Solar panel prices drop in Pakistan – March 2025

The prices of solar panels in Pakistan have significantly decreased following amendments to the federal government’s net metering policy. These changes have lowered the cost of installing solar systems, making renewable energy more accessible to consumers.

As a result of the policy update, solar panel prices in local markets have dropped between Rs35,000 and Rs175,000, depending on system capacity and location. This price reduction has encouraged more individuals and businesses to consider solar energy as an alternative to costly grid electricity.

Latest Solar Panel Prices in Pakistan

The revised costs for solar systems are as follows:

• 5 kW system – Rs5,00,000 to Rs5,50,000
• 7 kW system – Around Rs6,00,000
• 10 kW system – Above Rs8,00,000
• 12-15 kW system – Over Rs1.2 million

The government has also adjusted the net metering buyback rate, lowering it to Rs10 per unit. Additionally, new regulations have introduced net billing for new solar consumers and reduced the allowed installation capacity to 10% above the sanctioned load, down from the previous 50%. These measures aim to control the financial strain caused by the increasing number of solar users on the national grid.

While the updated policy seeks to balance energy costs, it has sparked mixed reactions. Some industry experts believe the lower buyback rate and capacity restrictions could slow down the solar sector’s growth.

However, the reduction in upfront costs has made solar panel installations more feasible for many consumers.

Despite concerns, Pakistan’s solar market remains dynamic, with a rising interest in solar installations due to the price drop. The coming months will determine how these policy changes impact the country’s renewable energy landscape.

Read More: Solar prices drop significantly in Pakistan