Government of Pakistan announced free solar panel scheme. Details are given below. Those using up to 200 units can acquire free solar panels from Aug 14. However, those using more than 200 units and up to 500 units will receive solar panels by making 10 per cent payment of total cost and the Punjab government will pay 90pc of the total amount.
EASY REGISTRATION AND FLEXIBLE PAYMENT OPTIONS
The registration process is simple. Interested households can send their identity card number and electricity bill reference number to 8800. Successful applicants will be selected through a draw and offered the opportunity to purchase solar systems through Bank of Punjab or National Bank.
The scheme offers flexible payment options. Consumers will pay 25% of the cost upfront with no interest, followed by five years of interest-free installments added to their electricity bills. The government will bear 75% of the interest for consumers using more than 500 units.
