Solar power is becoming more popular in Namibia, and with good reason. Solar systems have been shown to reduce electricity consumption and save money for homeowners. The average cost of solar panels has fallen dramatically over the last few years, allowing more households to go green and switch to renewable energy.
Today, that same system can be installed for approximately NAD 25,000.
This is the average price for a 6 KW solar system in Namibia and includes the cost of installation, inverter and panels. The average payback period for a residential solar system in Namibia is approximately 7 years. In fact, you may already have some money saved up that you don’t know what to do with!
In fact, the cost of solar is now half of what it was in 2008.
In fact, the cost of solar is now half of what it was in 2008. A decade ago, an average 6-kilowatt-hour residential solar system could cost more than NAD 50,000 (US$10). Today that same system costs about twice as much for a similar amount of energy generated.
The average cost for a residential solar system in Namibia is NAD25000.
This is the amount you will pay to install your solar panels, electricity inverter and other equipment before it generates any power. You should also consider how much money you want to save by not paying electricity bills or buying kerosene at night.
If you are looking at installing solar panels on your roof, then there are several factors to consider before making your final decision:
- Is there enough space on my roof? Solar panel manufacturers have come up with several designs that meet various needs but they all need room on their surface area to function properly so make sure anything above 5 meters will not fit!
- Do I need any extra batteries? While batteries can help extend the life of your PV system (as well as reduce its cost), if someone else is going off the grid for an extended period then this could mean multiple battery packs would be required instead of just one large unit as we did here at our house.”