Price of MTN Solar Inverter in Nigeria

by Opeoluwa Falodun

More and more Nigerians are turning to solar energy as an alternate form of power generation because there doesn’t seem to be a solution to the country’s epileptic power supply situation. Solar power has a major drawback related to cost, but overall it is a clean, safe, and affordable energy source.

To supply Nigerians with solar electricity for essential purposes at a reasonable price, the MTN-Lumos solar inverter system was developed. The MTN “Yellow Box” can be all you need if you’re having trouble lighting up your rooms at night, charging your laptop or mobile phone, or both.
If you want to learn more about the MTN Lumos system, we previously wrote a thorough piece on it:

But in this article, we’ll examine the cost of an MTN solar inverter in Nigeria, the prerequisites for purchasing one, and other crucial details.

READ – DOWNLOAD FEASIBILITY PLAN FOR SOLAR PANEL INSTALLATION PLAN

 Pricing Model for MTN Mobile Electricity

The Pay As You Go nature of the MTN-Lumos solar power system must be noted. In other words, you may take use of the package without having to pay for it all at once. Instead, you can pay in little amounts over time as long as you keep using the gadget. This makes it simple for the majority of individuals to eventually acquire the setup (after making the payment) without going over budget.
The MTN Lumos mobile energy service offers a variety of payment plans that you may select from based on your financial situation thanks to its flexible pricing strategy.

  • Daily payment == N300 (per day)
  • Weekly payment == N1,800 (per week)
  • 20 days == N4,300 (every 20 days)
  • 30 days == N5,400 (per month)
  • 60 days == N10,000 (bimonthly)
  • 90 days == N14,000 (quarterly)
  • 180 days == N26,000 (every 6 months)
  • 365 days == N51,000 (per year)
  • 1800 days == N240,000 (one-time pay)

Important things to keep in mind

You must pay N28,000 as a one-time setup and installation cost when you first sign up for the service. The above-mentioned subscription/repayment schemes are not applicable to this price.
The entire package is still MTN-Lumos’ property, and they reserve the right to take it away from you at any moment if you don’t abide by the terms and conditions. Therefore, refrain from trying to skimp on the service or the setup’s components.

The average daily cost of your payments decreases the less often you pay with solar inverter. Your best chance is to pay monthly, quarterly, or even yearly, if feasible. For instance, daily payment attracts N300 each day, but monthly payment attracts N5,400 (N180 daily average).

Regardless of whether you utilize the system or not, if you pay daily, monthly, or biweekly, you must pay for a minimum of 20 days each month. You run the risk of having your service terminated and having MTN-Lumos seize your equipment if you break this regulation.

The system automatically turns to debiting you for the daily plan amount if your payment is past due unless you choose to renew. The system would be locked and you wouldn’t be able to use the solar power generated by the setup if you didn’t have enough credit to meet this daily payment for a few days.

READ – HOW TO START SOLAR BUSINESS IN NIGERIA

MTN-Lumos Solar System: The One-time Purchase Option

The MTN Lumos solar setup is now available for a one-time purchase on Jumia Nigeria’s website for users who would want to have it to themselves without committing to a long-term payment plan.

The fact that Lumos presented a more potent alternative in addition to the standard Yellow Box is even more intriguing. They gave the less potent variant the name “Lumos Prime” and the ordinary option the name “Lumos Eco”.

With the new breakthrough, Lumos has opened up access to its solar power system to the general public. Nigerians may now select between a one-time purchase or a pay as you go option.

Lumos Eco

  • 1 x 80W solar panel
  • Indoor unit with 200Wh battery
  • 2 LED bulbs
  • 1 DC-AC converter (60W)
  • 2 x 5V USB cables
  • 4 x 12V DC sockets

Lumos Prime

  • 2 x 80W solar panels
  • Indoor unit with 330Wh battery
  • 4 LED bulbs
  • 1 DC-AC converter (85W)
  • 2 x 5V USB cables
  • 4 x 12V DC sockets

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