Yeongdeungpo-gu Supports Installation Costs for Veranda-type Solar Power Systems

1200 Veranda-Type Units, 10 Housing-Type Units... Total 1210 Units Available on a First-Come, First-Served Basis... Approximately 49,000 KRW Monthly Electricity Bill with 325W Veranda-Type Installation, Saving Up to 10,000 KRW per Month... Housing-Type Units Require About 2.3 Million KRW Self-Payment, Saving Approximately 63,000 KRW Monthly on Electricity Bills

[Asia Economy Reporter Park Jong-il] Yeongdeungpo-gu (District Mayor Chae Hyun-il) is supporting the installation costs of solar mini power plants in each household to increase local energy self-sufficiency and enhance residents' welfare.

Residents can choose the product type that suits their household conditions between veranda-type solar panels installed on veranda railings or rooftops, and house-type solar panels installed on residential roofs or rooftops.

The veranda-type solar panel has a capacity of 325W and produces an average of 31kW of electricity per month, resulting in an electricity bill reduction effect of 7,000 to 10,000 KRW per month.

The house-type solar panel with a capacity of 3kW produces an average of 288kW of electricity per month, saving about 63,000 KRW on electricity bills monthly.

Installation costs are supported by subsidies from both Seoul City and the district. For veranda-type solar panels, Seoul City subsidies are 1,200 KRW per watt for installations up to 500W, and 700 KRW per watt for installations exceeding 500W but less than 1kW. The district subsidy is 50,000 KRW per household.

For example, installing a 325W veranda-type solar mini power plant from a company costs 489,000 KRW. Of this, combined city and district subsidies amount to 440,000 KRW, so the resident’s out-of-pocket expense is 49,000 KRW.

For house-type solar panels, Seoul City provides a subsidy of 700,000 KRW per kW, and the district provides 600,000 KRW per household. For instance, installing a 3kW house-type solar panel costs approximately 5 million KRW, with 2.7 million KRW covered by subsidies, leaving residents to pay about 2.3 million KRW.

Eligibility for application includes homeowners and tenants for veranda-type solar panels, and for house-type solar panels: homeowners, resident representatives, senior centers (private), private childcare facilities (such as daycare centers), and apartment complex management offices.

The district will accept applications on a first-come, first-served basis for 1,200 veranda-type households and 10 house-type households. Residents wishing to install can call the Solar Call Center (☎1566-0494) or apply through the Seoul Energy Corporation’s online platform ‘Seoul Haetbit Maru’.

Information on supply companies and products can be found on the Seoul City and district websites or on ‘Seoul Haetbit Maru’.

Chae Hyun-il, Mayor of Yeongdeungpo-gu, stated, “We are distributing solar power, which is eco-friendly energy with electricity bill reduction benefits, at affordable prices,” and added, “We hope many residents apply to contribute to local energy self-sufficiency.”

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