in Pakistan
The popularity of solar panel systems is increasing day by day so people want to know about its cost. An 8000 watts solar panel system can be ideal for people who consume 30 to 35 units of electricity per day and 1050 to 1100 units of electricity per month. This can be the best system for them. Although its price varies according to the market, actually its price depends on the quality of the components used in it.
Its components include solar panel prices, installation cost, inverter quality, battery cost, wiring cost, etc. According to an average estimate, 8kW solar panel system prices range from PKR 750,000 to 850,000. Although the initial cost may seem high, its long-life performance compensates for the initial cost.
Estimated Pricing Table for 8kW Solar Systems
| Item Details | Price |
|---|---|
| Longi Himo 6 580 watt Solar Panel A Grade (16) | 361920 |
| Ziewnic inverter 8 KW hybrid | 300000 |
| Frame Structure (8) | 38400 |
| Protection acessories breaker, DC breaker, safety breaker etc. | 20000 |
| DC Cables | 20000 |
| Labour | 3000 |
| Total Estimated cost | 740320 |
Three Types of 8kw solar system
Estimated Price Of 8kW On-Grid Solar System
The eight kw on-grid solar system is connected to a grid. The excess current generated in the panel is collected in this grid. Whenever required, the panel is automatically connected to the grid and power is supplied. Its use reduces electricity bills to a great extent. The price of these grade solar panels can be between PKR 1100000 to 1300000 including the cost of solar panels, inverter, installation and wiring etc.
Estimated Price Of 8kW off-grid Solar System
An off-grid solar panel system is connected to a battery. The excess current generated in the panel is collected in it as backup. This is the best system for areas that are off grid. Additional current can be drawn from the battery at any time. The price of these grade solar panels can be between PKR 1500000 to 1700000 including the cost of solar panels, battery, inverter, installation and wiring etc.
Estimated Price Of hybrid Solar System
A hybrid solar system is connected to both the battery and the grid. Whenever there is a power outage from the grid, it connects to the battery to provide additional power. The price of these grade solar panels can be between PKR 1300000 to 1400000 including the cost of solar panels, battery, inverter, installation and wiring etc. Extra batteries can increase the price of hybrid solar systems.
8kW Solar System Load Capacity – Appliances You Can Run
An 8kw solar panel system that produces 1050 to 1100 units of electricity per month. It can run following home appliances,
- AC
- Fans
- Inverters
- Refrigerator
- LED lights
- iron
Factors That Affect the Rates of 8kW Solar System Installation
The following factors affect an 8 kw solar panel system.
Roof space & panels required for a 8kW Solar System
Attempts should be made to install the panels in a location that receives direct sunlight. So that maximum energy can be obtained from it. Choose a rooftop or an open field for this. An 8kw solar panel will require 45 to 60 square meters of space. An 8kilowatts solar panel system will require approximately 20 to 24 panels. It generates 8000 watts of electricity.
Payback Period Of 8kW Solar System
This payback period refers to how long it will take us to recover the initial cost of installing the panels. Although the exact length varies from panel to panel, the payback period of an 8kw solar panel can be around three to four years. This payback happens in the event that electricity bills are saved. Also, if power becomes surplus, it can be fed back into the grid as credit.
Final Statements
An 8kw solar panel system can generate enough electricity to easily run all home appliances. An 8kw solar system price in Pakistan is around Rs 20 to 22 lakh but this initial cost provides peace of mind in the long run. With its help, electricity bills are reduced by 100%. Eight thousand watts of electricity can be generated by its use. Therefore, its price depends on the quality of its ingredients. So we can say that using an 8kw solar system can save lakhs of rupees annually.