Cost Of Installing Solar Panels In Nigeria

When you finally decided to go solar it is very important to know the cost implications.

Cost of installing solar panels in nigeria.

In this article you will learn the complete solar and inverter power systems price in nigeria. Currently the average cost of installing a 4 kw solar pv system for an average three bedroom household in nigeria is n1 8 million 9 090 including the costs for a battery bank for energy storage. If you re new to using solar panel you can go for the 200w monocrystalline solar panel which cost 33 000. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.

5kw 6kva solar power system plan plus installation in nigeria. The prices of solar panels can range anywhere between n50 000 to n150 000 in nigeria. In addition the solar panels have 20 to 25 years warranty from manufacturers. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.

Solar energy really is the only way nigeria is going to be able to solve it s energy crisis currently estimated to be costing as many as 40 million additional jobs in the economy i believe that s a very conservative estimate and it s actually closer to 80 million jobs. 8 million 9 090 including the costs for a battery bank for energy storage. The average cost of solar panels has gone from 3 00 watt in 2005 to 0 48 watt in 2015. The average cost of installed residential solar power systems is currently 2 60 per watt.

Buy with a single click a complete 5kw solar power system for your home and office in nigeria. Crown micro is another major solar panel and inverter brand. This will be the only equipment powered with this solar system nothing else will be connected to it. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.

Currently the average cost of installing a 4 kw solar pv system for an average three bedroom household in nigeria is n1. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. Nigeria is located in the solar belt with average sunshine of up to 9 hours per day equivalent to 5 5 kw. Solar panel prices in nigeria.

Will a 2kva full solar panel with installation at your published cost of n 200 000 power a locally made ice block machine that uses a 2 5hp airconditioner system. This solar panel is a starter kit and an excellent option for off grid applications such as rvs trailers boats sheds and cabins. Solar panel cost data 2020. Generally polycrystalline solar panels are made with a blue hue i e the panels are blue in color but are less efficient than polycrystalline solar panels and cheaper in price.