In a significant development for Hyderabad residents, the cost of solar panels has seen a substantial decline following the government’s recent revision of the net metering policy. This updated policy allows homeowners to sell excess electricity generated by their solar systems back to the national grid, making solar energy a more appealing and economical option amid ongoing power outages and rising temperatures.
Local vendors report that the price of premium 585-watt A-grade solar panels has decreased from Rs22,000 to Rs16,500, sparking a surge in consumer interest. Many households affected by frequent power cuts under HESCO (Hyderabad Electric Supply Company) are now shifting to solar power to operate essential devices and stay cool during the summer.
According to a local dealer, even low-income families are stepping into the solar market, with basic systems—sufficient to power fans and lights—available for Rs20,000 to Rs22,000.
Industry experts predict that this downward pricing trend may persist, making solar energy increasingly affordable for the middle and lower classes. With the dual challenge of extreme heat and unreliable electricity, the revised net metering policy is proving to be a game-changer, encouraging greater adoption of renewable energy and reducing reliance on the national grid.
