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Cost Of Different Sources Of Electricity In Nigeria - Science/Technology (4) - Nairaland

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Re: Cost Of Different Sources Of Electricity In Nigeria by Mugono: 2:23pm On Apr 08, 2013
cheddarking: Barcholder is not answering my question

Please re-post your comment. It has been 'lost' in the flurry of posts
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 2:25pm On Apr 08, 2013
tbaba1234: Even assuming a maintenance cost of zero, I end up N43.2/kwh.

Your 57,000 kwh for 25 year is bogus because you did not factor in the capacity factor, There is no way, a 1kw system would produce 57,000 kwh in 25 years... Capacity factor = The ratio of actual energy produced / energy produced if panel worked all the time......

I used a more realistic annual net energy, the calculations are clear.

I still think the 5% interest rate can not be correct in the Nigerian climate.... If the actual value is inputed, it would be more....

Please find the calculation below




Your calculations are incorrect.

1. Average peak sunlight hours in nigeria ranges from 4-5 in the south, to 9 in the north. I have taken an average of 6.25 in my calculations. These figures are a matter of FACT.

The amount of energy produced by a solar array is simply the kW * peak sunlight hours. Full stop. So, 6.25 kWh's per day is equivalent to the stated number provided. And in case you are wondering why I have not factored in the average efficiency of 90% over the 25 year period, that's because we will guarantee that your system will still be operating at 100% capacity after 25 years. HOW. Easy. We will provide you will an extra 200w solar panel completely free over after 10 years.

Regarding financing, if you understood the way i've negotiated my finance sourcing, you'd know why that is an accurate figure. The finance is being provided by my company directly, with money sourced from UK banking institutions, where the central bank base rates are 0.5%, and not 15.5% as it Nigeria.
Re: Cost Of Different Sources Of Electricity In Nigeria by tbaba1234: 2:30pm On Apr 08, 2013
^ 90% LOL


There is NO solar panel in the world that would give you a 90% efficiency ... capacity factor is done for the whole year.

A great solar panel would give you between 15-20%.....

If there is anything inaccurate about the calculation, it is probably the interest rate assumed...
Re: Cost Of Different Sources Of Electricity In Nigeria by Nobody: 2:31pm On Apr 08, 2013
Abeg, sinc na sun d solar dey use. Wat of d day way sun no cm shine?
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 2:31pm On Apr 08, 2013
gunuvi:
Someone should answer this and provide estimated cost in Nigeria.

This will require a rather large system as i'm sure you realise. I will work out those numbers and revert. Please be advised that we have created an innovative energy calculator on our website, which allows you to accurately work out the size of system you require.

See the thread below for details, as i can't post the details on here or will get banned.

https://www.nairaland.com/1234695/easiest-way-get-rich/3
Re: Cost Of Different Sources Of Electricity In Nigeria by tbaba1234: 2:39pm On Apr 08, 2013
Also the fact that the sun shines for 9 hours does not mean that the panel would produce at full capacity during that period.

The tilt of the panel matters as well. Does your panel move with the sun??

What i am trying to point out is that, there is no way a solar panel can be cheaper than PHCN grid...

Photovoltaic energy is not economically dispatchable for a reason
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 2:41pm On Apr 08, 2013
tbaba1234: ^ 90% LOL


There is NO solar panel in the world that would give you a 90% efficiency ... capacity factor is done for the whole year.

A great solar panel would give you between 15-20%.....

If there is anything inaccurate about the calculation, it is probably the interest rate assumed...

You are TOTALLY misunderstanding what's being said here.

1. The average efficiency of the panels we use are 17% - the very highest available in the world today. What does that mean? It simply means that each panel converts 17% of the total energy it receives from the sun into electricity. A 250w panel produces 250 watts of electricity. It's approximately 1650 * 990 mm in size. 8 such panels produce 2kW of electricity. If the efficiency of the panels were 34% for example, all that means is that the panels would only need to be half the size to produce the exact same amount of electricity (think of the development in computer chip technology - your smartphone has the same processing power as a computer that would have filled a room in 1975).

2. The efficiency we refer to is the amount of energy the panels will be producing after 10, years, 25 years etc. Our panels come with a performance guarantee of 90% performance after 10 years, and 80% after 25 years. Put another way, a 2kW system that produces, for round numbers sake, 10kWhs of electricity each day, will only produce 9kWs' a day after 10 years, and 8kW's a day after 25 years.

