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This analysis delves into the costs associated with solar energy versus conventional electricity in Colombia. By examining the cost in Colombian pesos (COP), with an exchange rate of 1800 COP to 1 USD, we provide insights into the financial implications of transitioning to solar energy. The study also considers the time required to recover the investment made in solar systems through reduced energy costs. This information aims to guide homeowners and businesses in making informed decisions regarding energy sources.
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Solar Energy Vs. Electricity Costs Cost (in COP, 1800cop=1USD) Time (in Hours)