
This article dives into the cost of solar panel in Nigeria, helping you understand what’s behind the numbers. You’ll learn about panel prices, key components, real-life savings, and how to pick the best setup for your home.
Solar power in Nigeria isn’t just an eco-friendly trend—it’s a smart money move. Frequent blackouts, rising electricity bills, and unreliable power grid connections are prompting an increasing number of households to consider solar energy.
But there’s always the big question:
How much will it cost?
So, if you want to know the cost of solar panel in Nigeria, you’re at the right place.
Let’s jump right in…
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Why Understanding Solar Costs Matters for Nigerian Homes
Solar isn’t cheap at first. That’s true. But it can save you a lot of money over time. Think about it.
What if you didn’t have to buy fuel for your generator again? What if your electricity bill dropped by half?
Power isn’t always steady in Nigeria. That’s why many people use generators. But fuel is expensive. It adds up fast. Solar helps you avoid that.
With solar, you get steady power. You spend less on light, fans, and charging your phone. You stop worrying when the lights go out.
Still, you need to know what it costs. Panels, batteries, wiring, and setup. Some parts are pricey. Others last many years. Knowing the full cost helps you plan better. You’ll see how long it takes to start saving.
That’s why it’s smart to understand the price before you buy. Solar is an investment. If you do it right, it pays for itself—and more.
Breaking Down the Cost of Solar Panel in Nigeria 2025
Solar panel prices have shifted slightly upward for mid-size panels, while large panels can be found at a slightly lower entry point if you shop around.
Always check brand, warranty, and efficiency when comparing prices.
Current Solar Panel Prices in Nigeria 2025
Panel Size (Wattage) | Price Range (₦) | Typical Use Case |
---|---|---|
20–60W | ₦9,000 – ₦40,000 | Phones, small bulbs, fans |
100W | ₦30,000 – ₦65,000 | Phones, small bulbs, and fans |
250W | ₦55,000 – ₦120,000 | Single room, laptop, fan, lights |
300W | ₦80,000 – ₦160,000 | Typical apartment: lights, TV, fan |
400–600W | ₦120,000 – ₦220,000 | Larger panels, powering fridges, TVs, more |
500W | ₦140,000 – ₦205,000 | Small family home, multiple appliances |
1,000W (1kW) | ₦280,000 – ₦500,000 | Large homes, mini-mart freezers, small offices |
What makes solar panels expensive—or cheap?
- Wattage and efficiency: The more power a solar panel gives, the more it costs. Monocrystalline panels are more efficient and also more expensive.
- Brand and warranty: Well-known names like Canadian Solar, Felicity Solar, Trina Solar, LONGi, and Cworth panel cost more, but they last longer and come with better support.
- Imports and inflation: Most panels are shipped in. That means prices go up and down with the dollar rate and customs charges.
Thus, if you’re wondering why one panel costs twice as much as another, it often comes down to quality, brand, and how much power it delivers.
Full Solar System Cost: What You’ll Spend
Based on the most recent and reputable sources from mid-2025, here are the current price ranges for solar system installations in Nigeria, specifically for residential systems, and how they compare to the figures you provided:
Full System Cost: 5 kWh Residential System
- Panels:
- Your range: ₦1,300,000–₦2,000,000
- Current market: For a 5 kWh system, panels typically require 10–15 panels at 300–400W each. Using current panel prices (₦120,000–₦250,000 per panel for mid-large sizes), this aligns with your range, but can sometimes be slightly lower if panel prices drop or higher for premium brands.
- Inverter:
- Your range: ₦600,000–₦3,000,000
- Current market: A quality 5 kW inverter is usually ₦1,000,000–₦2,000,000, but high-end or hybrid inverters can go up to ₦3,000,000.
- Batteries:
- Your range: ₦1,600,000–₦4,000,000
- Current market: For a 5 kWh system, battery costs depend on capacity (e.g., 10 kWh battery bank for night-time use). ₦1,600,000–₦4,000,000 is realistic for quality lithium or AGM batteries.
