Today’s 550 Watt Solar Panel Price in Pakistan – UPDATED
550 Watt solar panel is mostly bought in Pakistan because of its proper electricity pruducing capacity and suitable price. This article will explore 550-watt solar panel prices in Pakistan, their price history, and their forecast.
The table below describes all companies’ 550 Watts solar panel prices in Pakistan.
Panel Properties | Price Per Watt | Total Rate |
Longi 550 W, Single Glass | 30 | 16,500 |
Longi Hi-Mo 5, 550 W Single Glass | 30 | 16,500 |
JA 550 W, Single Glass | 26 | 14,300 |
JA 550 W, Double Glass | 26 | 14,300 |
Doart N-Type – 550 W | 28 | 15,400 |
Canadian 550 W, Single Glass | 27 | 14,850 |
Jinko 550 W, Single Glass | 27 | 14,850 |
Jinko P-type 550 W, Double Glass | 27 | 14,850 |
Trina 550 W, Single Glass | 26 | 14,300 |
Trina 550 W, Double Glass | 26 | 14,300 |
Solar panel prices have decreased continuously since the end of 2023 and have reached their lowest point ever. Hence, it is considered the best time to buy solar panels. To inform you of the latest price trends and previous stats, we’ve made a chart that indicates the monthly average solar panel price in Pakistan per watt during 2024.
Note: Click on a specific point to know the price for that month.
The Tribune, an internationally affiliated newspaper in Pakistan, published an article on 12th May 2024 describing why solar panel prices are decreasing gradually. The first reason mentioned in the article is the excessive import of solar panels. As the supply of a product increases, its price starts declining due to comparatively low demand.
The second reason is the offloading of panels by Chinese companies, as they start manufacturing 610, 650, and 670 Watts solar panels with the latest HJT technology. Since modern solar panels are near to being introduced in the market, the price of regular solar panels may fall further.
The chart below shows the price forecast chances for next month.
Invalid ShortCode...!As we’ve seen, solar panel prices are decreasing daily; the reasons that affect solar panel prices are mentioned below:
If you face variations in 550-watt solar panel prices in Pakistan, especially in distant areas, don’t worry; it is a common practice, and we’ve explained why we might encounter such little variations in Solar Panel Prices in Pakistan. Some reasons are given below: