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The price of electricity in Saudi Arabia is SR 0.29/kWh. To reduce its power bill, a university installs a solar PV system with a

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The price of electricity in Saudi Arabia is SR 0.29/kWh. To reduce its power bill, a university installs a solar PV system with a rated power of 5219 W. The solar PV system operates 8.7 hours per day, 23 days per month at the rated power. Determine the money saved by the university per year in SR. [write your answer with 1 digit after the decimal point and do not write the units].

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