Tax and financial opportunities for individuals through the implementation of solar energy systems in Colombia

Abstract

The increasing need to address climate change has led Colombia to promote the use of renewable energies, including solar energy, as sustainable alternatives to reduce greenhouse gas emissions. This article aims to explore the tax and financial benefits that companies can obtain by implementing solar energy systems in Boyacá. For this purpose, a qualitative methodology was used that included documentary review and case studies of local companies that have adopted this technology. The results indicate that, despite initial challenges related to investment and implementation, tax incentive policies have had a positive impact on the profitability and operational sustainability of these companies. It is concluded that the tax benefits not only offset the initial investment cost but also promote a more stable economic environment and significant progress towards energy independence.