Overview
- Market sources reported that retail solar panel prices in Lahore have dropped about Rs4,000 to Rs9,000 following recent cuts to petrol and diesel, a change attributed to lower logistics costs.
- Dealers told the Daily Times they expect further reductions in panel prices in the coming weeks if petroleum rates hold steady, but the outlook depends on continued fuel-price stability.
- Battery prices, which previously rose roughly Rs27,000 to Rs38,000 per unit when fuel costs were high, are now widely expected by analysts and traders to ease as distribution expenses fall.
- Industry stakeholders say the fuel-driven price relief could make residential and commercial solar systems more affordable and may increase uptake among households and businesses.
- The reporting is based on traders, dealers and market sources and has not been independently verified; the mechanism cited is lower transport and distribution costs feeding through to final retail prices.