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The main objective, here, is to explore the economic viability of the solar powered desalination method through a cost and benefit comparative and contrast study. Using the initial construction expenditure, the annual maintenance cost and energy consumed or produced, a variance ratio test of the random walk hypothesis will be implemented to determine their relative financial efficiency. This paper will also utilize the first order autoregressive multivariate estimation model to analyze thedoi:10.4236/tel.2015.51015 fatcat:tkkn4sj34ffcvfawje7sqkktpi