Energy Package

Power Solution for MSMEs

From the Bottoms Upwards Clean Energy with Business Expansion Funding

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. This sector is critical because of the role it plays in the day-to-day living of every citizen. 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. What's more, it's clean and green, positioning 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. In the course of providing this solution, we can also help finance the upgrade of some equipment to more energy-efficient models for better efficiency, increased productivity, and to facilitate stable repayment and future business growth.

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Warranties
Solar Panels 20 years
Inverters 7 years
Battery 8 years

First-tier dealership warranty on every product deployed. Quality guaranteed.

Who This Is For
Small/Medium Scale Enterprises Hospitals Schools Hotels Lounges Real Estates Apartments Offices Eateries Restaurants Pharmacies

The Energy Cost Pressure Facing Nigerian Businesses

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.

Practical Cost of Grid / Generator / Mix

A 50/50 grid-diesel mix illustration, with fuel projected at ₦1,400/litre.

Energy SourceCost BasisCost
Grid SupplyBand "A" TariffNGN 241/kWh
GeneratorNGN 1,400/litre @ 3.2kWh/litreNGN 437.5/kWh
Generator (O&M)Fuel + Maintenance + LogisticsAbove NGN 380/kWh
50/50 Grid + Generator50% Grid + 50% GeneratorNGN 339.25/kWh

A 10kW generator running for 10 hours consumes approximately 25 litres of diesel and generates a cumulative 100kWh. Projecting diesel consumption at NGN 1,400 x 25 litres = NGN 35,000. A 10kW Solar System producing the same 100kWh over 10 hours costs approximately NGN 16,198 all-inclusive with full ownership after 2 years and zero payments for the next 7 years.

Against the grid rate of NGN 241/kWh, our Solar Solution amounts to roughly NGN 161.99/kWh. Please note that the above Solar System cost is financed, and as such contains charges and cost of funds. There is really no basis for comparison.

Procedure

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, terms agreed and signed; an appropriate financial partner is secured and the service deployed. The timeline for EaaS is a little longer than 3-4 weeks.

Documents Required
  • CAC Documents
  • One Year Bank Statement (most recent)
  • Audited Financial Report (last 3 years)
  • Cash Flow Projection and Assumptions (3 years)

Solar Panels can be installed on rooftops, solar carports, stanchions, or open spaces deployed with utmost professionalism. The indoor units Inverters, Batteries, Safety features and Breakers carry first-tier dealership warranties. We also work on 'Buffers' to ensure downtimes are reduced to near zero in the event of replacements.

Explore our other energy solutions

We have tailored packages for every business sector across Nigeria.