When going solar in Nigeria, it is best to know the price of a complete solar system in the country to determine whether you can afford it or not. While the solar system has lots of benefits, its initial cost is usually high, especially in Nigeria, where most of the solar component systems are imported.
The complete solar system price in Nigeria is always the first consideration that anyone who wants to install a solar system should consider because it helps in making an informed decision on whether to go ahead with the project or not. So, if you want to know the price of a complete solar system in Nigeria, you’re in the right place. Keep scrolling to get the information you want.
The price of a complete solar panel in Nigeria is not fixed since there are different factors that influence it. Some of the factors that play an important role in determining the price of a solar system in Nigeria are the size of the system, type of solar panel, battery and inverter capacity, among others. So, before we discuss the cost of a complete solar system in Nigeria, it is important for us to take a look into these factors to enable us to better understand the concept.
Factors Influencing the Cost of a Complete Solar System in Nigeria
There are several factors that determine or influence the cost of a complete solar system in Nigeria. They are:
1. Size of the Solar System
One of the major factors that influences the price of a complete solar system in Nigeria is its size. As you may know, the size of a solar system is measured in kilowatts (kW), and it really affects the price of the system. What happens is that larger solar systems with higher capacity are always more expensive compared with smaller systems with lower capacity.
2. Type of Solar Panel for the Solar System
Another common factor that influences the price of a complete solar system in Nigeria is the type of solar panel that you want to use. For instance, popular solar panels with high efficiency, like monocrystalline panels, are always more expensive than polycrystalline panels.
3. Inverter Capacity for the Solar System
The capacity of an inverter that you want to buy also contributes to the overall cost of a complete solar system in Nigeria. As we all know, the primary function of the inverter is to convert the DC power generated by the panels into AC power. Naturally, inverters with higher capacities are generally more expensive.
4. Battery Storage System
The capacity of the batteries you want to use for your solar system also affects the overall cost of a complete solar system in Nigeria. For instance, if you want to get lithium-ion batteries, which have higher efficiency, it is definitely going to be more expensive than when you opt for lead-acid batteries.
5. Installation costs of the solar system
Another factor that also adds to the overall cost of a complete solar system in Nigeria is the installation cost. If the solar system is complex and the location is in the hinterland, coupled with an experienced installer, it is definitely going to be more expensive.
6. Additional Components of the Solar System
The last factor on the list that influences the cost of a complete solar system in Nigeria is the cost of additional components like wiring, protection devices, mounting structures, etc. If these components are expensive, it is going to add to the total cost of a complete solar panel in the country.
Price of a Complete Solar System in Nigeria
As we noted earlier, there are different factors that influence the cost of solar systems in Nigeria, but the most significant one among them is the size of the system. As a sequel to that, we’re going to breakdown the price of a complete solar system based on its size. Let’s proceed.
1. 1kW Solar System
One of the complete solar systems in Nigeria is the 1kW. It costs between ₦500,000 and ₦800,000. The breakdown is below:
- Solar Panels: ₦200,000 – ₦300,000
- Inverter: ₦100,000 – ₦150,000
- Battery: ₦150,000 – ₦250,000
- Installation: ₦50,000 – ₦100,000
2. 3kW Solar System Price in Nigeria
The price of a 3 kW solar system in Nigeria is not fixed; it ranges from ₦1,450,000 to ₦2,300,000. It is detailed below:
- Solar Panels: ₦600,000 – ₦900,000
- Inverter: ₦300,000 – ₦450,000
- Battery: ₦450,000 – ₦750,000
- Installation: ₦100,000 – ₦200,000
3. 5kW Complete Solar System Price in Nigeria
This is another common solar system in Nigeria. It cost between ₦2,400,000 and ₦3,750,000 to have it. The price is broken down below:
- Solar Panels: ₦1,000,000 – ₦1,500,000
- Inverter: ₦500,000 – ₦700,000
- Battery: ₦750,000 – ₦1,250,000
- Installation: ₦150,000 – ₦300,000
4. 10kW Solar System Price in Nigeria
The 10 kW solar system is last on our list, and it is the most expensive and largest when compared with other solar systems discussed above. The price range is between ₦4,700,000 and ₦7,400,000. The breakdown is below:
- Solar Panels: ₦2,000,000 – ₦3,000,000
- Inverter: ₦1,000,000 – ₦1,500,000
- Battery: ₦1,500,000 – ₦2,500,000
- Installation: ₦200,000 – ₦400,000
Conclusion
From our discussion so far, we have seen that there are different sizes of solar systems in Nigeria, ranging from 1 kW, 3 kW, 5 kW and 10 kW, with each having varying prices. However, the price range for some complete solar systems in Nigeria ranges from ₦500,000 to ₦7,400,000. So, it is left for you to choose a solar system that aligns with your financial capacity.