
Key Takeaway:
A confirmed policy shift in China is expected to raise global solar panel prices by 10% to 15% from April 1, 2026. For residential and commercial buyers, this creates a limited window to secure current inventory at 2025 pricing before higher costs take effect.
For the past few years, homeowners and businesses have benefited from historically low solar prices. The transition to renewable energy has been more accessible than ever before.
That pricing environment is now shifting.
Recent policy changes from China (the world’s largest producer of solar components) confirm that export costs are set to increase. Starting April 1, 2026, a structural price adjustment is expected to ripple through the global market.
What is Changing?
The Chinese government has announced the removal of value-added tax (VAT) rebates on exported photovoltaic products, including wafers, cells, and modules. Previously, these rebates helped manufacturers maintain lower export pricing.
Without this 9% tax incentive, production and export costs will rise. Industry analysts estimate a 10% to 15% increase in panel pricing from April onward.
Why This Matters for Singapore?
Because our local solar markets relies heavily on imported Chinese modules, global pricing shifts directly affect local installation costs.
- For Businesses: A 10-15% increase in hardware pricing can impact the internal rate of return (IRR) and may extend payback timelines for commercial rooftop projects.
- For Homeowners: Waiting until Q2 2026 could mean paying more for the same system as compared to installing today.
Early Procurement Has Already Begun
As news of the policy shift spreads, global developers and EPC contractors have begun securing inventory at its current low-cost pricing.
"Developers, EPC contractors, and distributors are trying to lock in prices and secure availability before conditions change." — Roberto Cavero García, Energy Consultant.
Increased demand ahead of April may tighten supply in February and March. Projects confirmed earlier are more likely to secure existing stock.
Secure Your Quote Before The Market Adjusts
The expected 10-15% pricing adjustment is a structural market change rather than a temporary fluctuation.
At GetSolar, our team is helping residential and commercial clients assess their options and secure current pricing where possible.
If you’ve been considering switching to solar, reviewing your numbers now could help you avoid higher installation costs later.
Click here for a free solar consultation or chat with us on WhatsApp for further details!
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