We switched to solar in 2021 expecting a 3.5-year payback. Electricity prices rose so fast that we recovered the investment in under two years.
Also the national grid is notorious for it's frequent blackouts (load-shedding) since the early ’90s. Solar allowed us to have uninterrupted supply in the mornings and longer backups during night.
Excellent results, even if the source article is a bit government-optimistic-press-releasy. The less-good news is that, even with abundant solar, you still need a functional grid (even more so than in traditional top-down energy distribution schemes) in order for everyone to take advantage of it, but this is a problem that lots of rich nations are working through right now, so affordable off-the-shelf solutions are bound to appear in the near future.
And I wish Pakistan the best in taking advantage of those and/or their home-grown ingenuity!
What this shows is solar is increasingly threatening the electric utility business model. Even without net metering, demand destruction will cause the traditional model to stop working.
Great, you can easily switch them off or even better, store heat under ground for the winter.
Imagine being the CCP and you’ve managed to turn your industrial capacity into the world‘s single largest renewable energy source. PV‘s Saudi-Arabia.
How many years before this happens in parts of the United States?
I would encourage people to go look at satellite view of random "rich" neighbourhoods in Pakistan, and note how many solar panels there are on rooftops. Here is the first one I scrolled to in Lahore [1], and one in Karachi [2]
Pakistan's grid prices tripled or more since the start of the Russia-Ukraine war, because the extremely mismanaged and poorly designed electricity system+economy could not handle the energy price shock. This spiraled into rich people just buying rooftop solar systems, which exacerbated the grid problems even more.
[1] https://www.google.com/maps/@31.3611237,74.2493456,357m/data...
[2] https://www.google.com/maps/@24.8014179,67.0460688,415m/data...