{"id":1749,"date":"2017-02-05T01:02:49","date_gmt":"2017-02-04T23:02:49","guid":{"rendered":"http:\/\/www.privateproperty.com.ng\/?p=1749"},"modified":"2017-09-05T17:04:31","modified_gmt":"2017-09-05T15:04:31","slug":"nigerian-homeowners-embrace-solar-power-options-experts","status":"publish","type":"post","link":"https:\/\/privateproperty.ng\/news\/nigerian-homeowners-embrace-solar-power-options-experts\/","title":{"rendered":"Nigerian Homeowners Embrace Solar Power Options – Experts"},"content":{"rendered":"

Are Nigerian landlords dumping generators for solar power?<\/span><\/h1>\n

Experts in Nigeria have <\/span>revealed<\/span><\/a> that given the history of Nigeria with epileptic power supply, a growing number of property owners are investing more into solar power.<\/span><\/p>\n

In 2016, solar energy became a very topical issue for property and energy experts in the face of Nigeria’s failure to generate sufficient electricity for its citizenry.<\/span><\/p>\n

\"Nigeria's<\/a>
Nigeria\u2019s energy consumption chart by Energypedia<\/em><\/figcaption><\/figure>\n

Private Property spoke to a cross section of Lagos residents and we gathered that while several neighbourhoods have witnessed a surge in the use of functional solar panels, many others are yet to fully embrace alternative source of energy.<\/span><\/p>\n

Neighbourhoods in Lagos using solar power include Toyin Street and GRA in Ikeja, Ogba, Yaba, Bode Thomas, Lekki, Ikoyi, Banana Island, Magodo, some parts of Agege and a few other parts of the Lagos Metropolis.<\/span><\/p>\n

Parts of Lagos where residents have not witnessed a rise in homeowners relying on solar energy include Mushin, Alimosho, Ikorodu, Ojota, Akute, Makoko, Alakuko, Abule Egba and a long list of others.<\/span><\/p>\n

\"Solar<\/a><\/p>\n

The electricity concern<\/b><\/h2>\n

We should point out here that Nigeria had a peculiar problem with electricity. According to the <\/span>World Energy Council<\/span><\/a>, on average, Nigerian households have access to less than 600-kilowatt hours a year of electricity, compared with a global average of nearly 3,500-kilowatt hours a year.<\/span><\/p>\n

To put the problem of electricity into perspective, a good reference would be the story of the refrigerator bought by <\/span>Todd Moss<\/span><\/a>, the Vice President and senior fellow at the Center for Global Development. The graph below shows electricity consumption across some African countries when compared to Moss’ fridge.<\/span><\/p>\n

\"Electricity<\/a>
Electricity consumption in different countries | Image: Washingtonpost<\/em><\/figcaption><\/figure>\n

Interestingly, in August 2016, the <\/span>Japanese government donated solar power worth $9.7 million<\/span><\/a> to the Federal Government to boost electricity in the country.<\/span><\/p>\n

Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola has pointed out that the Federal Government would <\/span>develop 20 per cent of total energy<\/span><\/a> consumed in Nigeria from renewable sources by 2030.<\/span><\/p>\n

\"Babatunde<\/a>
Minister of Power, Works and Housing, Babatunde Fashola on developments in the energy sector | Image: The Sheet<\/em><\/figcaption><\/figure>\n

 <\/p>\n

Companies licensed<\/span><\/a> by the Nigerian Electricity Regulatory Commission, NERC to be involved in the development of the solar projects plants include:<\/span><\/p>\n