Lock In 2025 Solar Prices Before the 2026 Surge

Key Takeaway:
Rising equipment costs are on the horizon as global forecasts show solar prices could increase by up to 9% in 2026. For Singapore homeowners and businesses, 2025 may be the last chance to lock in today’s low rates and maximise long-term energy savings.

Over the past decade, solar energy has become one of the most cost-effective ways for Singapore's homes and businesses to cut energy costs and meet sustainability goals. As of early 2025, more than half of Singaporean businesses claimed to plan to invest in solar by 2030, driven by both emissions targets and strong financial incentives.

By the second quarter of 2025, Singapore recorded over 5,500 residential grid-connected solar photovoltaic (PV) installations — proof that solar adoption continues to rise. Thanks to continued technological improvements and manufacturing scale, solar panels have become more affordable than ever, allowing many to make the switch with confidence.

However, this era of ultra-low-cost solar may be nearing its end. Global experts now warn that recent developments in China’s manufacturing and export policies could push solar equipment prices up again in 2026, a change Singapore must watch closely.

Why Solar Prices May Rise Again in 2026

For years, solar modules and systems have become more affordable thanks to global competition and rapid manufacturing scale-up which have been driving prices down by almost 90% over the last decade. But this era of steep price drops is now slowing.

According to a recent analysis by Wood Mackenzie, the cost of solar modules and storage equipment is projected to rise by around 9% in late 2025, with further increases likely into 2026.

The key reason? China, the world’s largest solar manufacturer, has removed export VAT rebates for solar equipment, signalling a major policy shift. Combined with planned production cuts to stabilise domestic supply, these changes are expected to push global solar and storage prices up in the months ahead.

Industry watches are already calling it the end of the "cheap solar era":

• Electrek: "The era of cheap Chinese solar + storage is ending"
• EnergyNews: "China cancels VAT rebate and reshapes the global solar market"

In short, solar prices that once seemed to fall year after year are now levelling off and could soon climb again. For Singapore homeowners and businesses considering solar, waiting too long might mean paying more for the same system next year.

Why Acting Now Matters

Over the past few years, falling solar prices have made clean energy more accessible than ever. But with equipment costs expected to rise again in 2026, timing now plays an ever more critical role in your investment returns.

Whether you're running a business or managing a household, postponing your solar decision could mean higher upfront costs, reduced long-term savings, and a longer payback period once prices adjust.

At the same time, electricity tariffs in Singapore have been trending upward, and sustainability goals are becoming standard practice across industries. Acting this year allows you to lock in current rates and maximise both your financial and environmental benefits.

Before prices climb, take these proactive steps:

• Get a roof and load feasibility study. For businesses, this means assessing system size, roof structure, and energy demand. For homeowners, check your roof condition, available space, and household usage.
• Request a proposal that secures pricing and delivery, before the start of Q1 2026.
• Work with an experienced provider that offers supply chain transparency, uses quality components, and a proven track record of timely installations.

How To Stay Ahead of Rising Costs

The best way to safeguard your savings is to lock in your solar project before 2026. By securing your system this year, you can fix major cost components before suppliers adjust prices.

Even if your installation happens later, start planning now by doing early site surveys, structural checks, and permit approvals help you avoid project delays when demand spikes.

To make the move easier, GetSolar's Rent-to-Own (RTO) plan allows homeowners and businesses to install solar with $0 upfront, locking in 2025 prices while enjoying immediate savings. It's a flexible way to future-proof your energy costs without heavy capital investment.

And as always, partner with a responsive provider. Fast communication and transparent updates make all the difference when markets shift. If your current supplier is slow to respond, contact us today and we'll help you stay ahead of the 2026 surge.

In Summary: Lock In 2025, Save for the Future

The good news: solar remains one of the smartest investments for both businesses and homeowners**.** Equipment costs are still near historic lows, and solar continues to deliver strong energy savings, carbon reductions, and long-term returns.

The caution: this low-cost window may soon close. With Chinese policy shifts and tightening supply chains, module and system costs are forecasted to rise by around 9% in Q4 2025.

If you’ve been considering solar, now is the time to act — secure your proposal, lock in your equipment pricing, and future-proof your energy costs before the market adjusts.

With GetSolar's Rent-to-Own (RTO) plan, you can lock in 2025 prices with $0 upfront, making it simple and affordable to start saving from day one.

Get your instant free quote using our Solar Calculator. Our team will guide you through a quick assessment to see how solar can work for your business or home — before costs rise in 2026.