As a business manager or owner in Nigeria one of the cost you have to monitor regularly is cost of generating your own power supply. The cost is better appreciated when measured in Kilowat hour and then compared to that of the discos. I read this article in Financial Times and culled off a portion of it which helps put it into perspective. Here it is;
The fuel is far more expensive than mains electricity and is the largest single overhead in running towers, accounting for up to 75 per cent of costs where a generator runs for 16 hours a day. In Nigeria, for example, power sourced from generators costs around $0.35 for a kilowatt-hour – four to five times the price of mains electricity.
Based on this $0.35 is an equivalent of N57.75 per KWH. On the average businesses pay about N20 per kilowatt hour. For residential customers it is about N12.50 which will be about 5x cheaper.
Read the article here;