Latest Solar Panel Price in Pakistan: Rates Decreases Massively Across Pakistan

As of April 18, 2025, solar panel prices in Pakistan have continued to decline significantly, driven by government policy changes, increased imports, and global technological advancements. The per-watt price for A-grade solar panels ranges from Rs. 25 to Rs. 37, with some regions reporting up to a 25% price drop.

Latest Solar Panel Prices (Per Watt)

Below are the updated per-watt prices for A-grade solar panels from top brands as of April 18, 2025:

• Longi Solar: Rs. 25–37
  • Hi-MO X10 (580W): ~Rs. 14,500–21,460
  • Bifacial Hi-MO 7 (600W): ~Rs. 19,800
• Jinko Solar: Rs. 25–30.50
  • Tiger Neo N-type (580W): ~Rs. 14,500–17,690
• Canadian Solar: Rs. 27–34.50
  • Mono PERC (575W): ~Rs. 15,525–19,837
  • 600W: ~Rs. 16,200–20,700
• JA Solar: Rs. 25–31
  • MBB Half Cell (600W): ~Rs. 15,000–18,600
• Trina Solar: Rs. 28–33.25
  • Bifacial N-type (595W): ~Rs. 16,660–19,773
  • 600W: ~Rs. 16,800–19,950

B-grade Panels: Rs. 20–25 per watt (e.g., 550W: ~Rs. 11,000–13,750)

Note: Prices vary by city (e.g., Karachi, Lahore, Islamabad) due to transportation costs and dealer margins. For example, Karachi and Lahore offer lower rates (~Rs. 25–30/watt), while Peshawar and Quetta may see higher prices (~Rs. 30–37/watt).

Solar System Costs

Complete solar system costs, including panels, inverters, batteries, and installation:

• 5kW System: Rs. 440,000–550,000 (produces 15–20 kWh/day)
• 7kW System: ~Rs. 600,000
• 10kW System: Rs. 800,000–1,200,000
• 12–15kW System: Rs. 1,200,000–2,000,000

Battery Prices

• Lithium Battery: ~Rs. 380,000 (down from Rs. 400,000)
• Tubular Battery: ~Rs. 55,000 (down from Rs. 70,000)
• AGS Battery (e.g., CR65L+): ~Rs. 12,100
• Osaka Battery (e.g., MF-100L): ~Rs. 18,000

Why Prices Are Dropping

Recent developments have further reduced solar panel prices:

1. Net Metering Policy Changes: The government reduced buyback rates to Rs. 10/unit and lowered solar capacity limits, causing a market price drop of up to Rs. 175,000 for systems.
2. Increased Imports: Pakistan imported 8,000 MW of panels in 2024, mostly from China, boosting supply.
3. Global Advancements: High-efficiency HJT technology and cheaper manufacturing have lowered costs.
4. Tax Exemptions: Government waivers on import taxes continue to make panels more affordable.
5. Market Competition: Increased local demand and more suppliers have intensified competition, reducing prices.

Regional Price Variations

• Hyderabad/Sindh: A-grade 585W panels dropped from Rs. 22,000 to Rs. 16,500 (~25% reduction).
• Karachi/Lahore: Lowest prices (~Rs. 25–28/watt) due to wholesale markets.
• Peshawar/Quetta: Higher prices (~Rs. 30–37/watt) due to transport costs.

How to Buy Solar Panels

1. Choose a Panel Type:
   • Monocrystalline: 20% efficiency, ideal for homes (Rs. 25–37/watt).
   • Polycrystalline: 16–18% efficiency, cheaper (Rs. 20–25/watt).
   • Bifacial: Higher output, Rs. 25–33/watt.
2. Verify Authenticity:
   • Check serial numbers and buy from authorized dealers (e.g., Alpha Solar, w11stop.com).
   • Visit wholesale markets in Karachi (Saddar) or Lahore (Hall Road) for better deals.
3. Contact Suppliers:
   • Alpha Solar: Call or fill out the quotation form at alphasolar.com.pk.
   • Pakistan Solar Market: Visit pakistansolarmarket.com for daily updates.
   • General Inquiry: Contact local dealers or check solarpanelpricesinpakistan.com.pk.

Additional Costs

• Inverters: Rs. 50,000–320,000 (depending on capacity).
• Installation: Rs. 10,000–20,000/kW for residential systems.
• Green Meter (Net Metering): Rs. 100,000–150,000.

Benefits of Solar Panels

• Cost Savings: A 5kW system saves 300–400 units/month, reducing bills by ~Rs. 19,500 at Rs. 65/unit.
• Net Metering: Sell excess power at ~Rs. 10/unit.
• Durability: A-grade panels last 25–30 years with HJT technology.
• Government Support: Tax breaks and financing (e.g., Meezan Bank) available.

Challenges

• Net Metering Cuts: Reduced buyback rates have sparked concerns, with the Solar Association criticizing the policy as detrimental to the industry.
• Price Volatility: Prices fluctuate due to dollar rates and import tariffs.

Why Now Is the Best Time to Buy

With prices at record lows (e.g., 585W panels at Rs. 16,500) and government incentives, April 2025 is an ideal time to invest in solar energy. The declining costs and high electricity rates (Rs. 65/unit) make solar a cost-effective solution for homes, businesses, and farms.