With the rising costs and unreliable power supply, more Nigerians are looking into generators as a backup power source or even their main supply. We get it, you want the low down on the latest generator prices so you can find one that fits your budget. In this post, we’ll give you the full scoop on generator prices from the major brands like Honda, Firman, Elepaq and more. We’ve done the research for you and will break down how much you can expect to spend in 2024 on a generator from 5KVA to 15KVA based on market analysis and expert projections. We’ll also give tips on getting the best deal and deciding which generator capacity you really need.
Overview of a Generator
A generator is a device that converts mechanical energy into electrical energy. It generates temporary electrical power by using a fuel source like diesel, gasoline, propane or natural gas. Generators are useful when the main power supply fails or when power is needed at a location where normal utility power is unavailable.
How Generators Work
Generators work by converting the rotational energy from an internal combustion engine (or turbine) into electrical energy. The engine spins an electromagnetic device called an alternator which produces an electric current. This alternating current (AC) power is converted into direct current (DC) power for charging batteries or modified into AC power for operating AC equipment.
Most generators for home or small business use are powered by small gas or diesel engines. Larger generators, like those used to power hospitals or data centers, often use turbine engines fueled by natural gas. The size of a generator, measured in watts or kilowatts, depends on how much power is needed to run the necessary equipment.
Uses of Generators
Generators provide backup power in case of emergencies like power outages. They are also used at job sites, campsites or outdoor events where grid power is unavailable. The most common uses of generators include:
- Powering critical medical equipment like ventilators, refrigerators, sump pumps etc.
- Providing emergency backup power for homes, data centers, telecom towers etc.
- Supplying power at construction sites, film shoots, music festivals and other events.
- Charging tools and batteries at jobsites where grid power is unavailable.
- Powering recreational vehicles, food trucks, tents and portable buildings.
Generators range from small portable units for powering a few basic appliances during an outage to large permanently installed units for backing up entire facilities. Choosing the right size and type of generator depends on how much power you need and how critical power continuity is for your application.
Factors That Affect Generator Prices in Nigeria
Several factors affects the prices of generator in Nigeria including the following:
Demand and Supply
The demand for generators in Nigeria far outstrips the supply due to the poor power situation. When demand is high and supply is low, prices go up. As more generators are imported into the country and local production increases, prices may start to drop.
Fuel Type
The type of fuel a generator uses also affects its price. Generators that use diesel as fuel are typically more expensive than those that use petrol or natural gas. Diesel generators also tend to be more durable and powerful, so they are better suited for commercial purposes. Petrol generators are cheaper but the fuel is more combustible so they are riskier, especially in poorly ventilated areas.
Brand
The brand of a generator plays a significant role in pricing. Established international brands like Honda, Yamaha, and Elepaq are considered premium and so charge higher prices. Lesser-known brands, especially those manufactured locally, are typically cheaper in price. However, they may not last as long or offer strong after-sales support.
Wattage
A generator’s wattage or power output directly impacts how much it costs. More powerful generators, especially those above 10kVA, are more expensive because they require sturdier components and more advanced technology to produce higher wattages. For home or small business use, a 3kVA to 7kVA generator should suit most needs at an affordable price.
Additional Features
Extra features like electric start, wheels for portability, multiple power outlets, and silent operation can increase the price of a generator. More basic models with a pull start, fixed frame, and standard features will typically be cheaper. Consider which features are essential for your needs so you don’t end up paying more for extras you won’t use.
Noise Level
Quieter generators, typically under 65 decibels, cost more since they require more advanced muffler and soundproofing technology. Noisier generators can be annoying, but tend to be more affordable. Choose a generator with an acceptable noise level for where you plan to use it.
Additional Features
Extra features like electric start, wheel kits for portability, fuel gauges, multiple AC outlets, DC charging ports, and remote start capabilities can increase the price of a generator. Only pay for additional features that you think you will actually use.
Warranty
A longer, more comprehensive warranty will add to the overall cost of a generator. Basic warranties typically cover 1-2 years, while premium warranties can cover 3-5 years or more. A good warranty provides peace of mind, but may not be essential if you plan to use the generator infrequently.
Government Policies
Government policies like import duties, taxes, and tariffs levied on generators and their components can lead companies to increase retail prices to maintain profit margins. Changes to these policies may cause generator prices to fluctuate, especially if new policies make it more expensive to import and sell the units in Nigeria. Local production of generators may help cushion against these impacts.
Generator Prices in Nigeria 2024
The generator market in Nigeria is quite competitive, with many brands available at different price points. In 2024, you can expect to pay between ₦50,000 to ₦5,000,000 for a generator, depending on the power output and features.
Prices of Firman Generators in Nigeria
Firman generators are highly affordable and reliable power solutions for homes and businesses in Nigeria. The Chinese brand is a popular choice and offers generators at a range of power outputs and price points.
