When going solar in Nigeria, it is important for you to know the prices of solar panels and batteries to determine whether you can afford it or not. However, if you don’t know their current prices, then this article on solar panel and battery prices in Nigeria will be of the utmost help to you.
The price of solar panels and batteries in Nigeria is not fixed. This is because there are different factors that influence the prices, like the types, brands, and capacity of the solar panels and batteries. Because of that, their prices vary. However, solar panels and batteries that have higher efficiency and capacity are always more expensive than their counterparts on the market.
Meanwhile, to be able to get quality solar panels and batteries at the best rate, it is important to seek the services of professional solar dealers and get price quotes from different solar companies in Nigeria to help you make an informed decision as regards getting a solar system for your property.
Read also: How to get free solar panels from government
What are solar panels?
Solar panels are devices that convert sunlight into electricity. It converts direct sunlight into electricity with the help of photovoltaic cells.
Solar panels come in various types, which are monocrystalline, polycrystalline, and thin-film panels. Monocrystalline panels are widely known for their high efficiency and longevity, while polycrystalline solar panels are cheaper and less efficient when compared to monocrystalline panels, but they are still excellent for use. On the other hand, thin-film panels are less efficient, lightweight and flexible. But when efficiency is highly needed, it is not an option to consider. However, it is suitable for specific applications.
What are solar batteries?
Solar batteries are storage mediums that store electricity. These batteries only store the electricity that solar panels generate. These batteries are essential for ensuring a continuous power supply, especially during the night or on cloudy days when sunlight is insufficient.
There are different types of solar batteries that can be used to store solar energy, such as lead-acid batteries, lithium-ion batteries, and flow batteries. However, among all these battery types, lithium-ion batteries have a longer lifespan, faster charging capabilities and a higher density, making them ideal for users who want to store enough energy for use during cloudy days.
Current Prices of Solar Panels in Nigeria
As we noted in the introduction, there are different types of solar panels in Nigeria, and each type has its own price. Not only that, their prices are not fixed since there are factors that influence them, but we’re going to look at that in the next section. For now, let’s look at the current price of solar panels in Nigeria, taking into account their different types.
1. Monocrystalline solar panels
- 100W Monocrystalline Panel: ₦35,000 – ₦45,000
- 200W Monocrystalline Panel: ₦70,000 – ₦85,000
- 300W Monocrystalline Panel: ₦100,000 – ₦120,000
- 400W Monocrystalline Panel: ₦130,000 – ₦160,000
2. Polycrystalline Solar Panels
- 100W Polycrystalline Panel: ₦30,000 – ₦40,000
- 200W Polycrystalline Panel: ₦60,000 – ₦75,000
- 300W Polycrystalline Panel: ₦90,000 – ₦110,000
- 400W Polycrystalline Panel: ₦120,000 – ₦150,000
3. Thin-film solar panels
- 100W Thin-Film Panel: ₦25,000 – ₦35,000
- 200W Thin-Film Panel: ₦50,000 – ₦65,000
- 300W Thin-Film Panel: ₦80,000 – ₦100,000
Factors Influencing the Price of Solar Panels in Nigeria
If you notice in the above section, you will notice that the price is not fixed; rather, it varies. The variation in solar prices in Nigeria is due to the following factors:
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- Type of solar panel: the higher the quality and efficiency of the solar panel, the more expensive it will be, and vice versa.
- Brand of the solar panels: Popular solar panel brands with a reputation are always more expensive.
- Wattage of the solar panels: the higher the wattage of the solar panels, the more expensive they will be.
- Exchange rate: since most solar panels in Nigeria are imported, the higher the exchange rate, the higher their prices.
Current Market Prices of Solar Batteries in Nigeria
As we have different types of solar panels, so do we have different types of solar batteries with varying capacities and prices. They are outlined below:
1. Lead-Acid Batteries
- 100Ah Lead-Acid Battery: ₦50,000 – ₦70,000
- 150Ah Lead-Acid Battery: ₦80,000 – ₦100,000
- 200Ah Lead-Acid Battery: ₦120,000 – ₦150,000
2. Lithium-ion Batteries
- 100Ah Lithium-Ion Battery: ₦150,000 – ₦200,000
- 150Ah Lithium-Ion Battery: ₦250,000 – ₦300,000
- 200Ah Lithium-Ion Battery: ₦350,000 – ₦450,000
3. Flow Batteries
- 10kWh Flow Battery: ₦2,500,000 – ₦3,500,000
- 20kWh Flow Battery: ₦5,000,000 – ₦7,000,000
Factors Influencing Solar Battery Prices in Nigeria
Just like with solar panels, there are factors that affect the price of solar batteries in Nigeria. They are:
- Battery Type: Lithium-ion batteries are more expensive than lead-acid batteries due to their excellent qualities. However, flow batteries are the most expensive.
- Battery Capacity: The higher the solar battery capacity, the more expensive it will be.
- Solar Battery Brand: Popular and reputable solar batteries with good warranties are usually more expensive.
- Technology Advancements: Newer solar batteries with modern technologies are always more expensive, but they come with outstanding features.
How to Buy the Best Solar Panels and Batteries in Nigeria
For you to buy the best and most suitable solar panel for use in Nigeria, the following guide will be of utmost help to you.
- Assess your energy needs and choose the solar panels and batteries that suit them.
- Take both the initial installation and long-term cost into consideration to enable an informed decision on the product to opt for.
- Buy solar panels and batteries from reputable brands with good warranties.
- Buy solar panels and batteries with certification from the Standards Organization of Nigeria (SON).
- Hire the services of a professional solar installer to ensure that the solar system is properly installed.
Conclusion
The price of solar panels and batteries in Nigeria is not fixed. There are different factors, like capacity, brand, efficiency, etc., that affect the price. However, to get the best price, we strongly recommend that you get price quotes from different solar companies in the country and compare their prices. By doing so, you will be able to get the best solar panels for your property at the best rate.
