Cost Of Installing Solar Panels In Nigeria (2023)

Many people are busy searching out the cost of installing solar panels in Nigeria because power is a vital resource without which we just cannot do business, or live comfortably in the modern world. The problem is that solar panels as a means of energy is still a relatively new technology in Nigeria; there is not yet a significant mass adoption. The economics of demand and supply as regards solar panels are not exactly clear, but prices are still quite high.

However, the cost of installing Solar Panels on one building could vary quite significantly from another building because the energy needs are not the same, and therefore some houses require more solar panels than others. Furthermore, it is often necessary to incorporate charge controllers, inverters, batteries, and cables into the solar systems- and these also will vary in quantity depending on the energy needs of the buildings on which they are being installed.

Cost Of Installing Solar Panels In Nigeria

As we mentioned at the beginning of this article the cost of installation of solar panels varies from building to building, depending on the energy needs of the place. A single solar panel may cost around N5,000, but the installation of solar energy/power systems in Nigeria typically costs between N100,000 and N15,000,000, depending on the capacity you want to install. This installation will include solar panels, inverters, and batteries. An expert will usually need to estimate the energy needs of the place before detailing a quote as to how much money you would need to spend on solar installations at your premises.

1 KW Solar System Price In Nigeria

The Price to install a 1KW solar system in Nigeria is around ₦475,000. These solar panels and installation can power TVs, Small Refrigerator, Blender, Electric bulbs (preferably energy saving bulbs), Fans, and DVDs.

When you buy a 1KW solar system you should get two 300W high-Grade Solar Panels, or four 150W panels. You will also get a charge- controller. Sometimes the charge controller and the inverter are built as one.

Battery:  A single 12V 200Ah Deep Cycle Battery maybe sufficient to carry your building; it could last for up to 24 hours depending on the load.

2 KW Complete Solar System Price In Nigeria

The Price of a 2KW solar system in Nigeria is around ₦811,625. These solar panels and installation can power 2 TVs, Home Theater, Bulbs (preferably Energy Saving Bulbs), Fans, Refrigerator.

When you buy the 2kW solar system you should get four 300W high-Grade Solar Panels, or eight 150W solar panels. The system would not be complete without an inverter and charge- controller. A good inverter should also have a battery monitoring system. It would be better with an LCD display to help you monitor the battery. This type of system would need two 12V 200Ah Deep Cycle Batteries in order to last for over 24 hours.

3 KW Complete Solar System Price In Nigeria

The Price of a 3KW solar system in Nigeria is ₦1,564,663. These solar panels and installations can power multiple TVs, Refrigerators, Fans, Bulbs (especially energy saving bulbs), Blender, Gadgets, and a Water pump.

When you buy this 3KW solar system you should get eight 300W Solar Panels. The system is not complete without an Inverter with Controller. The system should also have a Battery Monitoring System. You will also need four 12V 200Ah Deep Cycle Batteries- these can last for over 24 hours.

5 KW Complete Solar System Price In Nigeria

A 5KW solar installation will cost you about ₦1,725,913. This is the system of choice for big buildings; with daily power consumption that is more than 30KWH. The maximum allowable power load is 7KVA. This can power multiple TVs, fridges, Blenders, Bulbs, Fans, and DVDs.

When you buy the 5KW solar system you will get eight 300W Solar Panels. The system also comes with an Inverter and controller. Ideally, you should get a 1 x 5KW Hybrid Solar Inverter with Battery Monitoring System. There are many brands of this product. You would also need four 12V 200Ah Deep Cycle Batteries – which should last for over 24 hours.

If you need a bigger system you should probably get a quote from a professional. Anything bigger than this would probably cost around ₦3 million, and you could keep going until you arrive at the ₦15 million mark. When you look at the prices of installing solar panels in Nigeria, some people would become afraid, and wonder how they will justify such expenses. Maybe they need to learn about the benefits of using solar power.

Advantages of Solar Panels:

With solar panels you take control of your energy needs, which is different than what you would get with the national grid. As long as there is sunlight, you are quite sure of getting power for your home or office. Even if your solar system should become faulty, you have the option of calling the technicians to sort it out, or staying in darkness. But at least the choice would be up to you.

It is renewable; there is no need to stress yourself about looking for how to fuel the system. It depends on the sun’s radiation, which occurs naturally every day. When you consider the amount of money you would spend on fueling your generator every day, you would soon see the sense in installing your own solar panel for your private use.

It is quiet. A major problem that comes with using generators to power your building is noise pollution. This noise can greatly affect productivity, especially if you need peace and quiet in order to concentrate on your work.

No fumes: using generators exposes one to the hazard of suffocation from the fumes which contain carbon monoxide. Solar panels eliminate that risk.

Related:

• Federal Government SMEDAN Loan MSME Fund Registration
• DStv Confam Channel List And Price In Nigeria

Conclusion:

Solar Energy can save one from the stress and disappointment that can come with using generators which may sometimes refuse to start and can disrupt one’s business. We all know that the electricity situation in the country is not reliable, and that explains why solar energy is becoming more popular. All that is required is to purchase and install the solar equipment on your rooftop, or any other place within your premises, and you are good to go.