I spoke with a friend who was experiencing trouble due to the hike in electricity prices in her area. She's now on Band A and pays four times her usual electricity bill, She was contemplating buying a generator but when we calculated how much she’d spend on fuel every day with the current hike in price, we had to retreat to explore other options that would not put a strain on her growing business.

If they opt for a 3.5KvA and make a ₦300,000 upfront deposit with a ₦50,000 monthly repayment for instance, in 18 months, my friend would have spent a total of ₦1,200,000 on solar, and ₦1,998,529.29 on a generator if they spend ₦10,000 on monthly generator maintenance and ₦20,000 on monthly band A electricity bill from the grid. That meant that my friend would have saved a total of ₦798,529.29 if they chose solar over generator.

Using the energy calculator was an eye-opener my friend needed to make that smart decision. They were able to compare costs and see exactly what they would be spending, which helped them spot areas where they could save.

The calculator gives you that insight, making it easier to budget and explore your alternatives. Because some people buy fuel in bits, we don’t realize just how much fuel we’re burning, but using a tool that helps you calculate your energy expenses can be useful in making better energy decisions. Most importantly, It’s simple, free, and gives you the information you need, all you need to do is input your figures.

Check out the energy calculator today and let me know your thoughts in the comments.