We compensate for this by simply providing you with an additional panel after 10 years, to make up for the natural reduction in energy production, such that you will still be producing 10kWh's of electricity from the system after 25 years.

I hope that clears up your misunderstanding.
Re: Cost Of Different Sources Of Electricity In Nigeria by Mugono: 2:42pm On Apr 08, 2013
tbaba1234:
What i am trying to point out is that, there is no way a solar panel can be cheaper than PHCN grid...

Photovoltaic energy is not economically dispatchable for a reason

But surely the price of any solar system (or any product for that matter) is a function of the price a supplier agrees to sell it for...?
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 2:48pm On Apr 08, 2013
tbaba1234: Also the fact that the sun shines for 9 hours does not mean that the panel would produce at full capacity during that period.

The tilt of the panel matters as well. Does your panel move with the sun??

What i am trying to point out is that, there is no way a solar panel can be cheaper than PHCN grid...

Photovoltaic energy is not economically dispatchable for a reason

This is simply untrue. You are conveniently ignoring the following critical facts.

1. The price of energy has been significantly subsidised in Nigeria for decades. That subsidy is now being removed. The market has been liberalised. This means only 1 thing - the cost of energy from the grid is GUARANTEED to escalate over the coming years.

2. The cost of grid electricity is directly dependent on the cost of the raw material input - be it gas, coal, wind, solar etc. PHCN input comes directly from non renewable fossil fuel sources, subject to a guaranteed upward spiral in price as demand grows ever greater from developing economies with enormous populations. It is PRECISELY for this reason why the West is actively encouraging adoption of renewable energy, as for example, people here in the UK are beginning to suffer from fuel poverty.

Expect the price of PHCN electricity to top 50 naira per kWh within the next 5 to 7 years. This is a script that i've read ( and lived before). You don't need me to tell you that the raw material input of solar energy is the sun, which is, and will always remain free (unless of course someone works out a way to charge us for sunlight).
Re: Cost Of Different Sources Of Electricity In Nigeria by drnoel: 2:49pm On Apr 08, 2013
Barcholder: Hi All

I'd like to start a discussion about the cost of Electricity in Nigeria today. The numbers make for interesting reading. And as they say, numbers don't lie.

Diesel Generator 71.7 Naira per kWh
Petrol Generator 69.5 Naira per kWh
PHCN Grid Electricity 23 Naira per kWh
Solar Power 15.5 Naira per kWh

Why on earth do Nigerians still persist on using generators?

Discuss
I did not see wind and water in ur list and their prices
Re: Cost Of Different Sources Of Electricity In Nigeria by NLGwoodey: 2:49pm On Apr 08, 2013

Solar power came with all that hype in USA but the consumers let it die a natural death. It is not cost
-effective per installation and maintenance costs. It is generally cumbersome.

To expend N800,000 for procurement of 1KVA of electricity? Thanks but no thanks!

Solar energy is a hard sale. The sales pitch is always enticing but comes short in implementation
.
Re: Cost Of Different Sources Of Electricity In Nigeria by cheddarking(m): 2:50pm On Apr 08, 2013
cheddarking: A house has 7 bedrooms and 2 living rooms....as well as a BQ comprising 1room/livingroom/toilet

The main house has 2 Large Fridges and 2 Deep Freezers.

Each bedroom has a Wall mounted 1hp AC...while the 2 living rooms have a 3HP split standing unit each.

There are 9 Flatscreen LEDs in this house, usually on at the same time.

There is also a pumping machine in the yard for water.


Can you use Solar Energy to Power this house? And how big is the Array gonna be?

Re: Cost Of Different Sources Of Electricity In Nigeria by manny4life(m): 2:50pm On Apr 08, 2013
Barcholder:

Your calculations are incorrect.

1. Average peak sunlight hours in nigeria ranges from 4-5 in the south, to 9 in the north. I have taken an average of 6.25 in my calculations. These figures are a matter of FACT.

The amount of energy produced by a solar array is simply the kW * peak sunlight hours. Full stop. So, 6.25 kWh's per day is equivalent to the stated number provided. And in case you are wondering why I have not factored in the average efficiency of 90% over the 25 year period, that's because we will guarantee that your system will still be operating at 100% capacity after 25 years. HOW. Easy. We will provide you will an extra 200w solar panel completely free over after 10 years.

