Plan the investment around your cash flow.
Pay 40% upfront and spread the balance over 3, 6, 9 or 12 months — so your system can start saving fuel before it is fully paid for.
Solar is a capital investment — financing changes the timing.
Instead of paying for fuel every week, you invest in an asset that produces energy for years. FlexiPower matches repayments to the savings that asset delivers.
Outright purchase
Full payment in milestones agreed in your quotation — on order and on commissioning.
Terms: Milestones set out in the formal quotation
MBB FlexiPower
In-house instalment plan: 40% deposit, balance over 3, 6, 9, 12 months.
Terms: Example rate 18% p.a. reducing balance (illustrative)
Bank & partner finance
Loans through banks or specialist solar finance providers, subject to their credit approval.
Terms: No financing partners currently assigned
Interest rates shown on this site are illustrative examples for planning. They are not an offer of credit; your FlexiPower terms are confirmed in writing before installation.
Deposit and instalment structure.
- Deposit40% of the system price
- Repayment periods3, 6, 9, 12 months
- Repayment frequencyMonthly
- InterestIllustrative 18% p.a., reducing balance — confirmed in writing
- InstallationScheduled once the deposit is received
- OwnershipTransfers to the customer on final payment
| Package | Price | 40% deposit | 12 × monthly |
|---|---|---|---|
| MBB Essential | ₦3,250,000 | ₦1,300,000 | ₦178,776 |
| MBB Home Plus | ₦4,570,000 | ₦1,828,000 | ₦251,387 |
| MBB Home Max | ₦8,050,000 | ₦3,220,000 | ₦442,814 |
| MBB Business | ₦12,420,000 | ₦4,968,000 | ₦683,199 |
At an illustrative 18% p.a. reducing-balance rate.
Model your FlexiPower plan.
Adjust the price, deposit, duration, rate and repayment method. Figures are illustrative and not an offer of finance.
Model an illustrative payment plan
Examples only. Actual terms depend on the finance provider’s approval.
Assumptions and method
- Reducing balance: payment = P × r ÷ (1 − (1 + r)−n), where r = annual rate ÷ 12.
- Flat rate: interest = P × annual rate × (n ÷ 12); payment = (P + interest) ÷ n.
- Excludes arrangement fees, insurance and any provider-specific charges.
What we ask for.
- Valid government-issued ID
- Proof of address (utility bill or tenancy agreement)
- Proof of income or 6 months’ bank statements
- For businesses: CAC registration documents and business statements
- A formal MBB quotation following site assessment
- 01
Site assessment & quotation
We confirm the system design and price.
- 02
Choose a payment option
Outright purchase or MBB FlexiPower over 3–12 months.
- 03
Submit documents
Provide the eligibility documents listed here.
- 04
Approval
We confirm your FlexiPower terms in writing.
- 05
Deposit & installation
Installation is scheduled once the 40% deposit is received.
Questions about paying for solar.
How much does a solar system cost in Nigeria?
Cost depends mainly on inverter capacity, solar array size, battery storage and installation complexity, and is affected by exchange rates and equipment availability. Our calculators show an indicative range based on our current unit rates and published assumptions. A formal quotation is provided after a site assessment.
Why are some solar quotes much cheaper than others?
Low quotes often reflect undersized batteries, unbranded or refurbished components, missing protection devices (fuses, surge protection, isolators, earthing), or minimal installation workmanship. Compare quotes on usable battery capacity, equipment specifications, protection scope, warranty terms and after-sales support — not just headline price.
Can I pay for a solar system in instalments?
Yes. MBB FlexiPower lets you pay a 40% deposit and spread the balance over 3, 6, 9 or 12 monthly payments. Our financing calculator shows illustrative repayments at an example 18% annual reducing-balance rate; your actual terms are confirmed in writing before installation. Bank and partner financing is not currently available.
What do I need to apply for financing?
For MBB FlexiPower we ask for valid identification, proof of address, proof of income or six months’ bank statements (CAC documents and business statements for companies), and a formal MBB quotation following a site assessment.
Start a FlexiPower application.
Tell us about your project. We will confirm your quotation, payment schedule and the documents needed to proceed.
