Financial:
• Initial investment: Although it should not be
considered as expenditure but as a capital investment,
you will be making a material financial commitment in
order to put in place your solar installation.
• Maintenance: Your solar project requires minimal
maintenance, which is primarily in the form of cleaning
the solar panels to avoid shades.
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Financial:
• Significant savings in your electricity bill
over a long horizon of at least 25 years, under the
assumption that most of the photovoltaic production is
used immediately or sold to the electricity grid (net
metering). The detailed conditions of such sale to the
electricity system will be presented by the Colombian
Electricity Regulator over the next couple of months.
• Fiscal benefit of deducting 50% of the
photovoltaic (solar) investment from your taxable income,
thanks to article 11 of recently enacted Law 1715 of May
2014. To make use of this option, a certificate must be
requested from the Ministry of Environmental Issues in
Colombia.
• Fiscal benefit of applying the method of
accelerated depreciation with respect to your
photovoltaic (solar) investment, thanks to article 14 of
the same law.
• The value of your home will increase. |
Environmental:
• None. But please
remember to recycle your solar panels if at some point
you decide not to use them anymore. |
Environmental:
• Reduction of your carbon footprint, as you will be
using electricity produced through renewable sources
rather than traditional industrial sources which are
heavily contributing to global warming. Your solar
project is equivalent to tens of trees being planted.
• Improved urban landscape, as your solar installation
will not require the extensive cabling layout that
otherwise is needed for traditional electricity
distribution which in turn distorts our urban and rural
landscape.
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