5kw solar panel installment plan for salaried people – May 2025

A 5-kilowatt solar system is a great option for small homes or offices with moderate electricity use. It can run a 1.5-ton inverter AC, fridge, LED lights, two fans, and other basic appliances comfortably.

This system can produce up to 20 units of electricity per day, or around 600 units per month, which can greatly reduce your electricity bill.

What Do You Need to Set It Up?

To install a 5kW system, you’ll need:

• 9 to 10 solar panels (each 590-watt)

• An inverter

• Wires and cables

• Other accessories

The full setup usually costs between Rs. 700,000 to Rs. 800,000, depending on the quality of the equipment.

Can You Buy It on Installments?

Yes! Since this upfront cost is high for many salaried people, Meezan Bank now offers a Solar Panel Financing Program to help you install the system on easy, interest-free installments.

5kw Solar System Three Years Installment Plan

For a system costing Rs. 700,000:

• Down payment: Rs. 245,000

• First monthly installment: Rs. 18,350

• Last (36th) installment: Rs. 12,792

Following is the tentative installment plan: