Suncheon-si Promotes Renewable Energy Supply Housing Support Project

Applications Accepted Starting the 19th on a First-Come, First-Served Basis, Supporting About 280 Detached Houses

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Suncheon City, Jeollanam-do (Mayor Heo Seok) announced that it will promote this year's Renewable Energy Supply Housing Support Project, led by the Ministry of Trade, Industry and Energy, to realize energy welfare through greenhouse gas reduction and electricity consumption reduction.

This project supports partial installation costs for owners or prospective owners of detached houses who intend to install renewable energy facilities such as self-generation solar power, solar thermal, and geothermal energy for about 280 households.

The city has invested 1.46 billion KRW so far to support renewable energy supply for 750 households.

For a 3kW solar power system, each household receives 2.3 million KRW in national subsidies and 920,000 KRW in local subsidies, so applicants only need to bear 1.38 million KRW.

When installing a 3kW solar power generation facility in a general household, it can produce about 320kW of electricity per month, and depending on the household's electricity usage, it can reduce electricity bills by about 50,000 KRW per month, allowing the recovery of the self-funded investment within 2 to 3 years of operation after installation.

Any homeowner or prospective homeowner with an address in Suncheon City can apply, and applications will be accepted on a first-come, first-served basis starting at 10 a.m. on the 19th through the Korea Energy Agency Green Home website.

Applicants must consult in advance with a specialized company regarding the energy source, installation scale, and location.

A Suncheon City official stated, “In line with the government's Renewable Energy 3020 policy, we will continuously expand and discover renewable energy supply projects to realize carbon neutrality, and do our best to improve citizens' quality of life through the realization of energy welfare.”

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