Regarding financing, if you understood the way i've negotiated my finance sourcing, you'd know why that is an accurate figure. The finance is being provided by my company directly, with money sourced from UK banking institutions, where the central bank base rates are 0.5%, and not 15.5% as it Nigeria.

I think you're the one not understanding his calculation, I reviewed his calculated, and the formulas and they're correct, at least, for the assumption basis. I believe he calculated based on 24hrs (100%) capacity on 365 days a year for a 1kw output. So assuming your 6.25 hrs, given a 1Kw/hr panel, that's ONLY 6.25kw so far, by the capacity factored in, it's way lesser.
Re: Cost Of Different Sources Of Electricity In Nigeria by henryboff(m): 2:54pm On Apr 08, 2013
Boss solar panels are not very practical. What happens in a place like PH where you can have rains for one week continiously? If your plan is to build large solar farms in Northern Nigeria and then set up a "Solar power grid" then that is a different case. If you are talking about mounting solar panels on an individual house basis then I am sorry to have to burst your bubble.
Also there is no way you can make me believe that solar power is cheaper than the grid.
Nigerians buy generators because they are the most practical solution to the problem as it is now. In my opinion the only selling point of solar panels is that they produce so called "green energy".
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 2:54pm On Apr 08, 2013
NLG_woodey:

Solar power came with all that hype in USA but the consumers let it die a natural death. It is not cost
-effective per installation and maintenance costs. It is generally cumbersome.

To expend N800,000 for procurement of 1KVA of electricity? Thanks but no thanks!

Solar energy is a hard sale. The sales pitch is always enticing but comes short in implementation
.

You simply don't have a clue what you are talking about. I could literally provide you with 50 websites that spell out the fallacy of your statement. It's really not worth the trouble.

Information is free - Google is your friend. Look him up. Don't pretend to be an expert when you know nothing. Solar energy adoption in the US is growing at a rapid pace in the USA. I should know, seeing as I spend 6 months a year there.

Here are just a few websites for people to read to CATEGORICALLY prove you wrong.

http://gigaom.com/2012/12/25/5-charts-that-show-the-amazing-growth-in-solar-in-2012-charts/

I readily await your response.
Re: Cost Of Different Sources Of Electricity In Nigeria by tbaba1234: 2:58pm On Apr 08, 2013
Mugono:

But surely the price of any solar system (or any product for that matter) is a function of the price a supplier agrees to sell it for...?

In a competitive market, no utility would invest in photvoltaic energy. That is why governments across the world have incentives for it to bring down the price.

A supplier would only sell at a profit.

The cost/kwh is definitely higher than what the
Op presented.
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 3:03pm On Apr 08, 2013
tbaba1234:

In a competitive market, no utility would invest in photvoltaic energy. That is why governments across the world have incentives for it to bring down the price.

A supplier would only sell at a profit.

The cost/kwh is definitely higher than what the
Op presented.

I AM the supplier. My calculations are based on the prices we will be selling for when we launch at the end of this month. That's why I speak so definitively.

I will attach for you a more detailed explanation of exactly why we are able to sell for these prices - as i've fully explained on another thread.


@ yesman

I now have the time to address your well constructed post on a point by point basis. For everyone following this thread, please try to pay complete attention, as the explanations may get somewhat complex. I'll do my level best to simplify.

First the easy part - you have identified 3 ways in which a business can be successful, and these are of course correct at a top level. However, your conclusion that this therefore is a limitation to my business could not be more wrong. Let's look at each of your 3 points in turn:

1. Increase the size of transaction (Price): Your application of this statement is not strictly true. You have identified price as being the key variable - it is not. The key variable is MARGIN. That is, how much profit do you make per transaction, or in the case of the energy business, how much profit do you make per kW sold. You make reference to the fact that my product being the cheapest in the world is a negative, which somehow endangers the long term prospects of the business. You also make the point that goods are priced higher in Nigeria due to the harsh business environment. You are INCORRECT on both counts. (goods are priced highly in Nigeria because the cost of energy adds 40% to the price of all goods - many large manufacturers have closed shop and moved to Ghana as a result).

