Effect of Reducing Electricity Bills and Greenhouse Gases

The Seoul Metropolitan Government announced on the 2nd that it will accept applications for the installation support of 'Elevator Self-Generation Devices,' which are effective in reducing common electricity charges and greenhouse gases within buildings, until the 28th of next month. Complexes wishing to install the devices can apply through the district office's Housing Division or Architecture Division.


Since 2018 until last year, Seoul has supported the installation of a total of 3,630 'Elevator Self-Generation Devices' in apartment complexes across the city, and plans to support 320 units this year.


Seoul City Begins Accepting Applications for 'Elevator Self-Power Generation Device' View original image

Installing the 'Elevator Self-Generation Device' prevents electricity generated by the motor during the elevator's ascent and descent from being dissipated as heat and converts it into usable electricity, saving approximately 15-40% of energy and improving the building's energy efficiency.


This year, Seoul is collaborating with Korea Electric Power Corporation (KEPCO) to invest 400 million KRW, supporting up to 1.25 million KRW per device installation. Eligible buildings include apartments, mixed-use residential-commercial buildings, officetels of 10 floors or higher where installation of the self-generation device is feasible.


While the city had only supported installation costs for apartment complexes of 10 floors or more until last year, from this year it has expanded support to include mixed-use residential-commercial buildings and officetels, expecting an increase in applications from complexes wishing to install the devices, and thus urges early application.


Applicants wishing to install the device should submit an application form written in the name of the resident representative to the district office's Housing Division or Architecture Division.



Han Byung-yong, Director of the Seoul Housing Policy Office, stated, "Through the 'Elevator Self-Generation Device' installation project, Seoul became the first in the nation last year to acquire 169 tons of carbon emission credits, and aims to acquire 897 tons by 2025 by expanding the installation of these devices. We hope for active participation in installing the 'Elevator Self-Generation Device,' which is effective in reducing common electricity charges and greenhouse gases in buildings."


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

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