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In a large cast-iron or other heavy skillet, heat oil over medium-high heat. Add onion and peppers; cook and stir until tender, 3-5 minutes. Sprinkle with bacon. Pour eggs over the top; sprinkle with 1/2 cup cheese, salt and pepper. Cook over medium heat, stirring occasionally, until eggs are completely set. Sprinkle with remaining 1/2 cup cheese. Serve with salsa.