Customers can now rest easy knowing that battery costs have also significantly decreased across the nation, coinciding with the decline in solar panel prices.
According to media sources, the cost of car batteries and UPS systems has somewhat decreased from the prior year.
The price of UPS batteries has decreased, according to traders, from approximately Rs 38,000 to about Rs 33,000. In a similar vein, a 110-volt battery, which is often used to run two fans and some lights, is now available for under Rs 20,000 instead of Rs 23,000.
But even with these decreases, some people’s purchasing power is still limited, so they choose to use older batteries since their cost worries persist.
Some traders claim that prices have not grown over the past six months, while others blame price stability on changes in the dollar exchange rate.
Still, there are cheaper places to get batteries; vendors are lowering their prices to boost sales in the face of weak demand.
Some dealers, however, claim that the dollar rate swings are to blame for the prices being steady over the past six months. Despite this, vendors are lowering their prices to boost sales, thus batteries can be found for less money everywhere.