Solar Electricity System Prices in Colombia

4 FAQs about Solar Electricity System Prices in Colombia

How much does electricity cost in Colombia?

Colombia, March 2023: The price of electricity is 0.188 U.S. Dollar per kWh for households and 0.180 U.S. Dollar for businesses which includes all components of the electricity bill such as the cost of power, distribution and taxes.

What is the electricity sector in Colombia?

The Colombian electricity sector is comprised of both the National Interconnected System (SIN) and several isolated local systems in the Non-Interconnected Zones (ZNI), where electrical services are provided by small-scale independent systems.

What is the solar PV installed capacity in Colombia?

The solar PV installed capacity in the country has increased significantly in recent years. According to the International Renewable Energy Agency 2024, the installed solar PV capacity grew by more than twofold. The installed solar PV capacity in Colombia reached 676 MW in 2023.

How much electricity does Colombia produce?

Colombia's installed electric power generation capacity currently stands at 17,771 MW, with hydro accounting for 68 percent, gas and coal-fired power plants accounting for 31 percent, and the remaining one percent from wind and solar units. The country's energy matrix is clean but highly dependent on climatic conditions to generate hydro power.