Daejeon City Supports 85% of Installation Costs for Mini Solar Panels in Apartment Complexes

[Asia Economy (Daejeon) Reporter Jeong Il-woong] Daejeon City will support up to 85% of the installation costs for mini solar panels in local apartment complexes.

On the 9th, the city announced that it will promote the "2020 Mini Solar Panel Distribution Project for Apartment Complexes" with this content.

The distribution project will be carried out by supporting 770 million KRW for a total of 1,300 households to assist with mini solar panel installations.

The mini solar panel capacity is at least 325W per household, and out of the total installation cost of 720,000 KRW, 612,000 KRW will be supported, leaving an actual self-payment of only 108,000 KRW (15%).

In particular, starting this year, the city will also support the installation of mini solar panels in security offices, which are energy-vulnerable areas within apartment complexes, to reduce the electricity bills of the security offices.

Applications are accepted until the end of November, and further details can be found in the announcements from the respective district offices.

Along with the mini solar panel distribution project, the city will additionally proceed with the government (Korea Energy Agency) direct project called the "Renewable Energy Housing Support Project."

This project is conducted by providing additional city funding on top of the government’s support of 2,514,000 KRW (50%) out of the total cost of 5,028,000 KRW required to install a 3kW capacity renewable energy facility in single-family homes. The city has secured a total budget of 200 million KRW and supports up to 1 million KRW depending on the facility capacity.

The city’s support is on a first-come, first-served basis, and the application period is until the end of November. However, the project may end early if the budget is exhausted.

Jung Dae-hwan, Director of the City’s Infrastructure Industry Division, said, “We will strive to reduce carbon dioxide and promote the spread of renewable energy by expanding the mini solar panel distribution project and housing support project targeting local apartment complexes and single-family homes.”

This content was produced with the assistance of AI translation services.