First, my product is the cheapest in the world (and significantly so) primarily because of ruthless efficiencies in our cost base. Our strong financial backing allows us to benefit hugely from enormous economies of scale. Secondly, and most importantly, the premium added to the cost of the product to cover sales and marketing is SIGNIFICANTLY cheaper than you can find in any developed country in the world. Why? Because sales and marketing costs in Nigeria are markedly lower than in any developed country, so I'm able to pass these cost savings on to the customer, without any damage at all to my margins. So, I will make just as much profit per kW sold as any US or Australian company because our SOFT costs (non hardware related) are so much lower. Add to that the cost of installation, which, given western labour costs compared to Nigerian Labour costs, are considerably lower. Each installation takes 1 day and requires a 4 man team. Labour costs in say, the UK are approximately £2,000 for the 4 man team (N480,000). In Nigeria, it costs a tenth of that. So that's an immediate and huge saving that I'm able to pass on to my customers in full, reducing the price we charge accordingly. In the UK, these costs are simply added to the cost of the unit, as I'm sure you can appreciate. Then factor in the cost of various permits and local council permits etc required in western countries, especially USA, and you begin to get the picture of just why Full installations cost so much more in developed countries, and why I'm able to offer a price far less than my counterparts. And bear in mind, my profit per kW sold is identical to any western installer. So in short, I'm able to offer the lowest prices in the world AND maintain a healthy margin because of a much lower 'soft' cost base. A quick fact for you (you must realise by now I love numbers), 50 -55% of the cost of Western Solar installations is made up of soft costs, and nothing to do with the cost of the actual product.

2. Getting more customers: you have given no consideration to the sheer size of the market in Nigeria, widely known to be the largest in the world. So let me spell it out for you. Our customers are made up of businesses and households. The business market is larger than the household market. There are about 10 million premises based businesses in Nigeria today, the vast majority of whom use diesel generator extensively. At very conservative estimates, there is 30,000mW of electricity capacity to be sold into these businesses. In financial terms, that's a market size of $135 billion dollars (N21.6 trillion).

Now for the household market. Current electricity deficit to be sold into is 25,000mW, which equates to $112 billion (N18 trillion). This does not account for the 60% of the nigerian populace who have no access to electricity (more on that later). Now bear in mind that the population continues to grow at a rapid rate, meaning the demand for electricity will grow into perpetuity. I hope you can see that the market size is so unbelievably large that we can quite comfortably make $10 billion in profits, and not have even scratched the surface.

3. Getting more purchases from our Customers: You have reached the natural and logical conclusion that my business plan has zero recurring income built in, because we are selling units up front, with no room for recurring income. You are actually very wrong on this front. What I have not told you is that a considerable amount of our profits will come from recurring income, where we effectively take the place of a Utility company, and provide the equipment free of charge to very large businesses in exchange for a 25 year electricity purchase contract. This is a win win for all parties concerned, as the company benefits from an immediate 80% reduction in their energy bills, we get an immediate sale of huge value, and are locked into a recurring revenue stream for the next 25 years. I'll say no more on that front at this time - lets just say that I have close on $500 million of UK investment funds just aching to dive in (I come from a London Banking background and have many contacts).

I certainly wouldn't worry about our ability to sustain ourselves financially. I assure that won't be an issue.

Now for the rest of your post. Firstly, please read my earlier post which deals with the deregulation of the market and the huge opportunity that brings. The key points to take from that post is that Nigeria is not even remotely close to being able to provide 24 hours electricity. At current capacity increase rates versus the rate of population growth, the power situation will be worse in 30 years time than it currently is.

For your point about the rich wanting to keep the status quo, well, that's simply a ridiculous statement. The cast iron laws of economics are clear for all to see. No rational human being will happily pay N6m a year for diesel, when for a one off payment of N6m, they can provide their entire electricity needs for at least the next 25 years. Just a ridiculous statement. That would basically mean they are quite happy to spend N144 million over the next 24 years (at today diesel prices) when they don't have to. Not even Bill Gates would do that. I'm sure you realise that's simply not a credible suggestion. And lets not even talk about the noise, pollution, safety hazard etc.

Now for panel security. I'm not sure whether you realise that the panels are secured to the ROOF of your house. That's right, they are literally nailed down to your roof. I'm not too sure how a thief would go about helping himself to the panels from there. And how will they get to the rest of the equipment - inverters etc. No, this is simply not credible.

