Energy For All Initiative
From the Bottoms Upwards A Convenient Payment Plan for Every Business
PHENOM ELECTRICAL WORKS LTD is at the forefront of renewable energy solutions for over 15 years, with our focus on the Commercial and Industrial (C&I) sector. We cater to the energy needs of every organisation regardless of size or capacity from 3.5kW to Megawatts of power; from SMEs to full-scale industries.
Power is at the core of every business. We propose a solution that provides stable, reliable power at a fixed flat cost for business planning and projections. Clean and green, it positions your organisation as one impacting positively on the climate change campaign.
Our business plan for C&I is acquisition via Lease to Own (LTO) or Energy as a Service. The LTO service can be financed through our partner institutions, with payment spread over 2-3 years for convenience.
The energy challenge facing Nigerian businesses has changed. It is no longer only about unreliable supply it is now the combined pressure of unreliable grid electricity, rising electricity tariffs, high diesel/petrol cost, generator maintenance, and the difficulty of planning day-to-day operations around unstable energy expenses.
Discos Band "A" tariff references indicate about NGN 241.50/kWh, with Band A associated with 20+ hours of supply. As of 18 May 2026, diesel was reported at about NGN 1,811.88/litre and petrol at about NGN 1,300/litre using a practical generator output of 3.2-3.8 kWh/litre, fuel-only diesel power can cost between NGN 477/kWh and NGN 566/kWh, before servicing, lubricants, operator cost, logistics, and overhauls.
A 50/50 grid-diesel mix illustration, with fuel projected at ₦1,400/litre.
| Energy Source | Cost Basis | Cost |
|---|---|---|
| Grid Supply | Band "A" Tariff | NGN 241/kWh |
| Generator | NGN 1,400/litre @ 3.2kWh/litre | NGN 437.5/kWh |
| Generator (O&M) | Fuel + Maintenance + Logistics | Above NGN 380/kWh |
| 50/50 Grid + Generator | 50% Grid + 50% Generator | NGN 339.25/kWh |
The process is simple: we will conduct a power audit of your firm to ascertain your basic power requirement. For LTO, we raise an invoice for the proposed installation, and an adequate finance partner is chosen for the financing. Within 3-4 weeks, the installation is effected and the project commissioned.
For Energy as a Service (EaaS), the tariff is determined, a Power Purchase Agreement (PPA) is drafted and signed; an appropriate financial partner is secured and the service deployed. The timeline for EaaS is a little longer than 3-4 weeks.
We have tailored packages for every business sector across Nigeria.