- 7KVA Firman ECO 10990ES – NGN 200,000 – NGN 350,000
- 6KVA Firman FPG 8800E2 – NGN 190,000 – NGN 300,000
- 6.1KW Firman ECO 8990ES – NGN 180,000 – NGN 270,000
- 5KVA Firman ECO 7990ES – NGN 200,000 – NGN 240,000
- 4.3KVA Firman ECO 5990ES – NGN 155,000 – NGN 190,000
- 2.7KVA Firman ECO 3990ES – NGN 125,000 – NGN 150,000
- 2.5KVA Firman SPG 2900E2 – NGN 70,000 – NGN 85,000
- 2.2KVA Firman RD2910 – NGN 60,000 – NGN 120,000
- 2.2KVA Firman ECO 2990S – NGN 75,000 – NGN 90,000
- 1.5KVA Firman SPG 2200 – NGN 35,000 – NGN 95,000
- 1.2KVA Firman ECO 1990 – NGN 45,000 – NGN 100,000
- 720VA Firman SPG 1200 – NGN 30,000 – NGN 45,000
The great thing about Firman generators is that in addition to their affordable upfront costs, they are also very fuel efficient and low-maintenance. Parts and repairs are easy to come by, and the generators are designed to operate for many years. For reliable backup power on a budget, Firman generators are an excellent choice for homes and businesses in Nigeria.
Prices of Honda Generators in Nigeria
Honda generators are a popular and trusted brand in Nigeria, known for their reliability and fuel efficiency. However, with high import duties and fluctuating exchange rates, Honda generator prices in Nigeria can vary quite a bit. Here’s what you can expect to pay for some of Honda’s most popular portable generator models in 2024:
- 5.5KVA Honda EG6500 – NGN 510,000 – NGN 600,000
- 5.5KVA Honda FA6500X – NGN 380,000 – NGN 550,000
- 2.5KVA Honda generator (FA3000P) – NGN 135,000 – NGN 190,000
- 2.0KVA Honda generators (EP2500CX) – NGN 200,000 – NGN 250,000
- EM10000 Honda 8KVA – Around NGN 1,250,000
You can expect prices to continue increasing over the next few years due to inflation, so buying sooner rather than later may save you money in the long run.
Prices of Lutian Generators in Nigeria
Lutian generators are a popular, affordable brand in Nigeria known for reliable power solutions for homes and businesses. Lutian generator prices in Nigeria range varies depending on the power output and specifications.
- 8.8KVA Lutian LT10990 – NGN 250,000 – NGN 300,000
- 7.5KVA Lutian LT8000 – NGN 215,000 – NGN 320,000
- 6.3kVA Lutian LT7990E – NGN 190,000 – NGN 245,000
- 5.5KVA Lutian 5GF-LDEX (Super Silent Diesel Generator) – NGN 350,000 – NGN 450,000
- 5.5KVA Lutian 5GF-LDE (Super Silent Diesel Generator) – NGN 345,000 – NGN 450,000
- 3.2KVA Lutian LT3600E – NGN 75,000 – NGN 95,000
- 3.2KVA Lutian LT3990E – NGN 75,000 – NGN 105,000
- 2.5KVA Lutian LT2500 – NGN 70,000 – NGN 120,000
- 2.7KVA Lutian 36100 – NGN 70,000 – NGN 120,000
- 1KVA Lutian LT1800 – NGN 35,000 – NGN 75,000
Generator prices in Nigeria can vary over time and between retailers. Shopping around at different stores in your area may uncover the best deal. You’ll also want to consider additional costs like transportation, installation and maintenance. While Lutian generators are very affordable to purchase initially, their total cost of ownership over the lifetime of the machine may be higher than other brands. However, for basic backup power on a budget, Lutian generators get the job done.
Prices of Thermocool Generators in Nigeria
When looking to buy a generator in Nigeria, Thermocool is a brand worth considering. Thermocool generators are dependable, fuel efficient and budget-friendly. Let’s take a look at the current price range for some of Thermocool’s most popular models.
