Thinking of installing solar in 2025, but worried the price might go up?
You’re not alone. Many Malaysians are asking:
“Should I install now or wait for prices to drop?”
Here’s what the current data and market trends say about solar panel prices in Malaysia in 2025 — and whether it’s wise to wait.
📉 Are Solar Prices Still Dropping in 2025?
In the early 2010s, solar panel prices dropped dramatically due to global production scale. But in recent years, prices have started to stabilize.
In 2025:
- Global panel prices are fluctuating, especially due to raw material (e.g. polysilicon) supply issues
- Malaysia’s panel pricing has remained steady, averaging RM2.80–RM3.30 per watt fully installed
- No major government rebates (like SAVE 4.0) are expected to return soon
So, while a drastic price drop is unlikely, a major price hike isn’t happening either — yet.
🔧 What Factors Could Affect Future Prices?
- Currency exchange rates (many panels are imported)
- Global shipping & supply chain conditions
- Regulatory changes (e.g. NEM 4.0, green tax policies)
- Local labour and installation costs
If demand increases rapidly — or if NEM 4.0 introduces new requirements — prices could creep upward.
✅ Should You Wait or Act Now?
If your TNB bill is already above RM400/month, waiting could cost you more in missed savings than you’d gain from a small price drop.
For most homes, the monthly savings (RM300–RM500) start immediately — and the system pays for itself in 4–5 years regardless of future price trends.
📞 Not sure if this is the right time for solar?
Send us your latest TNB bill — we’ll show you how much you can save now, based on today’s prices.
📍 Serving homes in Penang, Selangor, KL, Johor & more.