Solar Energy, A Complement To FTA - Satellite TV Technology (2227) - Nairaland
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| Re: Solar Energy, A Complement To FTA by jmaine: 7:08pm On Jan 02 |
Valto:So yours is within the price range of the Deriy 16kwh EVE product. |
| Re: Solar Energy, A Complement To FTA by Obnoxious2001(m): 8:18pm On Jan 02 |
dacool1:This things goes both ways. I was actually refraining from saying anything on this subject, but let me make my contributions. If OP had procured the materials himself and reached out just for installation services and he was charged a percentage of the worth of materials, on this forum a lot of folks will say it's a rip off. ( speaking from an electrical installation perspective, the regulatory body allows you to charge within 10-15% ). If the contractor, is fully aware of a particular product downside been procured by the client, he will likely take blames for not disclosing it. Now, in this case we are mentioning greed, let's do a cost analysis of both products. Lvtopsun From the company it will cost around ₦1,650,000 this is the average cost of lithium batteries in Nigeria from any Chinese company (This is likely why deriy batteries are quite cheaper) Dealers get a margin of around 10% So let's round off to ₦165,000 This brings the cost to around ₦1,815,000. Then Alaba market price is 1.9m -2.2m. Nigerian assembled The still sell around the same ₦1,650,000 - ₦1,700,000 And they operate with B2C model. So their cost is almost low. The question is, how many percent margin should you charge as a service provider/contractor? I don't know what the warranty terms are, but the client will likely hold the service provider/contractor responsible. What's the essence of this analysis We are looking the 400k difference in price is quite huge because it's a Nigerian made product. Aftersales service are secondary problem. I intentionally ignored logistics.( Op had a budget of 100k for logistics and delivery) Which likely bring Mr Reed battery to 1.9m Look at the situation from the cost and not just the amount of money. This is a good basics for resolution |
| Re: Solar Energy, A Complement To FTA by smallsmall: 8:01am On Jan 03 |
Judgementday666:God bless you abundantly this New Year, for saying it, as it is. I am alarmed by some of the comments l am reading from some members here and we are all taking note. These comments seems to imply that Corruption/Cheating/Lack of integrity has been Normalized. A Client relies on the advise of the Installer/Consultant and does so in good faith. The Client was steered away from his original intention, by the Installer, specifically because the installer knows he would make excessive Profit, from where he is steering the Client to. Very Sad! It is like when an installer tells the Client to by 22 Units of 200W Panels, to make 4400W of Panels, when he could have advised the Customer to buy 6 Units of 750W, to make 4500W....... because the installer knows he would make more money from that shyte, low Wattage Panels, without taking the interest of the Client at heart. This is the summary of most Service Providers in Nigeria: Greedy Shysters without a shred of fear of God. But one thing @Trippledots needs to realize, is that "Money will Finish" but Reputation (Good or Bad), especially in this age of "Internet never Forgets', sticks with one like Super Glue. It is for a reason, that everyone speaks well of Valto (I am currently going to convince someone to buy Two 16KW from him, an elderly man and l will be staking my own reputation on it, on behalf of Valto, because l know he wont deceive) .. and Mr. Reed. Profiting is good but let it be reasonable and dont take the Customer for a fool..., Rapid 'TurnOver' is even better. My Advise: Refund the difference, the amount yo cheat your Client for, back to him. Apologise and let him perhaps, delete this Complaint. If anyone tells you or you convince yourself that "Nothing go happen", well, Karma is a biatch, as they say. Cheers and happy New year to everybody My Advise, for whatever it is worth: |
| Re: Solar Energy, A Complement To FTA by Nobody: 8:11am On Jan 03 |
People are now making up calculations for the accused, some are outrightly justifying something bad, then you start to wonder why they are doing that. Even the accused did not make all these calculations. I throw spit at you all in this, Nigeria is duumed. Damn. |
| Re: Solar Energy, A Complement To FTA by bassdow: 9:18am On Jan 03 |
Obnoxious2001:see eh, in Nigeria, issue no be say you thief or defraud person, most times issue be say no be me do am hence reason why a hardened criminal go follow pannel beat a mere thief wey chop food no pay money complete. A lot of us go criticize you so tey you go think say we any different. Major issue be say, the bros for at least ensure all the features worked including the commnunication port. Why I go spend such funds and something as common as communication port no dey/work + the client kinda seem reasonable hence wondering why they allowed this come to public scrutiny |
| Re: Solar Energy, A Complement To FTA by bassdow: 9:20am On Jan 03 |
BigDickProblems:welcome to ma corn3 Nigeria. It might be called damage Control. Shey you no want make dem support dem own ? Even the scriptures said "Don't judge so you may not be Judged" |
