Solar panel and Inverter installation cost in Nigeria (updated regularly)
How much will it cost any one to go solar in Nigeria? I mean to install a complete solar power system which consists of both the solar power system and Inverter and deep cycle battery system?
We write from the position of authority because this is what we do as a company. Wavetra energy is a leading solar company in Nigeria with offices in Lagos, Port Harcourt, Asaba, Aba, etc.
Solar is one of the cheapest source of energy in Nigeria with numerous advantages, Governments across several continents and in Nigeria are making laws and giving incentives to people who are considering going solar, apart from the reduction in carbon emission as one of the advantages of going solar, the reduced cost in electricity tariffs is another advantage which users cannot ignore.
Installing solar in Nigerian can cost from ₦100,000 to ₦15,000,000 for a solar home system for homes and offices depending on the capacity you want to install in your home or office space.
The cost for building with higher power consumption say above 20kVA which we can refer to as commercial or industrial systems can cost from N15,000,000 and above.
The initial cost is nothing compared to the value you are going to get on the long run, in some countries Like Canada, you even get a tax break for switching to a renewable form of energy, these are one of the many incentives government is rolling out to encourage many people to go solar, the Renewable Energy Agency, a federal government agency is charged with the sole responsibility of executing renewable energy projects like powering communities with sustainable energy solutions in form of solar in Nigeria.
While many may say that coughing out 300,000 for just a solar project is too much money, do I need remind them that this is a one off payment, there is no recurrent monthly payment, the system is yours once payment is completed unlike power supply from the grid where you have to pay exorbitant bills on a monthly basis.
Reduction in noise pollution is another reason why going solar is the best for a lot of Nigerians, it impacts millions of people on a daily basis. The most common health problem it causes is Noise Induced Hearing Loss, caused by exposure to loud noise. It can also cause high blood pressure, heart disease, sleep disturbances, and stress. These health problems can affect all age groups, especially children. Reducing noise pollution and its consequent health implication can only be achieved when you switch to a renewable source of energy
Medical experts say that most of the energy sources in Nigeria are not environmentally friendly, the fumes from generator when inhaled interferes with body functions that can lead to death, according to the center for disease control, every year, at least 430 people die in the U.S. from accidental CO poisoning. Approximately 50,000 people in the U.S. visit the emergency department each year due to accidental CO poisoning it might be worse in Nigeria with no adequate data to ascertain the level of damage.
While the solar and renewable industry keeps growing at an alarming rate and the Government working assiduously in creating an enabling market for the industry to thrive through reduction and outright cancellation of import duties as well it is hoped that the cost of installing solar power in Nigeria will take a dip, thereby making solar accessible and affordable to everyone in the community.
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