LH Energy Welfare Project... Saving 116,000 Won on Electricity Bills in Incheon Public Housing

[Asia Economy Reporter Minyoung Kim] Korea Land and Housing Corporation (LH) announced on the 14th that thanks to various energy projects, an annual electricity bill reduction of up to 116,000 KRW per household is expected in 46 complexes in the Incheon area.

LH has contributed to increasing the energy self-sufficiency rate of public housing by installing solar power generation facilities in public housing, producing 52,166 MWh of electricity annually. Through participation in the National DR project, it achieved an effect of reducing electricity bills by 13,000 KRW per participating household annually. National DR is a system where residents reduce electricity usage during times requested by the Korea Power Exchange, such as during fine dust alerts, and receive monetary compensation.

Furthermore, in March, LH established the ‘LH Energy Integrated Platform,’ which collects data related to energy facilities and consumption to predict energy demand and production.

Through this, facility information for each complex, such as emergency generators, electronic meters, and household lighting, which were previously managed manually, has been computerized, enabling continuous remote management of energy resources. An integrated database of electricity consumption and production by complex has been built, allowing residents to be guided toward reasonable energy consumption.

According to LH, as a result of promoting energy welfare projects targeting 46 complexes and 67,000 households in the Incheon area, benefits of 76,000 KRW to 116,000 KRW per household annually were analyzed. In particular, Incheon Nonhyeon 5 Complex, Incheon Dongyang 4 Complex, and Bucheon Sosa 2 Complex obtained the ‘Energy Pause AAA Grade’ certified by the Korea Power Exchange.

The energy welfare projects conducted by LH Incheon Regional Headquarters this year include five types: △ IoT smart LED lighting fixture replacement △ rooftop solar power installation △ electric vehicle charger installation △ power facility replacement △ intelligent meter replacement.

Additionally, solar power generation facilities were installed on apartment rooftops, and electric vehicle chargers were installed at about 2% of the total parking spaces in the complexes, reducing residents’ electricity and charging fees and further enhancing resident convenience.

Park Bong-gyu, head of LH Incheon Regional Headquarters, said, "In the three complexes that obtained the Energy Pause AAA Grade this time, an average annual electricity bill reduction of 100,000 KRW per household is expected," adding, "We will make further efforts for energy welfare that residents can feel."

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