Your point about the tapering off of sales should have been answered by referring to my analysis of the market size. No tapering will take place during my lifetime, and I'm 35.

You are right that an element of pessimism is required when launching a new venture. This reveals itself in research and planning of the most meticulous nature. I'd like to assure you that as well as running my highly successful online recruitment business in the US and UK, I have dedicated the last year of my life to planning my entry into this market. Not a stone has been left unturned in approaching launch. My background is one of high finance, where planning and execution are the watchwords. These have been my guiding principles in reaching this stage in the launch. I hope to demonstrate in the coming weeks, months and years, that my vision is indeed one that will reach fruition.

I'd like to make a brief point about the Sales Agents we are currently recruiting. To my mind, this is by far the most important element of the execution strategy. As you will know, DISTRIBUTION is a critical element in the mass penetration of any product into a new market. In working out the best distribution strategy to adopt, I was reminded of the example given by a former Business Professor renowned in the USA for teaching "The Business of the Drugs Trade" at one of the most prominent US university institutions. He makes the very good point that the illicit drugs trade is a multi billion dollar a year trade without any traditional distribution channels as used by normal multinational businesses. What these organisations have been able to do is effectively use the most powerful distribution channel known to man - people power. They literally have tens of thousands of unfortunate young men pushing their poison for them on the streets. Why? Because these guys dont have any other work and resort to drug dealing to make their living (anyone who's ever visited Baltimore, Crenshaw and parts of Atlanta as I have can attest to the terrible impact this has had on life there).

I looked at this example and thought to myself, "why not recreate that distribution model, except it's being applied to a totally legal and necessary product". And create MASSIVE incentives for our distributors, by paying extremely generous commissions, such that one sale a month is all that's required to earn the monthly wage of the average worker. Remember, we have 40 million unemployed graduates in the country, a tragic waste of fantastic talent. But more importantly, we'd be able to create lots and lots of Naira millionaires because the commissions are so generous. This would be a very proud accomplishment.

We take this further, and open the door to practically anyone to participate in our Referral program (they get commissions lower than our Official Sales Agents for obvious reasons, but still a tidy sum of money).

I'll leave you with an example. We have just received a pre order from a company that requires a 50kW system. The lead was provided by a referrer, who had been following this message thread (and despite our website not going live until tomorrow (fingers crossed - if you've ever worked with web developers, you know that today usually means in 2 days time, but hey, so it goes). He will shortly be picking up a commission payment of N12,500 per kW, totalling N625,000, by way of thank you from us. I'm sure he's suitably pleased. I certainly am, and so too is the customer. The only person not pleased is the diesel vendor. Sales agents receive N20,000 per kW sold.

I'll ask yourselves this question - do I want to get into the biggest renewable energy market, potential wise, in the world, or do I want to wait until your local area is saturated with Agents competing for every business and residential sale.

Apologies for the long post, but I felt it necessary to provide a full and frank response. Yesman deserved it for taking the time to post such a well crafted message, full of genuine questions designed to provoke thought. My sincere thanks to you.

Finally, a brief word on the pricing of electricity, and just why the world has finally woken up to the necessity of renewable energy in general, and Solar Energy in particular. The price of electricity is set to rise quite dramatically over the next 25 years as China, India, and Africa continue to industrialise at a rapid pace. The impact of this is already being felt heavily in the UK, where electricity prices have increased by 250% in 8 years, due to the ever escalating price of gas. All of the British Nigerians on this forum will be able to attest to the fact that energy prices have been increased by an average of 24% for each of the last 3 years - it's an utter scandal. Nigerians have "enjoyed" subsidised prices for many years. These are now being removed by the government, so as to encourage private investment in the sector. In other words, to allow them to freely charge higher prices and make a profit. As if your lives were not difficult enough.

The "official" price of a kWh of electricity in Nigeria today is N19, or $0.12 a unit. I can assure you that within the next 5 year, this will have at least doubled, through the complete removal of the remaining subsidy, and price hikes by PHCN. So expect a price of c. N40 a kWh soon. In comparison, at the prices we will charge for our products, the cost per kWh is $0.09 (N14). And that price is fixed for the next 25 years. So it's massively cheaper than grid electricity in Nigeria, never mind the crazy diesel generators.

I hope this post gives some more food for thought. Power is a very important issue for Nigeria's future, and it's up to us to solve the problem and unlock the enormous potential that lies within our population.

