Prices of solar panel and accessary fell slightly due to excessive imports and period of electricity supply increased, according to some solar selling shops. Formerly, a 4-foot-by-8-foot solar panel cost around Ks.480,000 , but now it has dropped between Ks. 460,000 and around Ks. 470,00.
AS the solar panels and accessories were excessively imported and at the same time the demand has fallen slightly, the importers decreased the selling prices, said U Ye Win Ang, the owner of YWA Engineering Co. A 4-foot-by-8-foot solar panel produces between watts 300 and 450 and it is necessary to install from 4 to 6 such size of panels for cooking, ironing and battery charging.
Currently, the panels cost between Ks. 8 million and around Ks. 10 million are more common in the market, according the market information. Panels installed at schools or hospitals cost between Ks. 500 million and around Ks.800 million depending on their status. Installation fee is charged between Ks.60,000 and around 90,000 per panel. Solar panels and accessories selling in the market are mostly imported from China.
