If you have been thinking of installing a solar power system, one of the major components to be included in your intended solar power system is solar panels.
They directly affect the cost of your solar power system. Hence, it is important to keep in mind the solar panel price in Nigeria when planning for your solar power system installation.
In this guide, I will tell you the current solar panel price in Nigeria, factors that affect the price, best brands to buy from, and how to choose the right solar panels for your solar system.
Key Takeaway
- The current solar panel price in Nigeria ranges from ₦30,000 to ₦250,000.
- Flexible solar panels are more expensive than normal solar panels, while monocrystalline solar panels are more expensive than polycrystalline solar panels.
- You can buy solar panels from trusted online platforms, major Nigerian markets, and certified solar installers.
- Factors that affect the solar panel prices in Nigeria are wattage, brand, type of solar panel, import cost, and transportation.
- Extremely low prices are a red flag to avoid when buying a solar panel.
What Is the Solar Panel Price in Nigeria?
The current solar panel price in Nigeria ranges from ₦30,000 to ₦250,000, depending on the type of solar panel, wattage of solar panel, and brand of solar panel.
What are the prices of solar panels by Wattage?
The prices of solar panels by wattage are:
Solar Panel Price | Average Price Range (₦) | Best For |
100 Watts | ₦20,000 – ₦110,000 | Phone charging, a few LED bulbs, |
200 Watts | ₦55,000 – ₦150,000 | Small home, charging laptops, phone, fan usage and light usage |
300 Watts | ₦60,000 – ₦180,000 | Fans, TVs, small office |
450 Watts | ₦100,000 – ₦200,000 | Larger home systems |
550W | ₦90,000 – ₦200,000 | Complete solar system |
600W | ₦150,000 – ₦200,000 | Complete solar system |
Common Solar Panels in Nigeria With Their Prices
These are the most commonly used solar panels in Nigeria. The type and wattage of the solar panel depend on the model and stock availability.
Solar panel name | Wattage / Type* | Price |
Jinko 440 watts | 440 W mono | ₦130,000 to ₦140,000 |
Jinko Solar — 300 W – 350 W Monocrystalline | 300–350 W mono | ₦105,000 – ₦120,000 |
Jinko Solar — 550–600 W variants | 550-600 W mono | ₦145,000 – ₦175,000 |
Canadian Solar — 400 W panels | ~400 W mono/poly | ₦75,000 – ₦95,000 |
Canadian Solar — 550 W variant | 550 W | ₦95,000 – ₦120,000 |
Felicity Solar — 450 W panels | 450 W | ₦65,000 – ₦80,000 |
Felicity Solar — 550 W panels | 500–550 W | ₦90,000 – ₦115,000 |
What are the various solar panel prices by type?
The price of each solar panel is also determined by its type, with flexible solar panels being the most expensive common type of solar panel in Nigeria, followed by monocrystalline solar panels.
Monocrystalline Solar Panel Price in Nigeria
Monocrystalline solar panel price in Nigeria ranges from ₦60,000 to ₦250,000 per panel. The exact price of a monocrystalline solar panel is dependent on its wattage and brand.
A monocrystalline solar panel is always more than a polycrystalline solar panel of the same wattage because they are more durable and efficient when converting solar energy to electrical energy.
Polycrystalline Solar Panel Price in Nigeria
Polycrystalline solar panel price in Nigeria ranges from ₦25,000 to ₦150,000 per solar panel. The exact price is determined by its wattage and brand.
Polycrystalline solar panels are not as durable or efficient as monocrystalline solar, hence their lower price.
Flexible Solar Panel Price
The cost of flexible solar panels in Nigeria typically ranges from about ₦100,000 to ₦400,000, depending on the wattage, usage conditions, and brand.
Flexible solar panels are lightweight, bendable, and more expensive than normal solar panels.
They can be used in solar power systems that are mobile and in temporary settlements.
They are not common in Nigeria right now.
What are the factors That Affect Solar Panel Price in Nigeria?
There are 5 factors that affect the Solar panel Nigerian price, and they are;
- Wattage/power rating: The higher the wattage, the higher the price of a solar panel. Higher wattage solar panels produce more electricity.
- Logistics and transportation cost: The price of solar panels in cities like Osogbo or Owerri would be higher than solar panels in Lagos and Kano, due to the vendor’s cost of transporting them to other locations.
- Type of solar panel: Monocrystalline solar panels are more expensive than polycrystalline solar panels as they are more efficient in converting solar energy to electrical energy.
- Brand: Some solar panel brands are more expensive than others. For example, Longi solar panels are usually more expensive than Felicity and Jinko solar panels.
