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POWER · MONTHLY⚠️ Last verified 100 days ago

Solar Panel Prices in Lagos — What It Costs Per Watt

12 panel sizes · cost per watt · source and verification date on every row

Panel prices in Lagos move with the naira/dollar rate, because essentially every panel sold here is imported. That is why a price quoted three months ago is not a price today, and why the ranges below span the spread between dealers rather than pretending there is one number.

PANEL PRICES
12 sizes
PanelPricePer watt
100W solar panel
Entry size — trickle charging, a few lights, phone charging. Sources differ at this size.
₦22.0K–₦45.0K₦335/W
200W solar panel
Wide spread — the two 2026 sources disagree sharply at this size, so confirm locally.
₦45.0K–₦110.0K₦388/W
Felicity 280W Poly
Polycrystalline — cheapest per panel, lower efficiency per square metre.
₦55.0K–₦70.0K₦223/W
300W solar panel
Wide spread — sources disagree at this size; poly sits at the low end, mono at the high end.
₦65.0K–₦155.0K₦367/W
Felicity 300W Mono
Budget mono option.
₦68.0K–₦80.0K₦247/W
Jinko 350W Mono
Tier-1 brand, budget size.
₦75.0K–₦90.0K₦236/W
Canadian Solar 400W Mono-PERC
Tier-1 brand, mid size.
₦100.0K–₦115.0K₦269/W
450W mono panel
The workhorse size for Lagos homes. Both 2026 sources agree closely here.
₦95.0K–₦130.0K₦250/W
550W mono panel
Fewer panels for the same array size — less roof space and less mounting hardware.
₦115.0K–₦165.0K₦255/W
Jinko 550W N-Type TOPCon
N-Type TOPCon — better output retention over a 10-20 year life.
₦125.0K–₦150.0K₦250/W
Canadian Solar 550W Bifacial
Bifacial — captures reflected light off the roof surface.
₦135.0K–₦160.0K₦268/W
650W mono panel
Largest common size. Both sources quote an identical range here.
₦155.0K–₦200.0K₦273/W

On this list, Felicity 280W Poly has the best cost per watt at roughly ₦223 per watt. Cost per watt is not the only consideration though — on a small roof, a panel that packs more watts per square metre can still win even at a higher price per watt.

These are equipment prices only. Labour and balance of system add 10–20% on top. Panel prices track the naira/dollar rate — confirm with a dealer before budgeting.

HOW TO CHOOSE

Monocrystalline vs polycrystalline — and why it barely matters now

For years the standard advice was to pay extra for monocrystalline panels because they were meaningfully more efficient. That gap has narrowed to the point where, at Lagos prices, the decision usually comes down to roof area rather than technology. Mono panels produce a little more per square metre, so they matter when your roof is small; if you have space, the cheaper panel per watt is generally the better buy.

The number that actually matters is cost per watt. Divide the panel price by its wattage and compare across sizes: a cheap 200W panel and a pricier 550W panel can work out to very different money for the same delivered energy, and the bigger panels are usually cheaper per watt because you need fewer mounting rails, fewer connectors and less labour to install the same capacity.

What a panel warranty in Lagos is actually worth

Panels are typically sold with two separate warranties: a product warranty covering manufacturing defects (often 10–12 years) and a performance warranty guaranteeing the panel still produces some percentage of its rating after 25 years. Both are honoured by the manufacturer, not the dealer — which in practice means a warranty is only as useful as the importer's willingness to process a claim years later.

Ask who handles a warranty claim before you buy, and get the answer in writing on the invoice. A panel bought from a trader who will not be findable in five years has a warranty in name only, and panels are the component you least expect to touch again after installation.

RELATED
CALCULATOR
How many panels you actually need

Enter your load and get panel count, battery and inverter size.

INSTALLED PRICE
What a full system costs installed

Package tiers combining panels, inverter, battery and labour.

FAQS

Panel FAQ

It depends on your daily kWh, not the size of the house. At Lagos's average 4.5 peak sun hours, a 450W panel yields roughly 2kWh on a good day. A home using 6kWh a day therefore needs about 4–5 panels of that size once you allow for cloud and charging losses, and a home running air conditioning can easily need double that.