Regards

Uvie
Re: Cost Of Different Sources Of Electricity In Nigeria by tbaba1234: 3:09pm On Apr 08, 2013
Your calculation is inaccurate.

That is what I showed. It is too simplistic.
Re: Cost Of Different Sources Of Electricity In Nigeria by manny4life(m): 3:13pm On Apr 08, 2013
@Barcholder,

Why don't you throw open your own calculation?

I really want to see how you arrived at your own calculation given a 17% capacity factor less low interest rate you assumed in financing.

Please post something similar, not necessarily in Excel sheet (though it will help), but something very basic will suffice.
Re: Cost Of Different Sources Of Electricity In Nigeria by Mugono: 3:14pm On Apr 08, 2013
tbaba1234:
The cost/kwh is definitely higher than what the
Op presented.

A word of CAUTION. We need to remember that the cost/kwh that many Western countries quote will include the cost of purchasing the equipment AND soft costs (e.g. paying Western salaries and other non-product costs). This is critical because these non-producted related costs account for circa 40% of costs thereby increasing the cost/kwh.

In Nigeria, non-producted related costs are a FRACTION of western equivalent prices, which can be passed across to customers thereby bringing the cost/kwh of Solar down.

This is REALLY IMPORTANT and should be factored into any discussion when price comparisons are being made!
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 3:23pm On Apr 08, 2013
tbaba1234: Your calculation is inaccurate.

That is what I showed. It is too simplistic.


We can go back and forth about calculations and numbers all day long. It does not change certain basic facts.

1. Grid electricity can only provide 8% of Nigeria's total energy needs today (5,000MW production versus 60,000MW demand)
2. Not in either of our lifetimes will it be able to even remotely bridge that gap - please bear in mind that 50% of the populace are not even on the grid at all, the demand levels does not even account for them.
3. The population is estimated to more than double by 2050 - energy demands are going to double along with it.
4. Nigerians will only be able to get 24 hours of electricity in their lifetimes by producing their own, as they do now
5. The choices are Generators, which CURRENTLY costs N70 per kWh - upon removal of the remaining subsidy this year, this automatically jumps by 50% to N105 per kWh. OR
6. Solar Energy, which costs 15.5 per kWh (you dispute my calculations - lets at this stage even assume that its really double this number [it's certainly not, and there is no more than a 10-15% degree of error built in], that's still a third of the cost of diesel, with the multitude of environmental benefits.

What are we really arguing about here? Its the biggest no-brainer in the world.

There is a reason everyone in the west is rapidly adopting solar - it's because even here, where we actually receive 24 hours of electricity, grid parity is near, and is certain to go below grid parity in the next year or two. This is despite the fact that solar here is way more expensive than it would be in Nigeria (over 50% of the cost of a Solar Power system is made up of soft costs such as marketing and salaries - these are a tenth of the price in Nigeria).

Think about it.
Re: Cost Of Different Sources Of Electricity In Nigeria by tbaba1234: 3:25pm On Apr 08, 2013
^ My calculation is clear, did you see any non product costs....

Just last year, i wrote a paper (with a couple of my colleagues) on the actual value of photovoltaic energy in urban settings. It was presented at the world renewable energy forum in denver...

Most of my papers have been on photovotaic energy so i know what i am saying...

THERE IS NO WAY PV CAN BE CHEAPER THAN THE GRID ENERGY...
Re: Cost Of Different Sources Of Electricity In Nigeria by princejude(m): 3:26pm On Apr 08, 2013
Barcholder:

Correction - Solar power is used both as grid tied, hybrid, and Stand alone systems. The batteries are easily charged by the Solar Panels, as long as its properly sized. Everything is accounted for, believe that.

Solar panel (with its charge controller) is just a battery charger. You cannot use it alone without a battery. And battery is always GIGO(Garbage-In-Garbage-Out) in other word,you can never take more than what you put inside the battery.
Re: Cost Of Different Sources Of Electricity In Nigeria by tbaba1234: 3:26pm On Apr 08, 2013
I am beginning to think you are a marketer not a technical person... Surely you must have thought that your claims would be disputed.
Re: Cost Of Different Sources Of Electricity In Nigeria by DisGuy: 3:30pm On Apr 08, 2013
OP

have you actually ever been to nigeria.... or been recently?

and

Have you installed this anywhere in Nigeria...yourself ?
Re: Cost Of Different Sources Of Electricity In Nigeria by manny4life(m): 3:39pm On Apr 08, 2013
tbaba1234: I am beginning to think you are a marketer not a technical person... Surely you must have thought that your claims would be disputed.


