Nigeria: The Cost of Solar May Surprise You

Epileptic power supply remains a significant challenge in Nigeria, prompting many citizens to seek alternative energy sources. Among these alternatives, solar panels have gained popularity due to their reliability and environmental benefits. In this article, we explore the surprising cost of solar panels in Nigeria.

Before diving into prices, let’s understand the components needed for a typical solar panel installation in homes or offices:

1. Solar Panels: These are the heart of the system, converting sunlight into electricity.
2. Batteries: A 12V battery rated at 200AH stores the energy generated by the panels.
3. Inverter: Converts DC power from the panels into AC power for household use.
4. Solar Charge Controller: Regulates the flow of electricity to prevent overcharging and protect the batteries.

Solar Panel Prices in Nigeria

Here are some popular solar panel brands and their prices (as of June 2024):

1. Su-Kam Solar Panels:

   • 80W 12V Solar Panel: From ₦43,000 ¹.
   • 125W 12V Solar Panel: From ₦65,000.
   • 150W/12V Monocrystalline Panel: From ₦70,000.
   • 150W 24V Solar Panel: From ₦75,000.
   • 200W 24V Solar Panel: From ₦98,000.

2. Crown Micro Solar Panels:

   • 250W/36V Monocrystalline Panel: From ₦51,000.
   • 300W 24V Monocrystalline Panel: From ₦48,000.
   • 80W 18V Monocrystalline Panel: From ₦18,000.

3. Rubitec Solar Panels:

   • Prices vary based on specifications ¹.

Cost Considerations

• Residential Systems: On average, residential solar panels cost around $1 per watt in Nigeria ². For a 3kW to 5kW system, installation may range from ₦1,500,000 to ₦3,000,000 ³.
• Utility-Scale Systems: Larger utility-scale panels may cost $0.75 to $1 per watt due to bulk discounts ².

As Nigeria embraces solar energy, understanding the cost dynamics is crucial. Whether you’re considering a small home installation or a larger-scale project, solar power offers a sustainable solution for a brighter future.

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Disclaimer: This article is based on factual information available from reputable sources. The views expressed here do not necessarily reflect the opinions of the author or this publication.

¹: Solar Panel Prices in Nigeria (June 2024) | Nigerian Price ²: How Much Does Solar Cost In Nigeria? - Renewable Tech ³: How Much Does Solar Installation Cost in Nigeria?

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Image source: Imgur