Price of Solar System, Panels in Nigeria 2024

Before you consider getting a Solar system for home or commercial use, ensure you are well informed on the costs, it will help you draw a more precise budget. This article provides the current price of solar systems and also the cost of installing a solar panel in Nigeria.

The use of solar system or solar panels in Nigeria is the only way out of the country’s constant electricity crisis. Solar system simply converts energy received from the sun into electrical energy. It is most recommended in Nigeria because the country is situated somewhere around the solar belt and experiences up to nine hours sunshine a day on an average level.

This makes solar energy a highly stable and trusted source of power in Nigeria. While solar panels are still quite expensive to buy and install, they seem more economical because they are not expensive to manage and use, since their source of energy is natural (sun), unlike generators that may require constant refill of fuel/diesel to function.

Solar system is also free from noise and air pollution, more reason why it is best for home use.

Solar Panel for Homes in Nigeria

The invention of solar energy is a remarkable advantage of technology. Over time, three different types of solar panels are most readily available because they have become more commonly used. These three are; monocrystalline, polycrystalline and thin film solar panels.

However the type most preferred for homes usage are the monocrystalline solar panels. They work effectively in small spaces even when the sun’s radiation is lower. They also have longer durability when compared to other types of solar panel.

Monocrystalline solar panels implies that they are single-crystal silicons. This gives more room for movement of the electrons responsible for generating the required electrical energy. This also explains why monocrystalline panels are highly effective when compared to the others.

Cost of Solar Systems for Homes, Offices and Streetlights in Nigeria 2024

The price of solar systems for homes and offices may vary slightly. Depending on the location, type, brand and capacity/number of the panel. Office or commercial solar panels cost more because they have premium efficiency and wider capacity to carry more electrical appliances in the building. This article contains the average range of prices of solar systems in Nigeria.

10kw
Watts – 10,000
Number of panels – 20 to 33
Number of batteries – 8
Roof space – 54 to 80 square meters
Price – ₦2.7m to ₦3.7m

5kw
Watts – 5,000
Number of panels – 16 to 20
Batteries – two 210 12v batteries
Roof space – 25 to 30 square meters
Price – ₦2m to ₦2.3m

3kw
Watts – 3,000
Number of panels – 7 to 12
Batteries – 13 (1250AH)
Roof space – 12 to 19 square meters
Price – ₦850,000 to ₦1.2m

2.5kva
Watts – 2,500
Number of Panels – 5
Batteries – 4
Roof space – 100 square feet
Price – ₦750,000 to ₦790,000

2kw
Watts – 2,000
Number of panels – 8
Batteries – 10AH
Roof space – 12.8 square meters
Price – ₦550,000 to ₦720,000

1kw
Watts – 1000
Number of panels – 3 to 5
Batteries – 6
Roof space – 10 square meters
Price – ₦280,000 to ₦450,000

12v
Watts – 12
Number of panels – 2 to 3
Batteries – 12V battery
Roof space  – less than 5 square meters.
Price – ₦40,000 to ₦70,000

So many people love to buy extra batteries when purchasing the solar system. This increases the price of the desired size of purchase. So, the more batteries, the higher the price.

Cost of Solar Installation in Nigeria

The solar system technology has not been in Nigeria for too long. So, your budget has to be on the high side because the prices of purchasing and installing a solar system is quite expensive for now. However, there are factors that affect the price at every given scenario.

This has to do with the electricity demand of your building and the number of solar panels to be installed.
The status and professional experience of the installment company or individual.
The location of both parties.

The installation price may also be high if the contractor is in charge of getting the necessary materials for the installation. Installing a solar system in Nigeria goes for an average price of ₦100,000 to ₦250,000. It could be more, but it will not be less depending on the factors listed above.

Mini Solar Panel Price in Nigeria

Mini solar panels are smaller or abridged versions of full-size solar panels. They are portable and versatile, they substitute perfectly in cases where a full-size solar panel is unnecessary or unavailable.
Mini solar panels are more useful for mobile electronics or devices such as radios, lamps and laptops, because they can be easily carried around for trips, where power supply is uncertain. However, the downside may be that they do not last for days and those devices cannot totally rely on them for energy. Excess use of mini solar panels may also be bad for your devices.
The price of mini solar panels in Nigeria may differ based on the capacity or unique feature they possess. They could be as low as N6,000 depending on what they offer.

MTN Solar Panel Price in Nigeria

Lumos Global Services in partnership with MTN has provided a means to helping the pathetic electricity supply in the country. The MTN lumos solar panel system comes in a package with other benefits like,

USB phone adapter
2 Led bulbs
80W solar panel unit and solar cable
8 socket DC 12v max solar controller unit
self installation mounting kit.

The price of MTN Lumos solar panel per unit is ₦240,000 (a one-off payment). But they have provided a pocket friendly payment method, in which you can pay daily, weekly, monthly or yearly. However, you must pay a start-up fee on N26,000 and a down payment to activate your desired payment plan.
Here is a simple breakdown of the payment plan and how to activate each of them.

Daily – N300 (N300 per day)
Subscription code – Text “1” to 317

3 days validity – N800 (N266.7 per day)
Subscription code – Text “3” to 317

5 days validity – N1300 (N260 per day)
Subscription code – Text “5” to 317

Weekly – N1800 (N257.1 per day)
Subscription code – Text “7” to 317

10 days validity – N2,300 (N230 per day)
Subscription code – Text “10” to 317

20 days validity – N4,300 (215 per day)
Subscription code – Text “20” to 317

Monthly – N5,400 (N180 per day)
Subscription code – Text “30” to 317

Bi-monthly – N10,000 (N166.7 per day)
Subscription code – Text “60” to 317

Quarterly – N14,000 (N155.6 per day)
Subscription code – Text “90” to 317

180 days validity – N26,000 (N144.4 per day)
Subscription code – Text “180” to 317

Annually – N51,000 (N139.7 per day)
Subscription code – Text “365” to 317

1800 one time pay – N240,000

Notice that the total amount you pay depends on the frequency of your payment plan. For more enquiries, call the MTN customer care or visit the closest MTN office.

LG Solar Panels Price in Nigeria

LG is one of the oldest brands in technology and one of the most trusted brands for efficiency of electronics. Their solar panel comes with a 25 years warranty and guarantees you of maintaining a good power output after the 25 years, with a minimum percentage of 86 – 88.4.
The price of LG solar panel in Nigeria ranges from ₦80,000 to ₦2.7m, depending on the capacity of the solar system. They also produce very affordable mini solar panels such as Led lamps.

Best Solar Panels in Nigeria

There are different electronics companies that also produce solar systems, but they may not all have their products available in Nigeria.

The three best solar panel brands in Nigeria are;

1. LG solar panels
2. Panasonic
3. Sun power

Though it seems like the brand of the solar system shouldn’t matter much, but trust me, they are worth considering. Prominent brands guarantee you of better efficiency, lesser rates of degradation and more years of warranty.

Solar system in Nigeria is fast becoming the most trustworthy source of power supply. It is also more economical compared to other forms of power supply that require petroleum oil, because it does not depend on the unsteady and ever increasing cost of fuel and other petroleum products.

Originally posted 2023-04-17 01:43:06.