Honestly, I've been waiting on his calculation. Even you who used 24/365 days a years of constant charging was just too generous, meanwhile he claims 7hrs (1/3rd less of yours), with his admittance of 17% capacity factor. I've been waiting on his, and still waiting to put forward his calculation because I want to see his as well.
Re: Cost Of Different Sources Of Electricity In Nigeria by Mugono: 3:41pm On Apr 08, 2013
tbaba1234: I am beginning to think you are a marketer not a technical person... Surely you must have thought that your claims would be disputed.


I have no doubt Barcholder expected to be challenged and rightfully so! Debate is healthy and a pre-requisite for growth!

I suspect the absolute figures are secondary to the relative cost between various energy sources.
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 3:45pm On Apr 08, 2013
princejude:

Solar panel (with its charge controller) is just a battery charger. You cannot use it alone without a battery. And battery is always GIGO(Garbage-In-Garbage-Out) in other word,you can never take more than what you put inside the battery.

Please get your facts correct. Grid tie systems NO NOT require batteries, and the grid electricity acts as back up.

Off grid systems operate exclusively "off the grid" and require a full battery array to store energy to be used during non daylight hours

Hybrid systems utilise both grid electricity when available, and battery support when not. This is Solar energy 101.
Re: Cost Of Different Sources Of Electricity In Nigeria by tbaba1234: 3:45pm On Apr 08, 2013
Disadvantages

i. Solar energy generally raises the price of electricity when it is on the grid...

ii. It is not yet competitive in most markets, it is improving but it is not there yet....

iii. Areas with plenty sun and little heat are best for it.... Nigeria's heat intensity does not exactly favour it. Heat degrades the system faster.

iv. Inefficient and intermittent

v. Expensive

vi. Can only be used where there is little obstruction to sunlight.

vii. It is difficult to make returns on investment without government incentives

Advantages:

i. It is clean energy

ii. Very small maintenance cost

iii. create jobs...

iv. You can possibly make a return on investment
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 3:46pm On Apr 08, 2013
manny4life:

Honestly, I've been waiting on his calculation. Even you who used 24/365 days a years of constant charging was just too generous, meanwhile he claims 7hrs (1/3rd less of yours), with his admittance of 17% capacity factor. I've been waiting on his, and still waiting to put forward his calculation because I want to see his as well.

Sorry, i'm not following your point. Please explain what it is you are asking me, and I'll do my best to oblige.

Thanks
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 3:48pm On Apr 08, 2013
tbaba1234: Disadvantages

i. Solar energy generally raises the price of electricity when it is on the grid...

ii. It is not yet competitive in most markets, it is improving but it is not there yet....

iii. Areas with plenty sun and little heat are best for it.... Nigeria's heat intensity does not exactly favour it. Heat degrades the system faster.

iv. Inefficient and intermittent

v. Expensive

vi. Can only be used where there is little obstruction to sunlight.

vii. It is difficult to make returns on investment without government incentives

Advantages:

i. It is clean energy

ii. Very small maintenance cost

iii. create jobs...

iv. You can possibly make a return on investment



Funny. Next time you copy and paste an article from the web, you would do well to take a note of the date. Solar Energy is one of the fastest moving industries in the world. Information from just a few years ago is now obsolete.

Case in point - the cost of solar energy has fallen by 75% in the last 4 years. Feel free to verify that fact.
Re: Cost Of Different Sources Of Electricity In Nigeria by Barcholder: 3:51pm On Apr 08, 2013
Dis Guy: OP

have you actually ever been to nigeria.... or been recently?

and

Have you installed this anywhere in Nigeria...yourself ?

Yes. My installation team have installed numerous systems in Nigeria to date. All are working like a dream. If you would like proof, I'll go as far as getting my lead installer to join Nairaland specifically to answer all questions you have.

I'm a great believer in the maxim "the proof of the pudding is in the eating". You will bear witness to the rapid expansion of Solar Energy into NIgeria. Of that you have my solemn vow.

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