- Mounting, wiring, controls:
- Your range: ₦450,000–₦600,000
- Current market: This is accurate for quality materials and proper installation.
- Labor:
- Your range: ₦250,000–₦350,000
- Current market: This is typical for professional installation in urban areas.
Total for 5 kWh system:
Your range of ₦4.5 million to ₦8 million is in line with current market prices for a complete, quality residential system.
Some providers may offer slightly lower or higher quotes depending on equipment choice and installation complexity.
Larger Full Solar System Prices
- 10 kWh:
- Your range: ₦9 million–₦13 million
- Current market: Medium residential systems (5–7 kW) are ₦5.5 million–₦15 million, so your 10 kWh range is realistic for a premium system.
- 15 kWh:
- Your range: ₦15 million–₦20 million
- Current market: Large residential or commercial systems (10 kW and above) are ₦20 million–₦45 million, so your range is plausible for smaller commercial or large residential setups.
- 20 kWh:
- Your range: ₦25 million–₦35 million
- Current market: This fits within the large system range as reported by industry sources.
These figures show the latest data and can help you plan your budget based on the real cost of solar panel in Nigeria.
Cost of Solar Panel in Nigeria: What Influences Your Final Bill?
Buying solar isn’t just about the panel. A few other things can push your bill up—or help you save in the long run.
System size
The more power you want, the more you’ll pay. But bigger setups save more over time. For small homes, a 3 kWh system is a good place to start.
Battery type
Batteries store your solar power, and they make up a big part of your cost.
- Lithium-ion: ₦900,000 to ₦2.5 million. Lithium batteries are more expensive upfront, but they last 5–10 years.
- Lead-acid: ₦200,000 to ₦500,000. Cheaper, but often need replacing every 2–3 years.
Inverter and labor
Your inverter changes the solar power into what your appliances use.
- Hybrid or pure sine wave inverters work better with modern gadgets. They also cost more.
- If your roof is steep or hard to reach, installers may charge more.
Mounting and extras
You’ll need wiring, brackets, fuses, and safety tools. These can add ₦100,000 to ₦400,000 to your setup.
Brand and warranty
Well-known brands often cost more, but they usually last longer and come with support if anything goes wrong. That peace of mind is part of the price.
When you’re thinking of the cost of solar panel in Nigeria, think of the whole package. The cheapest system isn’t always the best value if it breaks down too soon or can’t power what you need.
Real-Life Savings and Payback Time
Here’s what solar can save you.
Let’s say your home runs a 500 W load—lights, fans, a TV, and a fridge. If you use NEPA (the grid), and the current tariff is ₦206.80 per kWh, you’ll spend about ₦906,000 per year on electricity.
Now, what if you go solar?
A full setup to power that same load—panels, inverter, battery, and installation—costs around ₦1.4 million.
That means your payback time is about 1.5 years. After that, it’s mostly free power.
You stop worrying about fuel. You stop stressing when NEPA goes off. And you start saving money every single month.
So yes, solar isn’t cheap to start—but it pays you back. And fast.
Case Study: How Solar Changed One Lagos Home
The Sorogun family lives in Lagos. A year ago, they switched to solar.
They installed a 3 kWh system with battery backup. The full setup cost them about ₦2.8 million.
Before that, they relied on a generator. Fuel costs were high. NEPA was unreliable. Every month, they spent ₦80,000 just to keep power running.
Now?
They don’t touch the generator.
Their power costs are down to ₦25,000 per month. That’s ₦55,000 saved every single month.
In a year, that’s about ₦720,000 back in their pocket. In 3 to 4 years, they’ll fully recover what they spent. After that, it’s long-term savings and peace of mind.
Their panels also came with a 25-year performance warranty. So for decades, they’ll enjoy power without worrying about fuel or blackouts.
Solar changed their home—and their budget—for good.