- 7.5KVA Thermocool Optima 9200 Remote – NGN 275,000 – NGN 400,000
- 6.75KVA Thermocool Generator (Odogwu) – NGN 330,000 – NGN 375,000
- 6.25KVA Thermocool Optima 7500 Remote – NGN 248,000 – NGN 295,000
- 6.0KVA Thermocool Generator (Igwe) – NGN 240,000 – NGN 270,000
- 5.0KVA Thermocool Generator (Oga) – NGN 220,000 – NGN 270,000
- 4.0KVA Thermocool Generators (Big Boy) – NGN 220,000 – NGN 250,000
- 3.0KVA Thermocool Generator (Hustler) – NGN 105,000 – NGN 175,000
- 3.5KVA Thermocool Generator (Hustler Max) – NGN 125,000 – NGN 170,000
- 4.1KVA Thermocool Generator (Hustler 3800ES) – NGN 150,000 – NGN 210,000
- 2.5KVA Thermocool Generator (Bobo Max) – NGN 110,000 – NGN 150,000
- 2.0KVA Thermocool Generator (Bobo Manual) – NGN 90,000 – NGN 120,000
- 1.25KVA Thermocool Generator (Junior) – NGN 65,000 – NGN 85,000
- 1KVA Thermocool Generator (Smallie) – NGN 55,000 – NGN 75,000
While the initial cost of a generator may seem high, a Thermocool generator is built to last 15-20 years or more with proper maintenance and care. Over time, a generator can save you money compared to paying for utility power or the loss of productivity from power outages. Thermocool generators are also backed by a 12-month warranty and available for purchase throughout Nigeria from reputable dealers.
When determining a budget for a new generator, also consider the cost of fuel, oil, filters, transfer switches or other accessories you may need. But you can feel confident that with a Thermocool generator, you’re getting a high-quality, dependable power solution for your home or business.
Prices of Elepaq Generators in Nigeria
Elepaq generators are a popular, affordable brand in Nigeria, offering a range of models at different price points. Whether you need a small generator for basic home use or a heavy-duty model for commercial purposes, Elepaq likely has an option that will suit your needs without breaking the bank.
- 10KVA Elepaq SV15000E2 – NGN 195,000 – NGN 220,000
- 10KVA Elepaq SV20000E – NGN 165,000 – NGN 210,000
- 9KVA Elepaq SV22000E2 – NGN 185,000 – NGN 230,000
- 7.5KVA Elepaq EC15000CXS – NGN 195,000 – NGN 220,000
- 4.2KVA Elepaq SV6500 – NGN 55,000 – NGN 70,000
- 5.5KVA Elepaq EC6500 – NGN 170,000 – NGN 195,000
- 4.2KVA Elepaq SV6800E2 – NGN 65,000 – NGN 80,000
- 4.2KVA Elepaq SV7500E2 – NGN 67,000 – NGN 80,000
- 3KVA Elepaq SV5500 – NGN 75,000 – NGN 90,000
- 3KVA Elepaq EC5200 – NGN 45,000 – NGN 80,000
- 2.8KVA Elepaq ECO 4990ES – NGN 70,000 – NGN 85,000
- 2.2KVA Elepaq SV2900 – NGN 55,000 – NGN 75,000
- 2.2KVA Elepaq EC3000CX – NGN 80,000 – NGN 90,000
- 1.4GHz Elepaq ECO 1990S – NGN 65,000 – NGN 75,000
- 1.3KVA Elepaq SV2200 – NGN 40,000 – NGN 65,000
- 1.3KVA Elepaq SV3200 – NGN 30,000 – NGN 45,000
- 1.2KVA Elepaq ECO 2200S – NGN 35,000 – NGN 45,000
Elepaq is a trusted, reputable brand, and their generators are well-known for being durable, dependable, and providing good value for the money. Spare parts are also readily available across Nigeria should you need them. While more expensive foreign brands like Honda or Yamaha may have fancier features or specifications, for basic generator needs, Elepaq models are hard to beat for affordability.
Depending on the specific model and dealer, you may be able to negotiate the price down, especially if purchasing multiple units.
Prices of Elemax Generators in Nigeria
Elemax is a respected brand for portable generators in Nigeria. Their models range from small 1.2kVA generators for basic needs to large industrial models over 500kVA. As with most things, generator prices in Nigeria tend to be a bit higher than elsewhere, but Elemax is still quite affordable.
- 20KVA Elemax Diesel SHT25D – NGN 3,300,000 – NGN 3,350,000
- 14KVA Elemax Diesel SHT15D – NGN 2,950,000 – NGN 3,000,000
- 8.5KVA Elemax SH11000 – NGN 1,350,000 – NGN 1,900,000
- 5.6KVA Elemax SH7600EX – NGN 550,000 – NGN 650,000
- 3.8KVA Elemax SH5300EX – NGN 400,000 – NGN 550,000
- 3.2KVA Elemax SH4600EX – NGN 180,000 – NGN 185,000
- 2.8KVA Elemax SH3900EX – NGN 285,000 – NGN 310,000
- 2.2KVA Elemax SH3200EX – NGN 235,000 – NGN 285,000
- 2KVA Elemax SV2800S – NGN 190,000 – NGN 250,000.
In summary, you can find an Elemax generator for most any need and budget in Nigeria.
Conclusion
The specific generator you choose ultimately comes down to your power needs, budget and preferred brand. Do some research on the latest models available from reputable brands, compare specs and prices, and you’ll find an affordable and reliable generator option for your home or business.