With the increasing demand for renewable energy sources, solar power has become a popular and sustainable choice for households and businesses alike. The UBL Lite Installment Plan (LIP) offers an affordable and convenient way to invest in solar energy solutions. This article explores the features, benefits, and various options available under the UBL Lite Installment Plan, aiming to provide a comprehensive understanding of how solar energy can be made affordable and accessible.
Contents
Product Features and Benefits
The UBL Lite Installment Plan offers several solutions for different power needs:
Inverter 3kW Solutions:
- Solution 1: 2560W Panels with 1-Hour Backup
- Solution 2: 4480W Panels with 1-Hour Backup
- Solution 3: 2560W Panels with 1.5-Hour Backup
- Solution 4: 4480W Panels with 1.5-Hour Backup
Inverter 5kW Solutions:
- Solution 1: 2560W Panels with 1-Hour Backup
- Solution 2: 3840W Panels with 1-Hour Backup
- Solution 3: 7040W Panels with 1-Hour Backup
Inverter 10kW Solutions:
- Solution 1: 4480W Panels with 1-Hour Backup
- Solution 2: 5760W Panels with 1-Hour Backup
- Solution 3: 11520W Panels with 1-Hour Backup
These solutions cater to varying energy needs, ensuring that there is a suitable option for small, medium, and large homes.
| Point | Details |
| Product Features | Various inverter solutions (3kW, 5kW, 10kW) with backup options |
| Pricing and Payment | Starting prices: 3kW – PKR 519,908, 5kW – PKR 666,231, 10kW – PKR 1,117,458; 18% markup for up to 36 months |
| Additional Services | Free energy consultation, site visit, energy audit; AMC for maintenance |
| Net Metering | Allows generating and selling excess electricity back to the grid, reducing bills |
Also Read: How to Apply for Bank AL Habib Renewable Energy Solutions 2024 (Full Guide)
Pricing and Payment Options
The pricing for these solutions is structured to be affordable with the following starting prices:
- Inverter 3kW: Starting at PKR 519,908
- Inverter 5kW: Starting at PKR 666,231
- Inverter 10kW: Starting at PKR 1,117,458
UBL provides multiple payment options with an 18% markup for up to 36 months. Customers can pick from 3 to 36-month tenures, making it easier to manage their solar energy investment.
Residential Solutions and Additional Services
For UBL customers, certain services are provided free of charge, including energy consultation, site visits, and energy audits. Additional services include customized design, system installation, and commissioning, along with monthly checks and maintenance. These offerings ensure that solar solutions are tailored to each household’s unique needs, resulting in a smooth and efficient transition to solar energy.
Net Metering and Energy Savings
One of the primary advantages of going solar with the UBL Lite Installment Plan is the opportunity for net metering. This enables families to generate electricity while selling any excess energy back to the grid. The method entails replacing the present unidirectional meter with a bidirectional meter, which measures electricity flow to and from the premises. This not only helps to lower electricity bills, but it also contributes to total energy savings in the neighborhood.
Safety and Maintenance
Intelli Energie offers an annual maintenance contract (AMC) to maintain the solar system’s safety and longevity. This involves monthly site inspections to evaluate system performance and ensure that it is operating efficiently and effectively. Additionally, specific safety criteria must be followed in order to protect the family and maintain compliance with net metering legislation.
Conclusion
The UBL Lite Installment Plan makes solar energy more accessible and cheap by providing a variety of solutions to satisfy varying energy requirements. With flexible payment choices, extensive services, and the potential for large energy savings via net metering, this plan offers a practical and sustainable alternative to traditional energy sources. Households that invest in solar energy can save money on their electricity bills, contribute to environmental conservation, and assure a reliable power supply in the future.
FAQs
What are the payment options available for the UBL Lite Installment Plan?
The UBL Lite Installment Plan offers flexible payment options with an 18% mark-up for up to 36 months. Customers can choose from tenures ranging from 3 to 36 months.
What services are provided free of charge for UBL customers?
UBL customers receive free energy consultation, site visits, and energy audit services.
What is net metering and how does it benefit me?
Net metering allows households to generate electricity and sell any excess energy back to the grid. This helps in reducing electricity bills and contributes to overall energy savings.
What maintenance services are included in the Annual Maintenance Contract (AMC)?
The AMC includes monthly site visits for system performance evaluation, ensuring that the solar system operates efficiently and effectively.
