Solar Panels

The best solar panel price in Bangladesh you can Explore

The demand for electricity in Bangladesh is increasing day by day, but many areas of the country, especially rural and pasture areas, are still deprived of electricity. In addition, the need for environmentally friendly and sustainable energy is now gaining importance at the international and national levels. For these reasons, the use of solar energy is increasing rapidly in Bangladesh. In particular, solar panels are now being used not only in industries and factories or offices, but also in ordinary homes, schools and colleges and in the agricultural sector. In this context, many people want to know, how much do the best solar panel price in Bangladesh? What types of panels are available? And which ones are the most suitable?

Types of the best solar panels available in Bangladesh

Currently, there are different types of solar panels available in the market, and there are some differences in the performance and price of each. To choose the right panel, you must first know which type of panel is most suitable for your needs.

• Monocrystalline solar panels: These panels are highly efficient and appear black in color. They are capable of generating more energy in a small area. Although the price is relatively high, it is profitable in the long run.
• Polycrystalline Solar Panels: This type of panel is a little less efficient but is relatively affordable. It is usually blue in color and adapts well to the weather of Bangladesh.
• Thin-Film Solar Panels: Light and thin, making them easy to carry, but their efficiency is low and their durability is relatively low.
• Off-grid and on-grid systems: Off-grid means battery-powered and on-grid means a system directly connected to the national grid. Off-grid is generally used more in villages.

Factors that affect the price of the best solar panels in Bangladesh

There are several factors that play a role in determining the price of the best solar panel in Bangladesh. It is important to consider not only the price of the panels, but also the cost of the entire system.

Wattage and output power
The higher the wattage, the more electricity is produced, and the higher the price.

• Efficiency and technology: Advanced technology panels such as monocrystalline or half-cut technology panels are more efficient, therefore the price is also higher.
• Brand and quality: Panels from good brands such as Trina, Jinko, or Longi Solar are often more expensive, but they are of high quality and long-lasting.
• Installation type: Installation costs vary depending on whether they are on the roof, in the ground, or on a mobile structure.
• Battery and inverter: In the case of off-grid systems, the cost of the battery and inverter is added, which increases the total cost.
• Warranty and after-sales service: A 10–25-year warranty may be a bit higher, but it is profitable in the long run.

Current solar panel price in Bangladesh

Currently, the solar panel market in Bangladesh is growing rapidly and its price depends on various factors and technologies. Generally, the price of solar panels depends on its capacity (wattage), panel type and practical benefits. For small houses or rural areas, 200 to 500 watt systems are available, which are relatively inexpensive. The price of such systems usually ranges from BDT: 15,000 to BDT: 35,000 taka. They usually include batteries and inverters, which enable the entire system to work independently.

Medium-sized solar panel systems, such as 1 kW to 3 kW, cost around BDT: 70,000 to 2 lakh taka. These systems are widely used in small houses, shops, offices and schools in the city. Medium-sized systems are often available in both on-grid and off-grid systems. Since on-grid systems have net metering facilities, electricity credits can be obtained by sending excess electricity to the national grid, which reduces costs significantly.

Large solar systems, such as panels with a capacity of 5 kW or more, can cost from 3.5 lakh to 8 lakh taka. Such systems are usually used in offices, large houses, factories or industrial establishments. In the case of large systems, the installation costs, including inverters, batteries and charge controllers, are also high, which increases the total cost. However, in the long run, since this system reduces electricity bills, it is considered a kind of investment. Below the table, you can discover the best solar panel price in Bangladesh based on the capacity (kW).

Where to buy the best solar panels in Bangladesh

There are various legitimate and trustworthy sources for buying solar panels and solar systems in Bangladesh, from where you can get quality products and services. There are many established showrooms and dealers in the country's major cities such as Dhaka, Chittagong, Rajshahi, Khulna and Sylhet and other metropolises that supply solar panels of different brands. It is much safer and easier to go directly to these showrooms and see the products and get advice and make a purchase. In addition, various types of solar panel models are also available on online marketplaces such as Daraz, Othoba, AjkerDeal, Evaly and BDShop, where you can order from home. However, when buying online, you should definitely be sure about the seller's reviews and product guarantees.

In addition, if you buy through authorized and recognized sellers of the Bangladesh government's IDCOL and SREDA, you can get government subsidies and other benefits, which greatly reduce the cost of solar panels. In many cases, it is also better to contact local networks or engineering organizations, as they are able to provide complete services from installation to maintenance. Moreover, by buying from a branded and authorized dealer, you will be free from the risk of counterfeit or low-quality products and will be able to enjoy warranty benefits in case of any problems later.

Therefore, it is very important to choose a trustworthy and experienced seller when buying solar panels, so that your investment is safe and long-term service is ensured.

• Local dealers and showrooms: There are many showrooms in big cities including Dhaka, Agargaon, Khulna, Chittagong, Rajshahi.
• Online marketplaces: You can order from various sites including Pico, Iconic, Tools
• Branded authorized dealers: It is safe to buy from official dealers of Trina, Jinko, Gazi, Rahimafrooz.
• Government-approved organizations: Such as IDCOL and SREDA, you can get subsidies if you buy panels through authorized vendors.

