Electricity Cost in Nigeria (NG)
Average electricity rate in Nigeria: ₦68/kWh ($0.04 USD). Average annual bill: ₦400. Renewable share: 20%.
💰 Nigeria Electricity Cost Calculator
Cost by Usage Level in Nigeria
| Monthly kWh | Monthly (₦) | Monthly (USD) | Annual (₦) |
|---|---|---|---|
| 100 kWh | ₦6800.00 | $4.00 | ₦81,600 |
| 200 kWh | ₦13600.00 | $8.00 | ₦163,200 |
| 300 kWh | ₦20400.00 | $12.00 | ₦244,800 |
| 500 kWh | ₦34000.00 | $20.00 | ₦408,000 |
| 750 kWh | ₦51000.00 | $30.00 | ₦612,000 |
| 1000 kWh | ₦68000.00 | $40.00 | ₦816,000 |
Nigeria Electricity Market
Unreliable grid supply. Most homes supplement with generators. Band-based tariff system. Provider: DisCos. Renewable energy share: 20%.
Disclaimer: Rates are approximate averages. Actual rates vary by provider, region, usage level, and time of use. Last updated 2026.
Frequently Asked Questions
Understanding electricity prices in Nigeria
Nigeria's electricity is distributed by privatized DisCos under a service-based tariff that sorts customers into bands from A to E by how many hours of supply they receive, with Band A paying the most for the most reliable service. Grid supply is limited and unreliable, so many homes and businesses run petrol or diesel generators.
Subsidy cuts in 2024 sharply raised Band A rates. The high cost and pollution of generator power mean grid electricity, where available, is usually far cheaper per unit than self-generation.
How to lower your electricity bill in Nigeria
Confirm which band your feeder is on, since it determines both reliability and price. Solar-plus-inverter systems are increasingly economical compared with running a generator on expensive fuel, especially for evening and backup loads.
At roughly $0.04 USD per kWh, electricity in Nigeria sits below the global average of about $0.17 USD/kWh, with renewables supplying 20% of generation. A typical household bill runs around ₦400 per year.