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Solar Panel Prices in Pakistan Jump at Start of 2026

Dealers say higher silver and copper costs alongside import taxes are driving the spike.

Overview

  • Retail prices for imported Chinese panels have climbed by roughly Rs5,000 for common 585W, 645W and 720W models.
  • The 585W panel now sells for about Rs20,000–21,000, the 645W for Rs24,000–25,000, and the 720W for Rs30,000–35,000 in local markets.
  • The per‑watt price has risen from around Rs22 to Rs33 over the past five months, according to importer and industry representative Saleem Memon.
  • Memon cautioned that per‑watt prices could approach Rs40 in the coming months if current global and local trends persist.
  • Industry sources note substantial domestic inventories from heavy imports over the past two years, while battery prices have increased by around 10% in the last month.