Solar Panel Prices in Nigeria

Fazipay Financial Solar
June 6, 2023
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Investing in solar panel systems is brilliant, but it’s essential to research to understand the implications. So contact a local professional today to get started and switch to renewable energy! By switching to renewable energy sources like solar power, you can help reduce the carbon footprint and make a positive difference.

Solar energy has also been a significant alternative source of power generation in Nigeria for many years. However, solar panels are becoming increasingly popular with the increasing demand for alternative energy sources.

Solar panel prices in Nigeria vary depending on size, type, and quality. This article provides an overview of the different types of solar panels available in Nigeria, their sizes, and their associated price ranges.

Types of Solar Panels in Nigeria

There are three main types of solar panels available in the Nigerian market:

Monocrystalline solar panels: Monocrystalline solar panels are made from single silicon crystals, making them highly efficient in converting sunlight into electricity.
Polycrystalline solar panels: Polycrystalline panels, on the other hand, are made from a mix of silicon crystals and have lower efficiency ratings than monocrystalline solar panels.
Thin-film panels: Thin-film panels are the cheapest option but also have the lowest performance rating.

Solar Panel Sizes & Price Ranges

The size of a solar panel is measured in watts (W). The wattage of a panel is determined by the number of solar cells it contains. Monocrystalline and polycrystalline panels are available in Nigeria’s 10-400 watts. Thin-film panels usually come with wattages up to 200 watts.

The price range for solar panels can also depend on where you buy them. For example, monocrystalline panels are generally more expensive than polycrystalline panels since they have higher efficiency ratings. On the other hand, thin-film solar panels are usually the cheapest option due to their lower performance ratings.

Solar Panel Installation & Maintenance

Installing a solar panel system requires technical knowledge, specialized tools, and experience in solar power. It is not a DIY project and should be done by a qualified professional to ensure it is installed correctly and safely.

Solar panel systems require regular maintenance to keep them running smoothly. This includes cleaning the panels, checking the wiring for damage, and inspecting the solar inverters for faults. Maintenance costs can vary depending on the type of solar panel system, but it is typically minimal since most systems need little more than an annual check-up.

A Summary of the Benefits of Solar Panels

Solar panel systems provide several benefits to both homeowners and businesses. In addition to reducing energy bills and dependence on traditional energy sources, solar panels also increase the value of a property.

Solar power is a clean, renewable energy source that can reduce an individual’s carbon footprint and help with environmental sustainability. Solar panel systems are also relatively low-maintenance, making them an excellent choice for those who want to use renewable energy without worrying about upkeep.

How to get the Best Deal for Solar Panels

When shopping for a solar panel system, comparing prices and features across different companies is essential. Ask about any additional fees included, such as installation or maintenance fees. Ensure you understand all the terms and conditions before signing any contracts.

Additionally, many solar companies offer discounts for bulk purchases or flexible payment options. Ask about any such offers to get the best possible deal. Below are essential factors to consider in finding the best deal for buying solar panels:

1. Quality of Solar Panels

Solar panel manufacturers use different technologies and materials to produce their products, so comparing quality when shopping for solar panels is essential. Ensure you get a high-quality product that will last many years with minimal maintenance.

2. Installation Fees

The cost of installation should be factored in when comparing solar panel deals. However, many companies offer discounts on installation or maintenance fees if you purchase more than one panel at a time.

3. Warranty

Make sure to read the warranty carefully before purchasing any solar panels. The length of time and coverage of the warranty will vary depending on the company. So, ensure you get the correct details before committing.

4. Government Incentives

It is helpful to look into government incentives that can help reduce the cost of solar panel systems. The Federal or state government may have some incentives to help reduce the cost of installing solar panels in homes. Doing your research ahead of time can save you a lot of money in the long run!

5. Prices

The price of solar panels in Nigeria varies depending on the size and quality of the solar home system. Therefore, be sure to compare prices from different vendors and consider any discounts they may offer. Also, don’t forget to ask about installation costs, as these can vary greatly depending on the job’s complexity.

6. Are there any maintenance costs

Solar panels generally require very little maintenance; they should only need cleaning every few months. Some systems may require more frequent maintenance, but this is usually the exception rather than the rule. Knowing what maintenance is needed will help you better decide when selecting a panel system for your home.

Researching and finding a vendor with experience in the solar industry is essential. Doing so will ensure you get the best system for your home at an affordable price. In addition, since most companies provide product warranties on the solar panel, you can be sure your investment is protected against malfunctions or failures.

Also, you can enjoy years of clean and renewable energy in your home or business with the right system. And you can rest knowing that your energy costs are decreasing as your solar energy system continues to pay off.

With the ever-growing popularity of solar power and its advantages, it’s no wonder why more and more people are investing in solar panel systems for their homes. However, by taking the time to research and find the right system for your home, you can ensure it’s the best investment for you in the long run.

If you’re considering investing in solar panel systems, research and find a reputable company and an efficient system that fits your needs. You’ll be glad you did!

Solar panel systems are an excellent way to save on energy costs and reduce your environmental footprint. With the right system, you can reap the benefits of solar power for years. Get started today by researching which system is right for you! Investing in solar panel systems is a great way to go green.

Essential Questions to Ask Before Going Solar?

There is a basic knowledge you must have before going solar. We have provided details of this topic here, but today, we will approach it by answering essential questions you must ask before switching to solar.

We will answer the questions in this article and others about installing solar panels. Check them out below:

What will the solar home system generate? This question can be broken down into two: how much electricity do you need, and how many solar panels can cater to your home or office?

How much will it cost to install this solar product in the long run? Are there flexible payment options such as buying on loan or special discounts/rebates?

How to Calculate Solar Panel Cost for Your House

There are simple ways to determine the cost of solar panels for homes. We will be looking at three major categories of houses in this regard. But generally, it costs between N100,000 and N15,000,000 to fully power homes with solar in Nigeria.

Solar panel cost for 1 bedroom house

The cost of solar panel installation will depend on the size and type of panels and the complexity of your roof or any other object that may block sunlight. The average cost for a single-bedroom house is usually about N100,000. Additionally, you should consider the cost of the inverter and other equipment needed to set up your system.

Aside from the panels, you will need an inverter to convert the energy generated by your solar system into usable electricity. You may also need batteries to store the energy produced during peak daylight hours and cables to connect all of the components.

Solar panel cost for 2 bedroom house

The cost of a solar system will vary depending on the size and type of panels you choose. Other components, such as an inverter and batteries could also determine it. Generally speaking, a 2 bedroom house would require at least 4 solar panels to produce enough energy for the home.

Depending on your chosen components, the total cost can range between N100,000 and N300,000. The best way to determine a more accurate cost is to speak with a qualified solar installer who can assess your specific needs and provide an estimate.

Solar panel cost for 3 bedroom house

The cost of a solar panel system for a 3-bedroom house would be similar to that of a 2-bedroom home, although the number of panels needed may vary depending on your specific energy needs. Installing at least 6 solar panels to produce enough energy for your home is recommended. As a result, the minimum cost of installing 6 solar panels is N600,000, but the entire system may cost N2,500,000.

As with installing any solar system, consulting a qualified installer who can assess your specific needs and provide an estimate is essential. In this regard, Fazipay provides a FREE ENERGY AUDIT to help you evaluate your energy needs and recommend the perfect product.

Depending on what type of solar system you install, you can generate enough energy to offset your electricity bill and get it at your convenience.