Government assistance and subsidies

The Bangladesh government is providing various government assistance and subsidies (government grants) to encourage the use of renewable energy. This assistance is very important for the rural and urban people of the country, especially in the installation of the best solar panels and solar home systems. Special government initiatives such as IDCOL (Infrastructure Development Company Limited) and SREDA (Sustainable and Renewable Energy Development Authority) are playing an active role in the expansion of solar energy. Through IDCOL, the common man can purchase solar systems by getting loans on easy terms, which is affordable and convenient for many.

As part of the government policy, the net metering facility has been introduced, which allows earning credits by sending excess electricity generated through the grid-tie system to the national grid. In this way, financial profit is also obtained by selling the excess energy generated through solar panels. In addition, solar systems are distributed free of charge or at a low cost to poor and unelectrified areas under government projects and various development programs.

Government support and subsidies have enabled many consumers to invest in solar panels at low cost, which is strengthening the country's renewable energy sector and moving towards sustainable development by increasing the use of environmentally friendly energy. Therefore, before purchasing solar panels, it is important to learn more about these government opportunities and make the right decision.

• IDCOL Solar Home System: An opportunity to own a solar system in low installments.
• Net metering policy: Earn credit by sending excess electricity to the national grid in on-grid systems.
• Subsidy benefits: The government provides a fixed amount of assistance if purchased through a specific organization.

Benefits of investing in solar panels

Investing in solar panels in Bangladesh is considered a wise decision these days. Due to the uncertainty of power supply and voltage fluctuations in both rural and urban areas of the country, solar energy is gaining importance as a safe and reliable alternative energy. Generating electricity through solar panels greatly reduces electricity bills, which is economically beneficial for families or businesses in the long run. In addition, solar panels are environmentally friendly, prevent carbon emissions and play an important role in reducing global warming. The Bangladesh government has taken various support and incentive measures for renewable energy projects, such as purchasing solar systems in easy installments through IDCOL and net metering facilities, which bring additional benefits to investors. In addition, the path to social and economic development is being paved as permanent electrification is possible through solar panels in many remote and unelectrified areas of the country. Therefore, investing in solar panels is not only very fruitful from an economic perspective, but also for environmental and social welfare.

• Bill reduction: Using solar panels reduces electricity bills by about 70–90%.
• Environment-friendly: It is renewable energy and does not cause any pollution.
• Rural development: Works as an alternative energy source where electricity does not reach.
• Long-lasting system: Good quality panels last for 20–25 years.
• Return on Investment (ROI): The cost is recovered within 4–6 years.

Challenges and Considerations

There are some important challenges and considerations to be aware of and understand in advance when investing in solar panels in Bangladesh. The biggest challenge is the high initial investment cost, which may seem overwhelming to many at first. Although solar systems save money in the long run, the thought of spending a large amount of money upfront is a cause for concern. In addition, counterfeit or low-quality solar panels and components are available in the market, which reduce the efficiency of the system and require additional maintenance later. Therefore, it is very important to buy a solar system from a good brand and a reliable supplier. Moreover, problems can arise in the performance of the system if the installation is not done by a technician with the right skills. Another important thing is regular maintenance, such as keeping the panels clean, checking the condition of the battery, and monitoring whether the inverter is working properly. Lack of these tasks can reduce the lifespan and efficiency of the solar system. In addition, the lack of sufficient space for solar systems in some areas and the impact of weather changes also act as a challenge. Finally, without proper information and advice, buyers can often make wrong decisions, which can lead to financial losses in the future. Therefore, it is very important to do thorough market research and seek advice from experienced professionals before investing in solar panels.

• High initial cost: The one-time cost may seem high to many.
• Fake or low-quality products: If you do not check the right brand, there is a possibility of being cheated.
• Maintenance: Regular cleaning of the panels and checking of the batteries is required.
• Lack of skilled people for installation: If installed by an unskilled engineer or technician, the system may be damaged.

The use of renewable energy in Bangladesh is increasing day by day and solar panels are acting as a key driver of this change. The country's electricity demand is increasing rapidly, and solar panels have many potentials as an environmentally friendly and sustainable energy alternative. Investing in solar panels is not just about reducing electricity bills, it is also a groundbreaking initiative to reduce environmental pollution, reduce carbon footprint and bring comfort to the lives of people in rural and remote areas. Although there are some challenges in using solar panels such as initial cost, quality control and maintenance issues, these can be easily overcome with proper planning and awareness.

A lot of development is happening in this sector through a combination of government initiatives and the private sector, which has made it affordable and accessible to the common man. In addition, the use of modern technology and ensuring skilled human resources will further increase the effectiveness of solar panels. Therefore, investing in solar panels in today's rapidly changing energy market of the world is not just a commercial decision, it is a responsible and conscious choice that will contribute to the development of the country and environmental conservation.

In conclusion, with the right information, quality products, and the right advice, we can move forward towards a sustainable, green, and prosperous future by using solar panels by getting the best solar panel price in Bangladeshin. This technology will ignite new energy in our daily lives and open up new horizons of development.