Yeonggwang-gun Expands Support for 'Renewable Energy Housing Installation Subsidies'

[Asia Economy Honam Reporting Headquarters Reporter Jeon Seong] Yeonggwang-gun, Jeollanam-do (Governor Kim Jun-seong) announced on the 17th that it will expand subsidies for the installation of renewable energy power generation facilities in houses to promote the safe and clean spread of renewable energy.

The Renewable Energy Supply Housing Support Project is a program that subsidizes part of the installation cost when residents install renewable energy sources (solar power, solar heat, geothermal, fuel cells, small wind power) in their homes.

Last year, 55% of the installation cost was supported, but this year the subsidy rate has been raised to 70% to reduce the economic burden on households installing the facilities.

In fact, when installing a 3 kW solar power generation facility in a house, the installation cost is 5.03 million KRW, and 3.52 million KRW is supported by national and local subsidies, so the homeowner only needs to bear 1.51 million KRW to install it.

For households with an average monthly electricity usage of 350 kWh, about 600,000 KRW in electricity bills can be saved annually.

Applications can be submitted through the Korea Energy Agency Green Home website, and the application period is until September 4.

Applicants must apply for subsidy support from the county after approval of the project by the Korea Energy Agency, and support will be provided on a first-come, first-served basis to 37 households within the budget.

Meanwhile, since 2014 until last year, the county has supported 169 households with 762 million KRW through the renewable energy housing support project.

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