In 2024, the Nigerian Electricity Regulatory Commission (NERC) approved significant tariff increases for Band A electricity customers — those who receive 20+ hours of power per day. The rate jumped to over ₦200 per kilowatt-hour, making electricity one of the biggest household expenses.
What Does This Mean for You?
- If your home uses approximately 10 kWh per day (which is average for an air-conditioned 3-bedroom flat), your monthly bill from the grid alone would be:
- 10 kWh × 30 days × ₦206 = ₦61,800 per month
That is over ₦740,000 per year — just on electricity.
The Solar Alternative
- A well-sized solar system for the same home:
- 3 × 400W panels + 5kVA hybrid inverter + 2 × 200Ah batteries
- Approximate cost: ₦1.2M – ₦1.8M installed
- Monthly cost after installation: near zero (just maintenance)
- Payback period: 18–24 months
After payback, you have essentially free electricity for the next 15–20 years.
Is Solar Right for You?
- Solar is ideal if:
- Your monthly electricity bill exceeds ₦30,000
- You run generators frequently (high fuel cost)
- You own your home or have a long-term tenancy
Next Steps
Use our free Load Calculator to find out exactly what solar system size you need. Then book a free site survey with our engineers. We will design a system that meets your needs and your budget.