| Re: Solar Energy, A Complement To FTA by BryanWyatt: 10:01am On Jan 03 |
Valto:16kwh Lvtopsun battery is water proof and it can be installed outside especially where space is a constraint and landlords that fear fire outbreak from battery. It also has fire extinguisher and wifi for remote monitoring of the battery cells |
| Re: Solar Energy, A Complement To FTA by Valto(m): 10:15am On Jan 03*. Modified: 10:33am On Jan 03 |
BryanWyatt:lolz , so these few details make it to be 700k more costly ? ![]() LVTOPSUN 16KWH used, gangfeng 314ah cells that pulls 323ah on capacity test VALTECH ENERGY uses brand new Gotion 314ah cells that pulls over 333ah on capacity test with 12,000 cycles. we uses the latest version V19 JK 200A 2A active balancer smart inverter bms with communication ports, our batteries has superior Bluetooth monitoring app. original CHINT 125A 2pole DC circuit. A well coupled battery doesn't need any fire extinguisher also let me educate u, lifepo4 cells rarely catch fire, rather it smokes and your fire extinguisher ,can't stop or prevent it from doing so.as for installing it outside ,goodluck with that in Nigeria , u will wake up without light and your batteries ![]() |
| Re: Solar Energy, A Complement To FTA by dollarnaira(m): 10:48am On Jan 03 |
Sincerely speaking English is a hard language. |
| Re: Solar Energy, A Complement To FTA by jmaine: 10:57am On Jan 03 |
Valto:LVTOPSUN 16kwh is N2.6 M currently ..... How much is yours....? |
| Re: Solar Energy, A Complement To FTA by jmaine: 10:59am On Jan 03 |
BigDickProblems:The thing tire person oo... They are like "You don fall mugu", go home and rest.... No reprimand for the alledge cheat.... It's well... |
| Re: Solar Energy, A Complement To FTA by Drgreatone: 11:53am On Jan 03 |
I still dont understand some of the comments made here especially on a business deal that we were not involved in from the onset. Instead of encouraging them to resolve their issues amicably, its judgement some are passing and calling the vendor names as if una holy pass. U can not dictate the amount a businessman sells his products, no where in the world is that done. Wud this uproar still be same if the client didnt know battery was gotten from Mr Reed? Or if he had gotten same from Alaba? Some of u here buy soft drinks/water at exorbitant prices at restaurants/hotels but see no issue with it yet if the woman by the street attempts it, all hell wud be let loose and even she wud be called names. The hypocrisy!!! Some ppl here advertised their goods at ? exorbitant prices and u cant blame them as its business but one benefit of this group has been to link u directly to direct sellers so u can get it cheap. Its ow I got to know valto, danfreey,mr reed, zeestone and even fouani. Like the slogan on the TG solar group, everyone is encouraged to DYOR(do your own research). Its to avoid tales like this. We will all be fine last last. If i give u price and you dont like it, look for someone else. The sky is big enough for all the birds to fly in. |
| Re: Solar Energy, A Complement To FTA by adrusa: 12:25pm On Jan 03 |
Drgreatone:This situation is not about a simple vendor–buyer relationship. It involves an installer who deliberately misrepresented the cost of a battery in order to charge an excessive price for the material, on top of his labour and service fees. The installer did not claim to be the seller of the battery. Instead, he falsely told his client that the inflated price was the actual cost of the battery, and that it was equivalent in quality to his preferred choice — which was untrue. While it’s common for artisans to add a markup on materials as part of their business model, doing so through deception is unethical. A modest fee for logistics or handling is understandable, but a markup of 30% or more — amounting to hundreds of thousands in profit on a single battery — is unreasonable. If someone wants to profit from selling materials, they should operate transparently as a retailer, where they can set prices as they wish. As an installer, however, the fair approach is to charge openly for labour and logistics, not to disguise excessive profit margins within the material cost. |
| Re: Solar Energy, A Complement To FTA by Obnoxious2001(m): 1:03pm On Jan 03 |
bassdow:The features might not really be a problem. It can always be upgraded. Besides from experience, a lot of Nigerian don't really use this features. But then it has been paid for so deploy it |
| Re: Solar Energy, A Complement To FTA by Obnoxious2001(m): 1:06pm On Jan 03 |
| Re: Solar Energy, A Complement To FTA by Obnoxious2001(m): 1:37pm On Jan 03 |
adrusa:Following the bolded, it is within the installer capacity to act as both. Besides a lot of Nigerian solar companies rendering installation and sales companies does it. Besides it seems a lot of end users are on this thread and don't seem to understand that this are people means of livelihood |
| Re: Solar Energy, A Complement To FTA by Drgreatone: 1:41pm On Jan 03 |
I doubt if there's an installer who isnt also a retailer. Its why u get different quotes from different ppl based on their access to items/profit margin. If u want the service of an installer alone, then its best to get all the materials urself from the company/wholesaler and all the installer does is come and install. Its what most of us would do and then this scenario wont play out. If u want the installer getting the items, do ur own diligence too so u can get ur money's worth. adrusa: |
