19/01/2026
Solar panel prices in Pakistan have surged due to rising global costs of raw materials like silver and copper, as well as increased local demand and import duties. The average per-watt price has increased significantly in recent months.
Current Price Overview
Prices for popular imported Chinese panels have risen by an average of around Rs. 5,000 per unit across different wattage categories since the beginning of 2026.
Panel Wattage Previous Price Range (PKR) Current Price Range (PKR) Per-Watt Cost (PKR)
585 W Rs. 16,000–17,000 Rs. 20,000–21,000 30–33
645 W Rs. 19,500–20,500 Rs. 24,000–25,000 37–39
720 W Rs. 22,000–25,000 Rs. 30,000–35,000 34–42
Key Factors Behind the Surge
Global Raw Material Costs: The international prices of key metals like silver and copper, as well as other materials like silicon, aluminum frames, and glass, have risen, directly pushing up manufacturing costs in China, the primary source of Pakistan's solar panels.
Import Duties and Taxes: Import duties on Chinese panels have contributed to the escalating local prices. Some traders also mention the removal of a 13% VAT rebate on exports from China.
High Local Demand: Soaring domestic electricity tariffs and frequent power outages have driven a massive surge in demand for solar energy solutions in Pakistan, which allows for higher prices to be sustained in the market.
Currency Fluctuations: As Pakistan heavily relies on imports, the exchange rate between the Pakistani Rupee and other currencies, especially the US Dollar, can amplify the final landed cost of solar panels.
Industry experts warn that if current trends persist, the per-watt price could rise further, potentially reaching Rs. 40 soon.