Published on 06/03/25
How Earthbond Makes Solar Loans Accessible for SMBs
What if you could power your business with clean, reliable energy witho…
What if you could cut your business's monthly power expenses by 70%? That's exactly what happened to Chidi's manufacturing business in Lagos when he invested in the right solar inverter system. However not all business owners know which inverters offer the best value for their investment.
With over 85% of Nigerian businesses citing power challenges as their biggest operational hurdle, finding a cost-effective solar inverter isn't just smart—it's crucial for survival. From compact 3.5kVA units perfect for small shops to robust 10kVA systems for larger operations, let's unveil the most budget-friendly solar inverters transforming businesses across Nigeria.
Solar Inverter Brand | Products | Size | 10kW Price | Price Range | Pros |
---|---|---|---|---|---|
SMA | Sunny Boy, Sunny Tripower, Sunny High power | 1.5-150kW | N5,000,000 | N1,000,000 - N12,000,000 | Durability and reliability, Advanced grid management capabilities |
Victron Energy | Victron MultiPlus, Victron EasySolar, Victron Quattro | 0.8-15 kVA | N5,000,000 | N800,000 - N7,200,000 |
Versatility and compatibility, Advanced battery charging, and remote monitoring |
Fronius | Fronius Primo, Fronius Symo, Fronius Eco, Fronius Gen24, Fronius Tauro | 3-100 kW | N3,500,000 | N1,000,000 - N9,000,000 |
High performance and precision, Compatibility with different PV system sizes |
Huawei | Huawei SUN | 3-100 kW | N4,500,000 | N810,000 - N8,500,000 | Cutting-edge technology and smart energy management, High efficiency |
Deye | Smart Hybrid, Smart String | 3 - 50kW | N3,200,000 | N1,800,000 - N12,000,000 | Cutting-edge technology, Local availability and support |
SRNE | HESP Series, ASF Series, HF Series | 3 -12 kVA | 2,000,000 | N471000 - N3,300,000 |
Robust design and high efficiency, Compatibility with different solar panel technologies |
Growatt | Growatt MIN, Growatt MAX | 3- 253 kW | N2,600,000 | N625,000 -N18,000,000 |
Performance and reliability, Compatibility with various PV system configurations |
Luminous |
Eco Volt Neo, Zelio inverter, Optimus range, Solar Hybrid, Cruze, I-Cruze Range, Pro 3-Phase |
0.875-30 kVA | N1,255,000 | N180,000 - N5,000,000 |
Affordability and user-friendly interfaces, Built-in protections against voltage fluctuations |
Schneider Electric | Conext XW+ Conext SW, Conext TX, SunEzy | 0.85kVA-125kW | N5,500,000 | N350,000 - N9,500,000 |
High efficiency and reliability, Seamless integration with building management systems |
Prag | Prag Solar Inverter | 1.2-15 kVA | N3,300,000 | N317,700 - N4,000,000 | Affordability and reliability, Weather resistance |
Products: Sunny Boy, Sunny Tripower, Sunny High power
Size Ranges: 1.5-150kW
Price Range: ₦1,000,000 – 12,000,000
10kW Price: ₦5,000,000
Advantages: Durability and reliability, Advanced grid management capabilities
Disadvantages: Higher price point
Products: Victron MultiPlus, Victron EasySolar, Victron Quattro
Size Ranges: 0.8-15 kVA
Price Range: ₦800,000 – ₦7,200,000
10kW Price: ₦5,000,000
Advantages: Versatility and compatibility, Advanced battery charging, and remote monitoring
Disadvantages: Complex installation for some models
Products: Fronius Primo, Fronius Symo, Fronius Eco, Fronius Gen24, Fronius Tauro
Size Ranges: 3-100 kW
Price Range: ₦1,000,000 – ₦9,000,000
10kW Price: ₦3,500,000
Advantages: High performance and precision, Compatibility with different PV system sizes
Disadvantages: Higher price point
Products: Huawei SUN
Size Ranges: 3-100 kW
Price Range: ₦810,000 – ₦8,500,000
10kW Price: ₦4,500,000
Advantages: Cutting-edge technology and smart energy management, High efficiency
Disadvantages: Limited availability and compatibility concerns
Products: Smart Hybrid, Smart String
Size Ranges: 3-50 kW
Price Range: ₦1,800,000 – ₦12,000,000
10kW Price: ₦3,200,000
Advantages: Cutting Edge Technology,
Local availability and support
Disadvantages: Higher price point
Products: HESP Series, ASF Series, HF Series
Size Ranges: 3-12 kVA
Price Range: ₦471,000 – ₦3,300,000
10kW Price: ₦2,000,000
Advantages: Robust design and high efficiency, Compatibility with different solar panel technologies
Disadvantages: Larger sizes are not available
Products: Growatt MIN, Growatt MAX
Size Ranges: 3 - 253 kW
Price Range: ₦625,000 – ₦18,000,000
10kW Price: ₦2,600,000
Advantages: Performance and reliability, Compatibility with various PV system configurations
Disadvantages: Firmware update issues
Products: Eco Volt Neo, Zelio inverter, Optimus range, Solar Hybrid, Cruze, I-Cruze Range, Pro 3-Phase
Size Ranges: 0.875-30 kVA
Price Range: ₦180,000 – ₦5,000,000
10kW Price: ₦1,255,000
Advantages: Affordability and user-friendly interfaces, Built-in protections against voltage fluctuations
Disadvantages: Availability might vary across regions
Products: Conext XW+ Conext SW, Conext TX, SunEzy
Size Ranges: 0.85kVA-125kW
Price Range: ₦350,000 – ₦9,500,000
10kW Price: ₦5,500,000
Advantages: High efficiency and reliability, Seamless integration with building management systems
Disadvantages: Higher price point
Get the Schneider Electric quote
Products: Prag Solar Inverter
Size Ranges: 1.2-15 kVA
Price Range: ₦317,700 – ₦4,000,000
10kW Price: ₦3,300,000
Advantages: Affordability and reliability, Weather resistance
Disadvantages: Compatibility limitations
Rising diesel costs shouldn't drain your business profits. With these affordable inverter options and Earthbond's flexible financing, you can join thousands of Nigerian businesses enjoying reliable, clean energy.
Take the first step toward energy independence today. Visit the Earthbond shop and choose from our variety of high quality solar solutions for your business, or contact our team on WhatsApp to discuss your energy needs and financing options.
Remember, the best time to switch to solar was yesterday; the next best time is now. Let Earthbond help you make that switch affordable and hassle-free.