Solar PV as a Solution for Pakistan's Energy Crisis

Cost-Effective Alternative: Solar PV reduces reliance on the national grid, providing a more affordable option for consumers amidst surging electricity prices (155% since 2021).
Energy Independence: On-site electricity generation makes homes and businesses less dependent on the gas-powered national grid, which is subject to price volatility and supply disruptions.
Reduction in Energy Bills: Solar PV systems lower electricity bills, alleviating the financial burden on households where electricity costs have surpassed rental rates.
Reduction in Energy Import Bill: Solar PV significantly decreases Pakistan’s energy import bill (30% of total imports), reducing dependence on foreign energy sources.
Focus on Indigenous Resources: Investing in low-cost indigenous resources like hydro, coal, gas, and solar PV achieves greater energy security and reduces vulnerability to global energy price fluctuations and external shocks.
Environmental Benefits: Solar energy is a clean and renewable source, reducing carbon emissions and helping Pakistan meet environmental and sustainability goals.
Job Creation: The growing solar PV industry generates new employment opportunities in installation, maintenance, and manufacturing, contributing to economic development.
Support from Government Subsidies: Government initiatives incentivize solar PV adoption, making it accessible to lower-income households which are lifeline consumers and in protected category in Piped Natural Gas consumers. (RLNG diversion to PNG residential consumers is about PKR 297 billion SNGPL petition)
Resilience Against Brownout Blackouts and Load Shedding: Solar PV systems with battery storage provide backup power during blackouts, improving energy security for residential and commercial users.
Long-Term Investment: Although initial setup costs may be high, long-term savings and reduced energy costs make solar PV a viable investment for the future.
Mitigating the Impact of Inflation: Solar PV offers stable and predictable energy costs, protecting consumers from further price hikes in electricity amidst inflation.