When going solar, it is always vital to know your energy needs to enable you to choose the appropriate solar panel for it. Choosing a solar panel with a 500-watt capacity is excellent, especially if your energy requirement is not much.
The price of a 500-watt solar panel varies depending on the efficiency and type of the panel. This means a 500W solar panel with high efficiency that is monocrystalline in nature will be more expensive than other types of solar panels that are less efficient.
However, there is a price range for a 500W solar panel in Nigeria. In this regard, we’ll be discussing in detail the 500W solar panel price in Nigeria. Stay tuned to get the latest information as regards the price of 500W solar panels in Nigeria.
Factors that Determine 500W Solar Panel Prices in Nigeria
The primary factors that influence the price of 500w solar panels in Nigeria are listed below:
- Type of Solar Panel
- Solar panel brand
- Quality of the solar panels
- Exchange rate
- market demand, etc.
Price of 500W Solar Panels in Nigeria
Currently, the estimated price of a 500W solar panel in Nigeria ranges from ₦120,000 to ₦200,000.
This price range covers 500W solar panels from different brands in the country, irrespective of the quality and efficiency of the panels.
Where to Buy 500W Solar Panels in Nigeria
The places you can buy 500W solar panels in Nigeria include:
- Online stores like Jumia, Konga, Kara, etc.
- Local distributors within your state
- authorized dealers of the solar panel brands in Nigeria.
Conclusion
The price of a 500W solar panel in Nigeria ranges from ₦120,000 to ₦200,000. Factors like brands, efficiency, and quality of the solar panels determine their prices; hence, they are not fixed. So, if you want to get a 500W solar panel for your personal use, you should budget between ₦120,000 and ₦200,000 for it.