Solar panels and electric vehicles (EVs) may become more expensive in Pakistan under the upcoming Budget 2026–27, as possible changes in taxes and incentives are being discussed.
According to industry experts, the government is reviewing different policy options that could include higher import duties or reduced tax relief on solar equipment and electric vehicles. If these changes are approved, the overall cost of installing solar systems and buying EVs could increase for consumers.
In recent years, solar energy and electric vehicles have become more popular across the country. Many households and businesses have shifted to solar panels due to rising electricity costs and frequent power shortages. At the same time, EVs have gained attention as a cleaner and more fuel saving transport option.
Experts warn that any sudden increase in prices may slow down this progress. They say that higher costs could discourage new buyers and reduce interest in renewable energy solutions at a time when demand is growing.
Stakeholders from the energy and transport sectors are urging policymakers to continue supportive measures. They believe that tax relief, incentives, and easy financing options are important for the long term growth of green technology in Pakistan. They also argue that promoting solar energy and EVs can help reduce fuel imports and support environmental goals.