Choosing the Right Solar Panel: Size, Type & Brand
Picking the right solar panel isn’t hard once you know what to look for. Think of it like shopping for a phone—you want the one that fits your needs, works well, and lasts long.
1. Size & how much power you need
Start by thinking about how much power your home uses. A simple rule is the 70–20–10 split:
- 70% of your power goes to things like your fridge and lights.
- 20% goes to entertainment—TV, fan, phone charging.
- 10% is for extras like water pumps or small appliances.
So, how many panels do you need?
- A 1-bedroom flat can run well on a 1 kW setup. That’s around 2 solar panels.
- A 3-bedroom home usually needs 3 kW, or about 6 panels.
- Larger homes with more devices might need 5 kW or more.
If you’re not sure, it’s always good to get a quick load estimate from a solar installer.
2. Panel type: What’s the difference?
There are three main types of panels. Each works, but some perform better under Nigeria’s sun.
- Monocrystalline: These are the black panels. They’re sleek, strong, and 20–22% efficient. That means they give you more power in a small space. They also handle heat well. They cost more, but they last and perform better.
- Polycrystalline: These look blue and are 16–18% efficient. They’re cheaper and still work fine in Nigeria. A good choice if you’re on a tighter budget.
- Thin-film: You won’t see these much in Nigeria. They’re flexible but have low efficiency, so they aren’t ideal for home use here.
3. Trusted solar panel brands that Nigerians rely on
If you want panels that last, buy from brands with a solid record. These are trusted in Nigeria and perform well in our heat:
- Canadian Solar
- Felicity Solar
- Trina Solar
- Jinko Solar
- LONGi Solar
- Africell Solar
- Cworth Energy
A 330–350 W panel from these brands costs around ₦90,000 to ₦160,000, depending on where you buy.
Local stores may offer cheaper options. That’s okay, but don’t just look at the price.
Always check:
- The panel’s efficiency
- The warranty (aim for at least 10 years)
- If it’s authentic, some fake ones look real
The right panel will serve you for 25 years or more. So it’s worth picking carefully.
Tips to Cut Costs Smartly
Going solar doesn’t have to break the bank. If you plan well, you can save a lot—both now and over time.
Here are a few smart ways to lower your costs without cutting corners.
Buy in bulk
If you’re powering your whole house, it’s better to get all your panels at once. Bigger systems often come with better pricing per panel.
The cost per watt goes down when you buy more, so a full setup ends up being cheaper in the long run.
Start small and grow
Can’t afford everything now? That’s okay. You don’t have to buy a full 5 kW system right away. Start with a 1 kW system—just enough to power your fridge, lights, and maybe a fan or two.
Later, as your budget allows, you can add more panels and batteries.
Ask about payment plans
Some solar companies in Nigeria let you pay over time. This helps you avoid the big upfront cost. Look out for trusted installers that offer flexible payment options or financing.
Even if you pay monthly, you’ll likely spend less than what you currently spend on diesel or NEPA bills.
Don’t forget maintenance
Solar panels don’t need much care, but they do need cleaning once or twice a year. Dust and dirt can block sunlight and reduce output.
Budget around ₦50,000–₦100,000 per year for cleaning and a quick checkup. It’s a small price to keep your system working well for years.
With a little planning, you can cut solar costs without giving up quality. It’s all about making smart choices based on what you need now and what you can afford later.
Conclusion: Time to Make the Solar Move
Solar might feel expensive at first. But over time, it saves you more than you spend. No more fuel runs. No more high electricity bills. Just steady, clean power.
Right now in Nigeria, panels start around ₦65,000 each. Full systems, depending on your needs, can go up to ₦4 million or more. It all depends on how much power you use, the brands you choose, and how the system is set up.
But you don’t have to buy everything at once. Start small. Power the basics. Then add more as you grow. Many homes get their full investment back in less than 2 years. After that, you enjoy real savings, year after year.