| Re: Solar Energy, A Complement To FTA by bassdow: 2:57pm On Jan 03 |
Drgreatone:not all installers are retailers Ooo. in fact, most retailers are not installers. Me often say it loud that I buy things from the market and either installs for you or builds for you. Moreover na my side hustle as I am full time computer bros. issue isn't making money, issue is trying to make so much on a single transaction. it's one of the things I have repeatedly decried in here BUT people go dey do like say I dey frustrated. I do so because I am both a consumer and service provider. see eh, person wey use 500 million naira build 3 bedroom flat unSupervised, go think say person wey use MUCH less than that built subStandard house. Once again, make a lot of us no do like say we're any different. I reCall sometime ago sharing having to buy 350watts solar panels for a client when I would have made much more buying 280watts and same client would still have been happy because e for still work based on their knowledge except to me, it would have been rubbish. Put the client's interest first and go your way. Funny enough, said client still do me any how BUT I wasn't moved. mayBe because I had other source of inCome. Imagine if that's my only means of livelihood. So atimes no too blame people. na when hunger worry you, you go understand. My own na to ensure such avenue doesn't arise hence why I overSupervise because a lot of them go still cheat you even when hansomely paid probably out of greed. |
| Re: Solar Energy, A Complement To FTA by Ferdiwar: 2:57pm On Jan 03 |
Noted Boss, thanks for the response. Valto: |
| Re: Solar Energy, A Complement To FTA by Unfaized: 5:05pm On Jan 03 |
I don't support what Trippledot did. Marking up by a whole 400k off one item in the entire project begs the question how much mark up was done on other items. U still went ahead to charge premium for your services. Even the builder isn't making such profit per unit. Let's stop pretending, nobody would give a project to a contractor after discovering such huge mark ups. It's pure greed. Nothing else. I will call you out, just like I'll send warning out to my friends if a contractor tries to bank off my ignorance. Not saying you shouldn't eat, but 400k for a single item without giving me the feature packed one is pure greed man. Do the right thing. |
| Re: Solar Energy, A Complement To FTA by SolomonGrundy: 6:43pm On Jan 03 |
Unfaized:Such mark up is diabolical. I don't know why people are so economical with the truth. I feel so irritated reading some takes here about the whole thing. Over profiteering off someone all in the name of "it's business" is the most crazy thing I've ever heard. Some persons want to make all the millions in this world off just one job. Smh |
| Re: Solar Energy, A Complement To FTA by jmaine: 10:04pm On Jan 03 |
Drgreatone:Severely flawed reasoning. 1) He lied to his client that LvTopsun was not complete to lure his client into his scheme. 2) He profitted excessively while providing his clent with a product that lacked certain features his preffered choice had.. That is a clear scam . Stop sugar coating it. |
| Re: Solar Energy, A Complement To FTA by bkuranga(m): 12:40am On Jan 04 |
Drgreatone:Abeg, how do I join this TG group? |
| Re: Solar Energy, A Complement To FTA by mctfopt: 6:34am On Jan 04 |
Valto:Bro easy on the 12,000 cycles as that claim is sort of gimmicky
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| Re: Solar Energy, A Complement To FTA by Valto(m): 7:00am On Jan 04*. Modified: 9:00am On Jan 04 |
mctfopt:no be me write am bros , it is what it is. |
| Re: Solar Energy, A Complement To FTA by dollarnaira(m): 8:01am On Jan 04 |
mctfopt:Even a cycle of 4000 is years of years. Lithium ion despite having cycle of 400 to 800 are staying up to 8yrs. All Lithiums to me is practically years of years...before hitting 80%.
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| Re: Solar Energy, A Complement To FTA by Judgementday666: 10:36am On Jan 04 |
smallsmall: |
| Re: Solar Energy, A Complement To FTA by jmaine: 2:19pm On Jan 04 |
jmaine:24 Hours later and Valto has ignored the simple question. Okay oo.. |
| Re: Solar Energy, A Complement To FTA by HeavenlyBang(m): 2:55pm On Jan 04 |
jmaine:Pretty sure he lists prices on jiji. |
| Re: Solar Energy, A Complement To FTA by Bb007: 4:23pm On Jan 04 |
Those people justifying what he did are under the same umbrella and people should note and be wary of doing business with them. If someone does the same to them, their views will be different. 400k profit on a single item is definitely diabolical as you have said. And they'd still collect installation fee SolomonGrundy: |
| Re: Solar Energy, A Complement To FTA by jmaine: 4:38pm On Jan 04 |
HeavenlyBang:His price on jiji does not reflect his claim of his battery being 600 - 700k cheaper than LVTOPSUN 16kwh... |
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it is made with brand new grade A 12,000 cycles cells and the best JK latest version V19 smart bms with communication ports, and original CHINT 125A 2pole DC circuit breaker , original 2pairs 200A battery terminals !
, it is what it is.