Solar Panel Prices in Pakistan

In Pakistan, solar panel installations are gaining momentum, with more households and industries investing in this technology. The rise in demand has also led to competitive solar panel prices in Pakistan 2024, making them more affordable for many consumers. With different options available, solar energy is becoming a practical solution to deal with rising energy costs.

Solar energy is the best alternative to traditional electricity, and solar panel installations are getting more popular in Pakistan due to the increasing electricity bills. People use solar power to save money on energy costs and get energy from a cleaner, more environmentally friendly source. Solar panels turn light from the sun into electricity, which helps homes and companies stay powered and lowers the cost of electricity.

If you want to switch to solar energy, you should learn about the different kinds of panels, how they work, and how much they cost. This guide will cover everything you need to know, including the latest solar panel prices in Pakistan and how to choose the right system for your needs.

What Are Solar Panels?

Solar panels are tools for converting solar energy into useful electricity. Such panels are made up of many smaller parts called solar cells, which are usually made of silicon. The cells make a power current when sunlight strikes them. This energy can power homes, schools, offices, and other places. The best part is that solar energy is renewable, which comes from a source we won’t run out of—unlike oil or coal. Also, solar panels do not contribute to environmental degradation, unlike other energy sources.

How Do Solar Panels Work?

Solar panels absorb light from the sun and transform it into electricity.  Inside the solar cells, sunlight excites the particles and generates energy. It comes in a type of direct current (DC). However, residences and companies use alternating current (AC). A transformer is needed to change DC power to AC power. Once the energy is converted, it can run devices like lights, TVs, and refrigerators. Extra power can be saved in batteries for later use, like at night or when the power goes out.

Solar Panel Rates in Pakistan

In Pakistan, the cost of solar panels can change based on the panels’ brand, type, and power. As of September 2024, solar energy solutions are becoming more affordable, making it easier for people to switch to clean, renewable energy. Below are the rates for popular solar panels in the local market.

Current Solar Panel Prices in the Local Market 

  • Branded Solar Panels: Prices range from Rs 30 to Rs 36 per watt.
  • Local Solar Panels: Prices range from Rs 27 to Rs 30 per watt.

Local Market Solar Panel Prices in Pakistan

A-Grade Solar Panels 

Brand & SpecificationsPrice Per Watt (Rs)
Longi Himo 5 Single Glass/Monofacial29
Jinko P-type Single Glass/Monofacial29
JA Single Glass/Monofacial28
Canadian Single Glass/Monofacial29
Eging Single Glass28
Rena Double Glass28
Jinko N-type Monocrystalline31
Longi Himo 5 Bifacial29
Astro Energy N-type Bifacial27
Phono N-type Bifacial31
Trina N-type Monocrystalline32
Longi Himo 7 N Type Bifacial32

B-Grade Solar Panels 

Brand & SpecificationsTotal Price Per Panel (Rs)
Longi 550 Watts B-grade Size 45/9014,100
Jinko 550 Watts B-grade Non-Documented Size 45/9014,100
Canadian 650 Watts B-grade21,200
JA 550 Watts B-grade Non-Documented Size 45/9013,760
650 Watts B-grade19,900
450 Watts B-grade12,000
350 Watts B-grade10,000

Longi Solar Panel Prices in Pakistan 

Brand & SpecificationsPrice Per Watt (Rs)Price Per Panel (Rs)
Longi Hi-Mo 6 565/575/570/580/585 Watt Single Glass2916,820
Longi Hi-Mo 7 580 Watt Single Glass 18 Bus Bar N-type3117,980
Longi HiMo 5 560/555 Watt Single Glass P-type Monofacial2916,095
Longi HiMo 5 540/535 Watt Single Glass P-type Bifacial2915,660

JA Solar Panel Prices in Pakistan 

Brand & SpecificationsPrice Per Watt (Rs)Price Per Panel (Rs)
JA N-type Bifacial 580 Watt 16 Bus Bar2916,820
JA 540 Watts Single Glass A-grade Documented2815,400
JA 565 Watts Single Glass Tier One A-grade2816,820
JA 550 Bifacial/Double Glass Tier One A-grade2815,120

Jinko Solar Panel Prices in Pakistan 

Brand & SpecificationsPrice Per Watt (Rs)Price Per Panel (Rs)
Jinko N-type 580 Watt A-grade Documented Price3117,980
Jinko N-type 580 Watt A-grade Bifacial3117,980
Jinko P-type A-grade Tier 1 555 Watts2916,095
Jinko P-type A-grade Tier 1 560 Watts2916,240
Jinko P-type Bifacial A-grade Tier 1 540 Watts2915,660

Canadian Solar Panel Prices in Pakistan 

Brand & SpecificationsPrice Per Watt (Rs)Price Per Panel (Rs)
Canadian Topcon 575 Watt3117,825
Canadian 650 Watt2918,850
Canadian 555 Watts Tier 1 Single Glass A-grade Documented2916,095
Canadian 545 Watts Single Glass A-grade2915,805
Canadian 550 Watts Single Glass A-grade2915,950

Solar Panels Prices in Various Cities of Pakistan

CityPrice per Watt (Rs.)
Islamabad29 to 34
Bahawalpur29 to 34
Rawalpindi29 to 34
Lahore29 to 34
Quetta29 to 35
Faisalabad29 to 32
Peshawar30 to 34
Karachi29 to 31

Solar Panel Prices in Pakistan: Comparison for Different Wattages

Here’s a comparison table focused on the solar panel prices in Pakistan for different wattages:

Solar Panel WattagePrice Range (Rs.)
700-watt panelRs. 24,000 to Rs. 27,000
500-watt panelStarting from Rs. 21,500
570-watt panelApprox. Rs. 19,380
600-watt panelApprox. Rs. 21,600
5000-watt (5kW) systemRs. 705,000 to Rs. 850,000
5kW Solar SystemRs. 10 to 14 lakh
10kW Solar SystemRs. 20 to 26 lakh
Solar Panel Lifespan25-30 years
This table gives a clear breakdown of solar panel prices in Pakistan across various wattages.

Types of Solar Panels

Here are some common types of solar panels:

Monocrystalline Solar Panels

Monocrystalline solar panels are made from just one crystal of silicon. They are very good at turning sunshine into electricity, making more power in a smaller area. The smooth black color and curved ends of these panels make them stand out.

Also, they’re very strong and can last over 30 years. They are, however, more expensive than other kinds of panels. Even though they cost more, many people choose them because they work well and last a long time.

  • Highly efficient and durable
  • Long-lasting with a lifespan of 30+ years
  • Requires less space for installation
  • Performs well in high temperatures
  • Generally more expensive

Polycrystalline Solar Panels

To make polycrystalline panels, many pieces of silicon are melted together. However, they are less effective than monocrystalline panels but reasonable. They come in blue. This set of panels is square and has no curve.

Due to its ease of production and low waste rate, polycrystalline panels help keep costs down. They are a good choice if you’re looking for a budget friendly option, though they have a shorter lifespan of about 25+ years compared to monocrystalline panels.

  • More affordable and budget-friendly
  • Less waste during production
  • Less efficient than monocrystalline panels
  • Can degrade more quickly in high temperatures
  • Shorter lifespan of around 25+ years

Thin Film Solar Panels

The photovoltaic material in thin-film solar cells is very thin and is made of materials like CIGS, CdTe, or amorphous silicon. Because these panels are thin and bendable, they are easy to put up in various places. They have a blue-black appearance when sunlight hits them.

These panels are also less expensive and are suitable for large-scale installations where flexibility is needed. But they aren’t as good at power as crystalline panels, and they usually only last 10 years or less.

  • Lightweight and flexible
  • Easy to install and mold
  • Lower installation costs
  • Less efficient with lower power output
  • Shorter lifespan compared to crystalline panels

PERC (Passivated Emitter and Rear Cell) Panels

One type of better monocrystalline or polycrystalline panel is the PERC panel. They include an extra layer of silicon on the back that reflects more sunlight onto the cells, boosting efficiency. This layer helps the sun’s energy reach the cells deeper.

PERC panels are especially useful for producing more power in a smaller space and performing well in high and low temperatures. However, they are more costly due to the advanced technology and additional materials used.

  • Higher efficiency with more energy production
  • Works well in different temperatures
  • Similar energy output in less space
  • Higher cost compared to standard panels
  • More complex and expensive to produce

Bifacial Solar Panels

Bifacial panels are similar to PERC panels but can capture sunlight from the front and rear sides. This design lets them make more power, especially in places that reflect light well, like wet or sandy places. They are renowned for producing more energy as well.

These panels need special mounting systems to utilize their double-sided design fully. Despite their higher price tag, they can potentially reduce energy use when used appropriately.

  • Increased energy production from both sides
  • Effective in reflective environments
  • Higher installation and production costs
  • Requires specialized mounting systems

Comparison of Solar Panel Types

ParticularsMonocrystallinePolycrystallineThin-FilmPERC/Bifacial
CostHighMediumAffordableHighest
EfficiencyHighMediumLowerHighest
ColorSleek blackBlueBlue-black in sunlightVaries by variant
Pros– High efficiency- Heat resistant-Cost-effective-Less waste– Lightweight- Flexible– Improved efficiency- High power output
Cons– Expensive– Lower efficiency– Lower efficiency- Shorter lifespan– Highest cost- More complex manufacturing
Lifespan30+ Years25+ Years10+ Years35+ Years

Solar Panel Manufacturers in Pakistan

Reon Energy Limited

Reon Energy Limited, part of the Dawood Hercules Corporation, operates from its headquarters in Karachi, with additional branches in Lahore and Islamabad. The company specializes in meeting the solar energy needs of both commercial and industrial sectors.

