Solar prices may continue to decline, according to experts. Good news for people living in Hyderabad is that solar panel prices are now going down. Thanks to the government’s updated net metering policy. This new policy will let the government buy electricity from homes that use solar power.
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Solar Panel Prices Take a Tumble in Hyderabad
Because of this change, more people are thinking about using solar energy, especially as power cuts become more common and temperatures keep rising.
Shopkeepers in the city say that the price of a good-quality 585-watt solar panel has dropped from Rs22,000 to Rs16,500. This big price cut is already getting more customers interested.
“With the new policy and this extreme heat, more people want to install solar systems,” said one local shopkeeper. “Even someone with just Rs20,000 to Rs22,000 can now buy a full setup to run a fan and a few lights.”
In some good news for Hyderabad residents, the prices of solar panels have seen a sharp drop. This change comes after the government introduced an updated net metering policy — a move that now lets people sell extra electricity generated from their home solar systems back to the power grid. That means more savings and more reasons to go solar.
With power cuts becoming more frequent, especially from HESCO (Hyderabad Electric Supply Company), and the summer heat getting worse every year, many people are starting to look at solar energy as a reliable alternative.
Read More: KP launches Rs20bn Solar Project to Power 130,000 Homes for Free.
Giving energy is the purpose of the government’s revised policy. Homes who install solar panels can now sell the extra electricity they produce from solar to earn money under the new policy. As a result, solar energy is now both economical and environmentally beneficial.
Since the announcement, solar panel demand has picked up in the city. In response, local shops and retailers have reduced prices to attract new buyers. It’s now much easier for average households to afford a basic solar setup.
Solar Panels Now More Affordable Than Ever
Retailers in Hyderabad say the price of a 585-watt A-grade solar panel has come down from around Rs22,000 to just Rs16,500 — a significant drop that has caught the attention of many potential buyers.
“Thanks to the new policy and this unbearable heat, more people are walking into our store asking about solar systems,” said one shopkeeper. “Now, even someone with just Rs20,000 can leave with a small setup that powers a fan and a few lights.”
This price drop is a big relief for small households and daily wage workers who often struggle with power cuts and rising electricity costs.
Power Cuts and Heat Push Residents Towards Solar
The timing of the price drop couldn’t be better. Hyderabad is experiencing frequent and unplanned load shedding, leaving many homes without electricity for hours at a time. Combine that with rising temperatures, and daily life is becoming harder for many.
“Summers are getting worse each year, and with all these power cuts, it’s really tough to manage,” said a local resident. “Solar power helps us stay cool and keeps the lights on.”
For families dealing with unreliable electricity and high utility bills, solar energy is quickly becoming a smart, long-term solution.
The drop in solar panel prices comes at a time when Hyderabad is dealing with frequent and unplanned power cuts, especially by HESCO (Hyderabad Electric Supply Company). This is making more people look for other ways to get electricity.
“Summers are getting hotter because of climate change, and HESCO’s power cuts are making things worse,” said one local resident. “Solar power helps us stay cool and keep things working at home.”
Experts say solar panel prices might go down even more in the future. This would make it easier for middle- and lower-income families to afford solar systems.
Solar panel Prices Might Fall Even Further
Industry experts believe that solar panel prices may drop even more in the coming months. As more people are moving to solar due to expensive electricity rates. Manufacturers are expected to increase production, which could lead to better price for consumers.
Stay Independent: you do not need to worry of load shedding and power cuts.
Go Green: Solar energy reduces pollution and helps the environment.
More Jobs: As demand for solar grows, so do opportunities in installation and maintenance.
Final Thoughts
With high temperatures, power outages, and rising electricity costs, there’s never been a better time to go solar.
What is net metering?
Net metering allows you to sell extra electricity generated by your solar panels back to the grid, for reducing your power bills.
What is the basic solar setup cost now?
A small setup with one 585-watt solar panel can cost around Rs16,500 to Rs20,000. It depends on the quality and components.
Will solar panel prices continue to drop?
Yes due to more people adopt solar and production demand increase, experts believe that prices will fall more.
Can I run my whole house on solar?
Yes, with the right system size and battery backup, you can run your whole home on solar energy.
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