Solar panel prices in Pakistan 2026 have increased significantly since the start of the year, surprising many homeowners and businesses who were planning to switch to renewable energy. After months of relative price stability, local markets are now witnessing a sharp upward trend—especially for imported Chinese solar panels that dominate Pakistan’s solar industry.
Based on my recent visits to Karachi and Lahore solar markets and discussions with installers, importers, and buyers, this price surge is real, widespread, and already impacting purchasing decisions across the country.
Why Are Solar Panel Prices in Pakistan 2026 Increasing?
Several interconnected local and global factors are driving the rise in solar panel prices in Pakistan 2026. Unlike past fluctuations caused by currency instability alone, this increase has deeper structural reasons.
Global Raw Material Costs Are Rising
Chinese manufacturers—Pakistan’s primary solar suppliers—are facing higher production costs due to:
- Rising silver prices (used in photovoltaic cells)
- Increased copper costs (essential for wiring and conductivity)
- Higher energy and logistics expenses
According to industry insiders, these increases have directly raised manufacturing costs, which are now being passed on to importing countries like Pakistan.
Updated Solar Panel Prices in Pakistan 2026 (Market Rates)
Here’s a realistic snapshot of current market prices that I personally confirmed from multiple dealers:
585-Watt Solar Panel Price
- Current price: Rs. 20,000 – Rs. 21,000
- Previous price: Rs. 16,000 – Rs. 17,000
645-Watt Solar Panel Price
- Current price: Rs. 24,000 – Rs. 25,000
- Previous price: Around Rs. 20,000
720-Watt Solar Panel Price
- Current price: Rs. 30,000 – Rs. 35,000
- Previous price: Rs. 22,000 – Rs. 25,000
The 720W category has experienced the steepest jump, mainly due to higher efficiency demand and limited availability.
Per-Watt Solar Panel Cost Trend in 2026
A major concern for buyers is the rapid rise in the per-watt cost.
Saleem Memon, Vice President of the Karachi Electronics Dealers Association, explained in an interview with The Express Tribune that:
- Per-watt prices have increased from Rs. 22 to Rs. 33 in just five months
- If demand remains strong, prices may reach Rs. 40 per watt in coming months
This makes solar panel prices in Pakistan 2026 one of the hottest cost-discussion topics in the energy sector.
Role of Taxes and Import Duties
Another major contributor to rising solar panel prices in Pakistan 2026 is government taxation.
Key tax-related factors:
- Import taxes on Chinese solar panels
- Additional customs duties
- Higher freight and clearance costs
While these measures aim to regulate imports and increase revenue, they also raise the final cost for end consumers.
Is Demand Still Strong Despite High Prices?
Yes—and that’s a critical reason prices continue to climb.
Why demand remains high:
- Escalating electricity tariffs
- Frequent load-shedding
- Increased awareness of long-term solar savings
- Net metering incentives
From my own observation, many buyers are still proceeding with installations, believing solar remains cheaper over 5–10 years despite higher upfront costs.
Local Competition & Inventory Situation
Interestingly, Pakistan still holds large solar panel inventories due to heavy imports over the past two years.
What this means:
- Short-term shortages are unlikely
- Prices are rising due to cost pressure, not scarcity
- Competition among brands slightly cushions extreme spikes
However, newer and higher-efficiency panels are entering the market at premium prices.
Solar Battery Prices Also Rising in 2026
The cost increase isn’t limited to panels alone.
Battery price trend:
- Solar battery prices have increased by around 10% in the last month
- Lithium-ion and tubular batteries are both affected
This further raises the overall cost of a complete solar system, making budgeting more challenging for households.
What to Expect Next for Solar Panel Prices in Pakistan 2026?
Based on current trends and expert insights:
Short-term outlook:
- Prices likely to remain high or increase further
- Per-watt cost may touch Rs. 38–40
Long-term outlook:
- Prices may stabilize if:
- Global raw material costs fall
- Import taxes are revised
- Local manufacturing improves
Should You Buy Solar Panels in 2026?
Despite the surge in solar panel prices in Pakistan 2026, solar energy still makes financial sense for many users.
Buy now if:
- Your electricity bills are extremely high
- You plan long-term residence
- You can absorb initial costs
Wait if:
- You’re budget-constrained
- Your consumption is low
- You expect policy or tax relief
Conclusion
Solar panel prices in Pakistan 2026 have risen sharply due to global raw material inflation, import taxes, and strong domestic demand. While the cost increase is undeniable, solar energy remains a viable and strategic investment against rising electricity prices.
From firsthand market analysis, expert commentary, and real price checks, one thing is clear: solar in Pakistan is evolving—and informed buyers will always benefit the most.
