Solar Prices in Malaysia Are Increasing – Here’s Why You Should Lock In Now
Solar prices in Malaysia are expected to rise between 9% to 20% in the middle of 2026, marking the end of several years of historically low pricing. If you’ve been considering installing solar for your home, acting early could save you thousands.
So what’s driving this increase?
Why Are Solar Prices Going Up in 2026?
Several major global changes are pushing solar system costs higher.
1) Rising Raw Material Costs
Solar panels rely on key raw materials that have surged in price:
Silver prices are up 167% year on year
The solar industry consumes nearly 30% of global industrial silver
Silver’s share of module cost has jumped from 14% to over 20%, now exceeding silicon as the largest cost component
Copper, aluminum, and high-purity polysilicon prices remain elevated
These increases directly impact manufacturing costs — and eventually system prices for homeowners.
Source : Technode Global
2) Production & Supply Adjustments in China
China dominates global solar manufacturing. Recently, the top five manufacturers formed an alliance to strictly control production capacity after a prolonged period of low pricing. Multiple production lines have been shut down.
This signals a shift toward price stabilization at a higher level in 2026.
3) China’s PV Export Tax Rebate Cancellation (Effective 1 April 2026)
On 9 January 2026, China’s Ministry of Finance announced the phased removal of its PV export tax rebate:
Solar Panels (Modules & Cells)
Current rebate: 9%
From 1 April 2026: 0% (fully removed)
This means export prices for panels will increase immediately.
Batteries
From 1 April 2026: rebate reduces from 9% to 6%
From 1 January 2027: rebate fully removed
With China removing this rebate, international buyers — including Malaysia — will bear the higher costs.
4) Rise in Global Crude Oil Prices Due To The Iran Conflict (March 2026)
The escalating conflict involving Iran is pushing solar prices in Malaysia upward, primarily through surging logistics costs.With Brent crude now trading between $100 and $106 per barrel, the cost of shipping and producing solar components has spiked. Specifically, the disruption of key trade routes has forced vessels to bypass the region, adding significant war-risk surcharges and fuel premiums to every container landing in Malaysia.
Transition to Next-Generation Solar Technology
The industry is also transitioning toward higher-efficiency technologies such as TOPCon panels.
These panels:
Offer better efficiency
Deliver longer lifespans
Perform better in Malaysia’s hot climate
However, they are more expensive to manufacture. While system prices may increase slightly, homeowners benefit from better long-term performance and durability.
What Does This Mean for Malaysian Households?
We are entering a new pricing phase.
With rising material costs, reduced export rebates, and production control measures, the era of ultra-low solar pricing is ending.
A global wave of advance purchasing and installation bookings is expected before April 2026. As older inventory clears, prices are projected to climb steadily throughout the year.
In markets like Australia and Europe, installers are already reporting gradual price increases in Q1 2026. Similar trends are expected in Malaysia.
This could result in:
Higher installation costs
Longer waiting times
Possible stock shortages
Increased demand
Why Lock In Solar Pricing Now?
Installing solar is a long-term investment. Even a 10% increase on a residential system can translate to several thousand ringgit more.
By securing your installation now, you can:
✔ Lock in current panel pricing
✔ Avoid premium rates later in the year
✔ Beat potential stock shortages
✔ Start saving on your electricity bills sooner
The sooner your system is installed, the sooner your savings begin.
Act Now!
If you’re planning to go solar in 2026, the best strategy is simple: install before the price adjustment takes effect.
Get a FREE solar consultation and quotation today. Secure current pricing and protect your long-term savings before global cost increases reach Malaysia.
📞 Contact us now to lock in your solar investment at today’s rates.