👉 Want to know how much power you need? Use the free energy calculator on Maypatronic’s Solar Guide. It’ll help you find the right solar gear for your home. Simple, smart, and built for Nigerian homes.
FAQs: Cost of Solar Panel in Nigeria
Thinking about going solar but still have questions? You’re not alone.
Here are answers to the most common questions people ask about the cost of solar panel in Nigeria—so you can make a smart, confident decision.
How much is a 300 W solar panel in Nigeria?
You’ll find 300-watt panels selling between ₦80,000 and ₦155,000. The cheaper ones may have lower efficiency or no warranty.
High-end brands like Felicity, Trina, Cworth, or Canadian Solar cost more but give better performance and last longer.
What’s the cost of a complete 5 kWh solar system?
A full 5 kW setup—which can power a typical 3-bedroom home—costs ₦4.5 million to ₦8 million. This includes the panels, batteries (usually lithium), inverters, wiring, and professional installation.
The price depends on how many hours of backup you need and whether you go for premium brands.
How fast can I recover my investment?
Most homes see full payback in 1.5 to 2 years. After that, you enjoy almost free electricity for 20+ years. If you use a lot of power daily or rely heavily on a generator, you’ll save even faster.
Are lithium batteries worth the price?
Yes. They cost more upfront than regular lead-acid batteries, but they last 8–15 years, charge faster, and don’t need frequent maintenance.
That saves money over time, and fewer battery replacements means less hassle.
Are hybrid inverters necessary?
If your power setup mixes solar, grid, and generator, a hybrid inverter is a smart buy. It switches smoothly between sources.
You’ll also get better backup during blackouts and can charge your batteries from NEPA when needed.
Can I add more solar panels later?
Yes, you can. Just make sure your inverter and charge controller can handle extra capacity. Many people start small—say 1 or 2 kWh—and add more panels as their needs grow or budget allows.
Do warranties matter with solar panels?
Absolutely. Good panels come with 25-year performance warranties. That means they’ll still work at 80–90% power even after decades.
Brands with local support are best, so if anything goes wrong, you can get help fast.
How much maintenance do solar panels need?
Very little. Most times, they just need a simple cleaning every 6 to 12 months. Dust and bird droppings can block sunlight, so it’s good to keep them clean.
Expect to spend ₦50,000 to ₦100,000 per year if you hire someone.
Does panel efficiency matter in Nigeria?
Yes. Nigeria gets strong sunlight, but also high heat. High-efficiency panels (like monocrystalline types) perform better in hot weather.
That means more power from fewer panels—great if you have limited roof space.
Which brands are worth the cost?
Top brands include Canadian Solar, Felicity Solar, Trina Solar, LONGi, Cworth, and Jinko Solar. They’re known for solid build quality, good output, and strong warranties.
You might pay more, but they deliver power you can count on.
How much does solar cost in Nigeria?
Individual panel prices range from ₦65,000 to ₦240,000, depending on wattage and brand. Full systems can start at around ₦1 million for basic setups and go beyond ₦8 million for larger homes or businesses.
How many solar panels does it take to power a house in Nigeria?
It depends on how much power you use. A small home might need just 2–4 panels (1–2 kW). A bigger house with ACs, fridge, and TVs may need 6–10 panels or more.
You’ll also need inverters and batteries to store the energy.
How much is a 500-watt solar panel in Nigeria?
Prices for 500 W panels range from ₦140,000 to ₦250,000. Bigger panels give more power, but make sure your inverter can handle the load.
How much is a 540 W solar panel in Nigeria?
Expect to pay ₦160,000 to ₦270,000 for a 540-watt panel. These are high-wattage, high-efficiency panels—great if you want to use fewer panels but still get strong output.
In a nutshell, choosing solar is like planting a money tree. It costs something now. But it pays you back every day with clean, steady power, without the fuel bills or noise.
Need help deciding what system fits your home?
👉 Try the Maypatronic Solar Tool—it shows you what you need, based on your energy use, year after year.