With the increasing demand and rising cost of electricity, solar panels have become more popular than ever, and their prices change frequently. This article will explore solar panel prices in Pakistan, their price history, and the factors affecting them.
Solar Panel Price in Pakistan – 18th February 2025
The latest solar panel rates for different companies and specifications are mentioned in the table below.
Panel Properties
Price Per Watt
Total Rate
Longi Hi-Mo 7 – 580 W
32
18,560
Longi Hi-Mo 6 – 580 W
31
17,980
Longi Hi-Mo 6 – 565 W
30
16,950
Jinko N-Type bifacial – 580 W
33
19,140
Canadian N-type – 580 W
30
17,400
JA N-Type bifacial – 575 W
30
17,250
Doart N-Type – 580 W
28
16,240
Trina N-Type – 550 W
26
14,300
ZN Shine Single – 545 W
27
14,715
Max Power – 580 W
28
16,240
The above table shows the prices for A-grade solar panels from different companies. Moreover, a brief price table of some popular solar companies is given below:
Longi Solar Panel Price in Pakistan
Here is a table of Longi Solar Panel Prices in Pakistan:
Panel Properties
Price Per Watt
Total Rate
Longi 500 W Single Glass
30
15,000
Longi 550 W Single Glass
30
16,500
Longi 555 W Single Glass
30
16,650
Longi Hi-Mo 5, 540/535 W P-type Bifacial
30
16,200
Longi Hi-Mo 5, 555/560 W P-type Mono Facial
30
16,800
Longi Hi-Mo 6, 565-570-575-580-585 W
31
17,980
Longi Hi-Mo-7, 580-600 W N-type
32
18,560
Canadian Solar Panel Price in Pakistan
Here is a table of Canadian Solar Panel Prices in Pakistan:
Panel Properties
Price Per Watt
Total Rate
Canadian 545 W, Single Glass
27
14,715
Canadian 550 W, Single Glass
27
14,850
Canadian 555 W Tier 1, Single Glass
27
14,985
Canadian Topcon Panel, 575 W
28
16,100
Canadian N-type, 580 W
32
18,560
Canadian 650 W
27
17,550
JA Solar Panel Price in Pakistan
Here is a table of JA Solar Panel Prices in Pakistan:
Panel Properties
Price Per Watt
Total Rate
JA 540 W Single Glass
26
14,040
JA 540 W Double Glass
26
14,040
JA 550 W Single Glass
26
14,300
JA 550 W Bifacial/Double Glass
26
14,300
JA 565 W Single Glass
26
14,690
JA 575 W N-type Bifacial
30
17,250
JA 580 W N-type Bifacial
30
17,400
Jinko Solar Panel Price in Pakistan
Here is a table of Jinko Solar Panel Prices in Pakistan:
Panel Properties
Price Per Watt
Total Rate
Jinko 500 W Single Glass
27
13,500
Jinko 540 W Single Glass
27
14,580
Jinko 550 W Single Glass
27
14,850
Jinko P-type Baficial, 540 W
27
14,580
Jinko N-type, 575 W
28
16,100
Jinko N-type, 580 W
31
17,980
Jinko N-type Bifacial , 580 W
31
17,980
Trina Solar Panel Price in Pakistan
Here is a table of Trina Solar Panel Prices in Pakistan:
Panel Properties
Price Per Watt
Total Rate
Trina 330 W Poly Solar Panel
26
8,580
Trina 450 W Half Cut Mono Perc
26
11,700
Trina 485 W Bi-Facial Mono
26
12,610
Trina 545 W Half Cut Mono Perc
26
14,170
Trina 550 W Mono Half Cut
26
14,300
Trina 580 W N-type
29
16,820
History of Solar Panel Prices in Pakistan During 2024
Solar panel prices have decreased continuously since the end of 2023 and have reached their lowest point ever because of the HJT Technology. 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 prices in Pakistan during 2024.
Note: Click on a specific point to know the price for that month.
Factors Affecting Solar Panel Rates in Pakistan
As we’ve seen, solar panel prices are decreasing daily, but, in contrast, the prices of batteries and inverters are increasing slightly. The reasons that affect solar panel prices are mentioned below:
Market Demand: The supply and demand rule is one of the most important factors that can cause a shift in the solar panel price. As the demand increases, the rates go higher. On the other hand, when the supply increases, the rates fall.
Type and Quality: High-quality solar panels tend to be more efficient and have a longer life span as compared to low-quality solar panels. The type of solar panel, i.e., monocrystalline or polycrystalline, also impacts its price.
Size and Capacity: Larger solar panels can generate more power because they have a bigger surface area than small ones. They also need more raw materials for their formation in the factory, causing an increase in their cost.
Government Policies: The government of Pakistan is introducing new policies for solar panel consumers. These policies include new tax reliefs for consumers and net metering. The amount of these taxes or incentives can impact the price of a solar panel in Pakistan.
Regional Price Variations
If you face price variations in different regions, especially in distant areas of Pakistan, 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:
Transportation Costs: Getting panels from the factory to your local shop involves transportation costs. The more distance the panel travels, the more cost is added to its final. This means a panel becomes more expensive in areas far from production plants.
Availability Options: If there are limited solar panel brands or shops available in your region, there will be less competition, which could affect the pricing. If you have more options to buy, the prices will be more competitive.
Dealer Margins: If a solar panel goes to far areas, it will pass through many dealers, from importers to retailers. Every dealer will keep its margin, resulting in a high price of a panel for the final customer in distant regions.
Taxes and Government Regulations: Different regions, e.g., Punjab, Sindh, Federal, and KPK, may have varying sales tax rates and they can slightly impact the final price of a panel in different areas of Pakistan.
FAQs
There are a few major elements that determine the solar panel price, including supply and demand, quality, size, type, and electricity generating capacity of a panel.
Usually, the lifespan of a standard solar panel is about 20 years, but it can last up to 25 years with proper maintenance and care. Moreover, modern panels with the latest HJT technology can last even longer than previous ones.
Solar panels can work in extreme weather conditions. They can easily tolerate a temperature of 50-55 degrees Celsius, which is unbearable for a man. However, they can stop working near 80-85 degrees Celcius.
Solar panels do not need direct sunlight to produce electricity. They can work even when the weather is cloudy or during a full moon night. However, they can not generate electricity in darkness.
Monocrystalline solar panels can work more efficiently in low light or during cloudy days than other types of solar panel.