Solar Panel Prices Increase Massively in 2026

By: Shoaib Tahir

On: Monday, January 19, 2026 9:34 AM

Solar Panel Prices Increase Massively in 2026
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Solar Panel Prices Increase Massively. Solar energy has become one of the fastest-growing power solutions in Pakistan. Rising electricity bills and load-shedding have pushed households and businesses toward solar systems. However, the start of 2026 has brought unexpected news for buyers. Solar panel prices have increased massively across Pakistan, making it more expensive for consumers to switch to renewable energy.

According to market sources and industry insiders, prices of popular imported Chinese solar panels have jumped sharply in just a few weeks. This article explains the latest solar panel prices in 2026, the key reasons behind the increase, and what it means for Pakistani consumers planning to install solar systems.

Solar Panel Prices in Pakistan See Sharp Increase in 2026

Since the beginning of January 2026, solar panel prices in local markets have moved significantly upward. Retailers across major cities, including Karachi, Lahore, and Islamabad, confirm that buyers are now paying thousands of rupees more per panel compared to late 2026.

The price hike is most visible in high-capacity Chinese solar panels, which are widely used in residential and commercial installations.

Latest Solar Panel Prices in Pakistan (January 2026)

Below is a comparison of old and new prices for commonly used solar panels:

Solar Panel CapacityOld Price (PKR)New Price (PKR)
585-wattRs. 16,000 – 17,000Rs. 20,000 – 21,000
645-wattAround Rs. 20,000Rs. 24,000 – 25,000
720-wattRs. 22,000 – 25,000Rs. 30,000 – 35,000

Retailers report an average increase of nearly Rs. 5,000 per panel, with the 720-watt category experiencing the steepest jump.

Why Have Solar Panel Prices Increased So Much?

The price surge is not random. Several global and local factors are pushing solar panel costs higher in Pakistan.

1. Rising Global Silver and Copper Prices

According to Karachi Electronics Dealers Association, higher global prices of silver and copper have increased manufacturing costs for Chinese solar companies. These metals are essential components in solar panel production.

As production costs rise, manufacturers pass the impact on to importers, wholesalers, and finally, end consumers.

2. Per-Watt Price Surge

Industry insiders confirm that the per-watt price of solar panels has increased sharply in recent months.

  • Five months ago: Around Rs. 22 per watt
  • January 2026: Around Rs. 33 per watt

Experts warn that if global trends continue, the per-watt rate could reach Rs. 40 in the coming months, making solar installations even more expensive.

3. Import Taxes on Chinese Solar Panels

Another major reason behind rising prices is import-related taxes and duties imposed on Chinese solar panels. These additional costs directly affect retail pricing in Pakistan.

Even though solar energy is promoted as a clean alternative, taxation policies have added financial pressure on importers and dealers.

4. Strong Public Demand for Solar Systems

Despite higher prices, demand for solar panels remains strong in Pakistan. Frequent electricity tariff hikes and unreliable grid supply continue to push consumers toward solar solutions.

High demand, combined with rising costs, has further fueled the price increase.

Competition and Inventory Situation in Pakistan

Interestingly, experts say that Pakistan still holds large solar panel inventories. Imports have remained high over the past two years, which has helped prevent an even sharper price shock.

While competition among solar technologies at the local level continues to influence pricing, rising input costs are currently outweighing competitive pressure.

Solar Battery Prices Also Increase

The cost hike is not limited to solar panels alone.

Solar Battery Price Update 2026

Dealers report that solar battery prices have increased by around 10% in the past month. Batteries are a crucial part of off-grid and hybrid solar systems, and higher battery prices further increase the overall installation cost.

This means consumers now face higher expenses for:

  • Solar panels
  • Inverters
  • Batteries
  • Complete solar systems

Impact on Pakistani Consumers

The massive increase in solar panel prices has created mixed reactions in the market.

For New Buyers

  • Higher upfront installation costs
  • Longer payback period on solar investment
  • Budget adjustments needed for complete systems

For Existing Solar Users

  • Higher expansion or upgrade costs
  • Increased resale value of installed panels

Is Solar Still Worth It in 2026?

Despite rising prices, energy experts believe that solar power remains a long-term cost-saving solution in Pakistan.

Electricity tariffs continue to rise, and grid reliability remains uncertain. Even with higher installation costs, solar systems can still:

  • Reduce monthly electricity bills
  • Provide energy independence
  • Protect against future tariff hikes

Market Outlook: Will Prices Increase Further?

According to industry representatives quoted by The Express Tribune, further price increases cannot be ruled out.

Key risks include:

  • Additional hikes in global metal prices
  • New import duties
  • Increased demand during summer months

If these factors persist, solar panel prices in Pakistan may rise even further in mid-2026.

Tips for Buyers Planning Solar Installation

If you are planning to install solar panels in 2026, consider these tips:

  • Compare prices from multiple dealers
  • Verify panel authenticity and warranty
  • Consider slightly lower wattage panels to reduce cost
  • Plan installation before peak summer demand
  • Include future battery expansion in your budget

FAQs About solar panel prices increasing in Pakistan?

Why are solar panel prices increasing in Pakistan?

Prices are rising due to higher global silver and copper costs, import taxes on Chinese panels, and strong local demand.

Which solar panel size saw the biggest price jump?

The 720-watt solar panel category experienced the sharpest increase in 2026.

Have solar battery prices also increased?

Yes, solar battery prices have increased by around 10% in the past month.

Can solar panel prices go higher in 2026?

Yes, experts warn that per-watt prices could rise further if global and local pressures continue.

Conclusion

The massive increase in solar panel prices in 2026 has reshaped Pakistan’s renewable energy market. Higher global manufacturing costs, import taxes, and strong demand have pushed prices to record levels, affecting both panels and batteries.

While solar energy is no longer as cheap as it was in 2026, it still offers long-term benefits for Pakistani households and businesses. Buyers should stay informed, plan carefully, and make smart purchasing decisions to manage rising costs effectively.

Shoaib Tahir

With a key role at the Prime Minister’s Office, Sohaib Tahir oversees documentation and verification of government schemes and policy announcements. Through accurate reporting and transparent communication, he ensures JSF.ORG.PK audiences receive trustworthy insights on national programs and official initiatives.

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