Based on 320W, 610,000 KRW support per household, approximately 5,800 KRW monthly electricity bill savings effect

The completed installation of mini solar panels in Geochang-gun.

The completed installation of mini solar panels in Geochang-gun.

View original image

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Gyeongsangnam-do announced on the 12th that it plans to distribute 'mini solar panels' to 2,000 households this year.


The province has been distributing mini solar panels since 2015, and currently, they are installed in 5,001 households across 15 cities and counties, including Changwon.


Mini solar power generation facilities are simply composed of solar modules, balcony mounting devices, and small inverters, making them easy to install. They have the advantage of being conveniently used by plugging into an outlet like home appliances.


The installation cost of mini solar panels for apartment balconies is about 750,000 KRW for a 320W capacity.


Applicants receive a subsidy of 610,000 KRW from provincial and city/county funds, allowing installation with a burden of less than 20% of the installation cost.


A 320W capacity mini solar panel produces 35 kWh of electricity per month, resulting in an electricity bill reduction of about 5,800 KRW monthly.


Especially, households with electricity usage surging in July and August or those with monthly electricity consumption over 450 kWh can save more than 10,000 KRW per month on their electricity bills.


Additionally, the province provides an extra 80,000 KRW support per household for low-income families. When 10 or more households in the same complex apply jointly, an additional 5-10% of the installation cost is supported.


A, who installed mini solar panels in Bugok-dong, Gimhae-si, said, "Before installation, I was worried that electricity generated during the day when no one was home would be wasted, but even with just continuous power use from appliances like the refrigerator, no surplus electricity was generated."


B from Daesan-myeon, Uichang-gu, Changwon-si, showed the KEPCO electricity bill and said, "It was amazing to see the electricity bill decrease after installation. I feel proud thinking that our family is helping with environmental protection and fine dust reduction."



A provincial official said, "With the expansion plan for mini solar panel distribution, the self-payment burden has been greatly reduced, and additional incentives are provided for joint applications by households in the same complex, making installation easier. We urge residents to actively participate to expand renewable energy distribution and reduce electricity bills."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing