Solar Prices tumble in Pakistan amid changes in Net Metering System

Solar Prices Tumble In Pakistan Amid Changes In Net Metering System

ISLAMABAD – Solar prices in Pakistan are coming down as the government moves to cut buyback rates under new net metering policy. The rate for surplus electricity from rooftop solar systems comes down to Rs 10 per kilowatt hour, as government planned Rs4.3 trillion in a major overhaul.

The move sparked concern among existing solar users but comes at time when global solar panel prices are also falling, making installations more affordable for new consumers.

After the latest changes, Trina 340W Half-Cut Poly panel is currently priced at around Rs10,000, making it a budget-friendly choice for smaller installations. Mid-range options like Jinko 580W cost 18,560, Longi Hi-Mo 7 580W 19,000, and Canadian N-type 580W 19,250-19500.

Solar Panel Prices in Pakistan 2025

Solar Panel Type Wattage Price
Trina Half-Cut Poly 340W 10,370
Trina Half-Cut Mono PERC 450W 14,175
Trina Bi-Facial Mono 485W 15,035
Trina Vertex Half-Cut Mono PERC 535W 16,183
Trina Vertex Half-Cut Mono PERC 540W 16,740
Trina Mono Half-Cut 550W 16,500
Trina Half-Cut Mono PERC 545W 17,031
JA N-Type Bifacial 575W 16,962
JA N-Type Bifacial 590W 17,552
Trina N-Type 580W 17,400
Jinko 580W 18,560
Jinko 590W 19,322
Canadian N-Type 590W 19,470
Canadian N-Type 580W 19,285
Longi Hi-Mo 7 580W 19,140
Canadian N-Type 585W 19,597
Longi Hi-Mo X6 585W 19,451
Longi Hi-Mo 7 605W 19,965
Jinko 615W 20,141
Longi Hi-Mo 7 610W 20,130
Longi Hi-Mo X10 635W 24,765
Longi Hi-Mo X10 645W 25,800

The rares saw fluctuation due to oversupply pressuring the market. Those with rooftop solar users who counted on high buyback rates to recover their investment quickly may now face longer payback periods.

But there is Good news as New customers could benefit from cheaper installation costs, even if the grid pays them less for extra power.

The Dark Side Of Solar

South Asian nation with population 242 million has seen a rooftop solar explosion in recent years, with installations surging amid electricity price hikes and high net-metering payouts. Imports of solar panels skyrocketed to over $2 billion annually, with an estimated 48,000 MW worth of panels brought into the country—though only about 6,000 MW is actively producing due to efficiency constraints.

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