Jangseong-gun Expands Subsidy Rate to 70% for Renewable Energy Distribution Projects
Applications Open from the 13th... First-Come, First-Served Support of Over 210 Million Won for About 60 Households
[Asia Economy Honam Reporting Headquarters, Reporter Oh Gilsu] Jangseong-gun, Jeollanam-do announced on the 9th that it will support more than 60 households with a total of about 210 million won, including national funds, to expand the supply of renewable energy.
In response to the economic downturn caused by COVID-19 this year, the county is significantly increasing the subsidy rate for installation costs of renewable energy power generation facilities from 55% to 70% for residents who wish to install solar power, solar thermal, geothermal, and fuel cells.
With the increased subsidy rate, when installing a 3 kW solar power system for a household, out of the total installation cost of 5.03 million won, the resident only needs to pay 1.51 million won, and the remaining 3.52 million won can be covered by subsidies including county funds.
The renewable energy housing support project is a program where the government supports part of the total installation cost with national funds when installing renewable energy such as solar power in detached houses to expand renewable energy supply and improve housing power self-sufficiency rates, and Jeollanam-do and Jangseong-gun provide additional support.
Applications for the project can be made through the Korea Energy Agency Green Home website from the 13th until September 4th.
Applicants must apply for subsidy support from the county after approval by the agency, and county funds will be provided on a first-come, first-served basis until the budget is exhausted.
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Yoo Doo-seok, the mayor of Jangseong-gun, said, “Expanding renewable energy is the most proactive measure we can take to respond to climate change and for future generations,” adding, “We will create a sustainable eco-friendly city, Yellow City Jangseong, through various project promotions.”
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