In this article, we will take you through solar cost in Nigeria. So, if you want to get solar systems for your homes or offices in Nigeria and you need to make a budget, read this article keenly. Here, you’ll find out about the different solar panels available in the Nigerian market and their average cost.
It’s no news that one of the issues we face as a country is the electrical power crisis. Thus, solar technology has become the only way out of a constant electricity low supply, so you need solar systems.
Since it is very important to know the cost of solar panels before making a purchase, we’ve made it easier for you. Reading on, you’ll find out the current prices of solar panels in today’s markets.
Overview of Solar Cost in Nigeria
A solar panel is quite costly in Nigeria because of its ability to convert the sun into electrical energy which is the only trusted source of power in the country. Buying solar systems at a very high price is worth it because it is more economical, unlike generators that require fuel or diesel to function.
Solar systems for homes are quite different from solar systems used at offices, so there is a high possibility their prices may vary slightly. The cost of solar systems depends on the location, type, brand, and capacity/number of panels purchased. However, solar panels for offices cost the most due to their premium and wider capacity to carry more electrical appliances in the office building.
Find out how to: Store Solar Batteries
Solar Panels Cost in Nigeria
Remember, that factors like location, type, capacity and brand of system you purchase determines the cost of solar systems. Although, some states in Nigeria might sell their solar systems at a higher price than others which depends on internal factors.
The load capacity of solar systems depends on their solar panel wattage and the price depends on both, the total cost of 200W solar wattage won’t be the same as that of 4×250W.
A solar panel of 200W can carry a laptop, solar TV, bulbs, and decoder. While that of 4×250W can carry bulbs, a Tv, a decoder, a laptop, a standing fan, a blender, 1hp borehole and higher solar systems can carry air conditioners.
The cost of solar panels in Nigeria varies widely ranging from ₦50,000 to ₦8,000,000 and the panel includes inverters, batteries, controllers, and solar panels.
Solar systems installation cost in Nigeria
There are several companies and organizations in Nigeria that specialize in the installation of solar panels. At Fizzle Power Tech, we offer a variety of solar energy solutions, from small-scale systems for homes and small businesses to larger-scale systems for commercial and industrial use.
Usually, installing solar panels typically involves a site assessment, the design and planning of the system, and the installation itself.
The average price for the installation of solar systems in Nigeria is between ₦100,000 to ₦250,000 and most installation companies can also provide ongoing maintenance and support to ensure that the system is functioning correctly.
Best Solar Panels in Nigeria and Their Cost
At Fizzle Power Tech, we provide solar systems that are suitable for homes and offices. Thus, after in-depth research and experience, we found the following products to have the best solar panels in Nigeria currently and they are:
LG solar panels
This company is one of the most trusted and efficient brands in Nigeria. It is among the oldest brands in technology and its solar systems usually come with a 25 years warranty with a minimum percentage of 86 – 88.4.
The highlight isn’t just about the 25 years warranty, there is also a guarantee of a sound power output after 25 years.
The average cost of LG solar panels in Nigeria ranges from ₦50,000 to ₦3,000,000. Although, this largely depends on the capacity of the solar system.
Panasonic Solar Panels
Panasonic solar panels is a good choice for those looking for a high-quality source of solar power in Nigeria. Also, the duration of this battery can be for about 25 -30 years. So, this makes it a long-term investment that can help reduce energy costs over time.
It is a well-known brand in the solar panel industry. Additionally, Panasonic is trustworthy for its high-quality products and commitment to sustainability. Panasonic’s HIT solar panels are known for their high conversion rates. So, this enables them to generate more power per unit area compared to other types of panels.
The average cost of Panasonic solar panels ranges from ₦150, 000 to ₦3,000,000. However, it depends on the load capacity of the solar system.
SunPower Solar Panels
This company’s solar panels are a popular choice for residential, commercial, and utility-scale solar installations. SunPower panels come with a comprehensive warranty. Which covers both the panels and the inverter, providing peace of mind for the consumer.
This product is also designed to last for 25 – 30 years. So, it is likely to be more costly to than other brands. This is due to the high quality of the panels and their innovative technology.
The use of solar panels in Nigeria is rapidly transiting into the only trusted source of power supply. This is because the country’s national grid is outdated and unable to meet the growing demand for electricity. Thus, leaving areas without power for long periods of time. The cost of these systems has also decreased in recent years making it a more affordable option in Nigeria. So, don’t let your business collapse due to poor electricity in the country.
The average cost of SunPower solar systems ranges from ₦60,000 to ₦3,000,000 in Nigeria depending on the watts.
Conclusion
To make solar systems more accessible and affordable for people and business owners in Nigeria. The Nigerian government implemented incentives and subsidies to encourage the adoption of solar systems in the country.
For instance, businesses may be eligible for tax credits or rebates. While individuals may be eligible for government grants or low-interest loans. Thus, this is the best way to promote clean, renewable energy and create a more sustainable future for the country.
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