- Import costs, FX rates (Naira volatility): This factor only affects Nigerian solar panel prices, as all solar panels in Nigeria are imported; if the Naira loses value to the dollar, the price of solar panels increases.
Solar Panel Installation Cost in Nigeria
Solar panel installation cost in Nigeria depends primarily on the size of the solar power system and the labour cost of installing a solar power system.
- Labour cost (₦50,000 to ₦1,000,000+ depending on system size)
The cost of an entire solar power system is always higher if the solar panel installation is higher, as well as lower when it is lower.
How to Choose the Right Solar Panel in Nigeria
- Determine Your Power Needs: Calculate the total wattage required to power all your appliances.
- Check Panel Efficiency: Higher efficiency panels perform better in low sunlight.
- Consider Warranty & Lifespan: Choose panels with at least a 20–25-year warranty.
- Verify Certifications:Â Ensure the panels meet international standards (IEC, UL, etc.).
- Compare vendors: Compare the prices of different solar panel vendors, compare their panel efficiency, warranty, and certifications.
Red flags to avoid when buying solar panels.
Unrealistically low prices: Solar Panels significantly cheaper than the market average are often counterfeit or of poor quality. Genuine panels usually come with warranties and certifications from recognised bodies like IEC or TUV, which fake panels lack or falsify.
Lack of proper warranties and documentation: Legitimate solar panels have clear manufacturer warranties (often 10-25 years). Verbal guarantees without documentation should raise suspicion.
Buying from unverified vendors or unknown brands: Fraudulent vendors often sell counterfeit or low-quality panels. Always buy from trusted suppliers with verifiable credentials and reviews.
Physical signs of poor quality: Weak frames, uneven solar cell layout, and easily breakable glass panels are signs of fake or substandard products.
Overpromises on performance or lifespan: Beware of unrealistic claims like “100% power backup” or excessively long battery life, as these are often misleading marketing tactics.
- The current solar panel price in Nigeria ranges from ₦30,000 to ₦250,000.
- Flexible solar panels are more expensive than normal solar panels, while monocrystalline solar panels are more expensive than polycrystalline solar panels.
- You can buy solar panels from trusted online platforms, major Nigerian markets, and certified solar installers.
- Factors that affect the solar panel prices in Nigeria are wattage, brand, type of solar panel, import cost, and transportation.
- Extremely low prices are a red flag to avoid when buying a solar panel.
Where to Buy Solar Panels in Nigeria (Trusted Places)
These are places you can buy reliable solar panels from.
Online stores:Â There are trusted websites where you can buy solar panels for a solar power system.
- Jiji -> Jiji.ng
- Energymall -> https://energymall.ng/
- Solarkobo -> SolarKobo.com/shop
Local markets: These are big physical markets in Nigeria where you can find different solar panel vendors. It is advisable to go with your solar power system installer to ensure you get the right solar panels for your system.
- Alaba
- Computer Village
- Dei Dei Abuja
- Wuse 2 market
Certified solar installers: Some solar system installers import solar components and sell them at retail prices. If your solar system installer sells quality solar panels, then you should buy from him or her or buy from other solar installers that sell.
Distributor outlets: Some solar panel manufacturers have their distribution outlets in various locations in Nigeria. You can purchase directly from the manufacturer, but ensure you are dealing with the manufacturer of the solar panel.
Frequently Asked Questions
Solar panel prices in Nigeria typically range from ₦25,000 to ₦450,000, depending on the brand and wattage.
- 100W panels: ₦25,000 – ₦45,000
- 200–300W panels: ₦55,000 – ₦120,000
- 400–550W panels: ₦120,000 – ₦450,000
Prices vary by brand, efficiency, and market conditions.
You can buy solar panels from:
- Authorised solar distributors and energy companies
- Major solar shops in the Alaba International Market & Trade Fair Complex
- Online stores like Jiji, Konga, and verified solar dealer websites
- Local installers who also supply panels and offer installation packages
Always buy from a seller that offers a warranty and after-sales support.
In Nigeria, solar installation costs typically range from ₦50,000 to ₦500,000+, depending on system size.
- Small home systems (1–2 kW): ₦50,000 to ₦150,000
- Medium systems (3–5 kW): ₦150,000 to ₦300,000
- Large home or business systems (5–10 kW+): ₦300,000 to ₦1,000,000+
Prices depend on labour, mounting structure, number of panels, wiring, and installation complexity.
Conclusion
Knowing the right price of solar panels in Nigeria helps you know the right solar panel you need, its benefits and downsides.
It is also important that you buy your solar panels from only trusted vendors like Jiji verified vendors, major shops in markets like Alaba, trade fair markets, and certified solar installers.
If you intend to install a solar power system soon, knowing how much your desired solar power system would cost would help you invest in solar power smartly.
