Thursday, 06 March 2025 04:38

Solar adoption surges amid Nigeria’s power crisis and rising tariffs

Rate this item
(0 votes)

As Nigeria grapples with a failing public power supply, skyrocketing electricity tariffs, and the looming threat of further tariff hikes, solar energy adoption has surged, driven by the urgent need for reliable and affordable energy solutions. Experts in the renewable energy sector have highlighted a significant increase in solar adoption over the past two years, attributing the trend to the deteriorating state of the national grid, rising fuel costs, and shifting public perception toward sustainable energy.

The recent announcement by Nigeria’s Minister of Power, Adebayo Adelabu, regarding plans to increase electricity tariffs for Band B, C, D, and E customers has further intensified the demand for alternative energy sources. This comes on the heels of the massive tariff hike for Band A customers, which saw electricity costs rise to between N220 and N250 per kilowatt-hour (kWh). Against this backdrop, solar energy has emerged as a cost-effective and reliable alternative for households and businesses alike.

Felix Adekunjo, Chief Executive Officer of Excellent-Glory Solar System, explained that frequent blackouts and grid failures have made solar energy indispensable for many Nigerians. “The instability of the national grid, coupled with the removal of fuel subsidies and soaring diesel prices, has made generators increasingly expensive to operate. Solar energy, on the other hand, offers a cheaper and more sustainable solution,” he said.

Adekunjo noted that the global decline in the cost of solar panels, batteries, inverters, and other components has made solar systems more accessible to average households and small businesses. “Compared to two years ago, the prices of solar components have dropped significantly due to technological advancements and economies of scale. This, combined with growing institutional support, such as Access Bank’s Switch to Solar project and international partnerships, has encouraged more Nigerians to embrace solar energy,” he added.

Despite these advancements, Adekunjo acknowledged that upfront installation costs remain a barrier for many Nigerians. “While solar energy offers long-term savings, the initial investment can be prohibitive. Additionally, the lack of skilled technicians, poor installations, and inadequate maintenance by untrained personnel continue to hinder widespread adoption,” he said. He also emphasized the need for flexible payment plans to make solar systems more affordable for low-income households.

Adewale Odugbesan, Chief Executive Officer of Royal Power and Energy Limited, echoed these sentiments, noting that solar energy has become increasingly competitive with grid power and diesel generators. “When we started eight years ago, solar energy cost about $3 per kilowatt. Today, it’s down to approximately $0.1 per kilowatt. Compared to the current Band A tariff of N220 to N250/kWh and the cost of diesel generators at N400 to N450/kWh, solar is now the most cost-efficient option for powering businesses,” he said.

Odugbesan also highlighted the role of word-of-mouth referrals in driving solar adoption. “Nigerians who have adopted solar energy in the past two years have become advocates for its reliability, especially during grid failures or fuel scarcity. This has encouraged more individuals and organizations to make the switch,” he explained.

As the Nigerian government continues to grapple with the challenges of the power sector, the surge in solar adoption underscores the growing demand for reliable and sustainable energy solutions. With the threat of further tariff increases looming, solar energy is poised to play an even greater role in Nigeria’s energy future.

“The growth of solar is driven by the rising need for reliable energy, affordability, and a shift in public perception. While challenges persist, the trajectory shows that solar energy is fast becoming the future of energy in Nigeria, with even greater potential for expansion in the coming years,” Adekunjo said.

May 30, 2025

Nigeria's $3bn fashion drain: How import dependence undermines local textile industry

Nigeria's fashion sector is hemorrhaging billions of dollars annually due to overwhelming reliance on imported…
June 01, 2025

‘Nigeria under siege by urban bandits, poverty weaponized’ – Atiku, El-Rufai warn

Former Vice President Atiku Abubakar and ex-Kaduna State Governor Nasir El-Rufai have issued a scathing…
June 01, 2025

Her daughter was taken and sent abroad - 44 years later, they found each other

The last memory Han Tae-soon has of her daughter as a child is in May…
May 31, 2025

Tools made of whale bones reveal inventiveness of prehistoric people

Artifacts found at archeological sites in France and Spain along the Bay of Biscay shoreline…
May 31, 2025

Troops kill 60 terrorists and top ISWAP commander in Borno, as FCT mourns 11 killed…

Nigerian troops have killed over 60 terrorists in Borno State during a series of operations,…
June 01, 2025

What to know after Day 1193 of Russia-Ukraine war

WESTERN PERSPECTIVE Russia launches air attack on Ukraine's capital Kyiv, mayor says Ukraine's air defence…
May 29, 2025

AI system resorts to blackmail when its developers try to replace it

An artificial intelligence model has the ability to blackmail developers — and isn’t afraid to…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.