The figure illustrates the Levelized Cost of solar PV Energy (LCoE – PV) for Chilean regions at “Northern Mining Regions”. The components of the LCoE (Capex, Opex, Financial Costs and Income Taxes). The most important result is the huge difference between the levelized cost of solar PV energy, (92 USD/MWh) and levelized energy costs of fossil fuels that dominate the region by 99% (216 USD/MWh). Potential cost savings will achieve 187.5 TWh/25 years, in economic terms we are talking about 27,113 million of USD/25 years of savings.