Premier Energy (Pvt) Ltd.

Premier Energy is renowned for its high quality solar products and is a leading name in Pakistan’s solar energy market. Home and business owners can use it, and it’s famous for providing excellent and reliable service.

Pantera Energy Limited

Pantera Energy Limited is a key player in Pakistan’s solar industry, focusing on making solar energy affordable and accessible. The company has an office in Lahore and plans to build big solar projects nationwide.

Pakistan Solar Services

Pakistan Solar Services, which is also known as Pak Solar, is a leader in the field of green energy. The company has a long history of providing high-quality solar solutions for residential and agricultural use, earning high customer ratings.

ZI Solar

ZI Solar is known as one of the leading solar manufacturers in Pakistan. The company produces excellent customer service and high quality solar products, maintaining a strong reputation in the industry.

Alpha Solar

Alpha Solar is known for its high-efficiency solar panels and has become a prominent name in Pakistan’s solar market. The company is popular for its innovation and effectiveness in solar energy solutions.

Shams Power

Shams Power is a leading solar company in Pakistan, offering competitive pricing and reliable solutions for residential and commercial customers. The company is recognized for its excellent service and value for money.

Factors Affecting Solar Panel Rates in Pakistan

Effect of Solar Panel Size:

Solar panels cost more depending on size. Bigger panels usually make more energy, but they might cost more. Choosing the right size depends on the energy needs and available space.

Effect of Solar Panel Efficiency:

Turning more sunlight into power through solar panels could change prices. Investing in efficient panels can benefit long term energy savings and optimal performance.

Brand and Quality Effect:

The price of solar panels has a major impact on factors such as brand and quality. While more expensive, popular brands typically provide superior performance and durability due to their reputation for trustworthiness and superior quality.

Government Incentives and Subsidies:

Incentives and subsidies from the government can affect the final price of solar panels. With government help, the initial cost can be lowered, which makes solar energy more affordable for people.

Installation and Maintenance Costs:

The costs of installing and maintaining solar panels depend on how they work and the service provider. Higher installation costs can make the total investment bigger, but regular care keeps things running smoothly and efficiently for a long time. i.e. not using Electric Stove when voltage is low.

Conclusion

Solar energy is the future, and its demand in Pakistan is rapidly increasing due to the rising cost of electricity and the need for sustainable solutions. Setting up solar panels is the cheapest and best way to reduce energy costs. People are looking for solar panel prices in Pakistan, with various types, brands, and prices available, consumers can easily find the right system that fits their energy needs and budget.

Investing in solar panels helps households and businesses save money in the long run and also plays an important role in reducing reliance on nonrenewable energy sources. As more people turn to solar power, the country moves closer to a greener and cleaner future. You can help the environment and your wallet by switching to solar power. It’s ideal to investigate solar energy alternatives and make the move right now.

FAQs:

The cost to install solar panels in Pakistan depends on the panel type, system size, and brand. Generally, it ranges from PKR 100,000 for small homes to over PKR 500,000 for bigger setups. In the long run, you save money on your energy bills, even though the cost is high at first.

The Solar Panel Prices in Pakistan for a 700-watt panel typically range between Rs. 24,000 to Rs. 27,000, depending on the manufacturer and panel features.

The Solar Panel Prices in Pakistan for a 500-watt panel generally start at around Rs. 21,500. Prices may differ depending on the brand, quality, and installation cost.

The Solar Panel Prices in Pakistan for a Canadian Solar 570W BI-FACIAL N Type PV Module are approximately Rs. 19,380, though prices may vary depending on the seller and other factors.

The Solar Panel Prices in Pakistan for a 5000-watt (5kW) solar system range from Rs. 705,000 to Rs. 850,000. The price is based on the quality of the solar panels and inverting devices.

The Solar Panel Prices in Pakistan for a 600-watt panel vary depending on the brand, specifications, and efficiency. On average, a 600-watt panel costs around Rs. 21,600.

The average price of a 5kW solar panel system in Pakistan ranges from Rs. 10 to 14 lakh, depending on the type of solar system. For a 10kW solar panel system, the cost varies between Rs. 20 to 26 lakh, primarily influenced by the electricity load and system specifications.

Most solar panels last between twenty-five and thirty years. They work well during this time, with only a small drop in efficiency each year. Even after 30 years, they still produce electricity, making them a good investment for long term energy savings.

Solar panels are a great choice for Pakistan because of the sunshine and rising electricity costs. They use clean, renewable energy and help cut down air pollution. By switching to solar, Pakistan can lower pollution, save on bills, and secure energy for the future.

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