Gyeongnam Province Supports 50% of Increased Electricity Charges for Agricultural Use

Charges Applicable from January to March This Year, Resident Center Registration

Gyeongsangnam-do Province will support half of the increase in electricity charges for agricultural use to ease the production cost burden on local farmers suffering from rising electricity rates.

On the 18th, Gyeongsangnam-do announced that it will provide support to farmers, agricultural corporations, and producer organizations residing in the province who use electricity for agricultural purposes.

The agricultural electricity facilities must be located within the province, and only authorized facilities and farmers engaged in seed production, seedling cultivation, livestock farming, etc., are eligible for support.

Those whose total electricity bill from January to March this year is less than 60,000 KRW are excluded.

The province will provide a total of approximately 10.4 billion KRW in support to 222,600 agricultural electricity users within the province.

Eligible farmers can receive 12 KRW per kWh, which is 50% of the increase in the Korea Electric Power Corporation (KEPCO) electricity charges billed for January to March this year, up to a maximum of 15 million KRW per person.

Gyeongnam Provincial Government Office.
Photo by Lee Seryeong

Farmers wishing to apply must submit an application form to their local eup/myeon/dong office by June 15.

When applying, applicants must provide their customer number, facility location address, and bank account number. If they do not know this information, they can submit a personal information consent form.

According to Gyeongsangnam-do, agricultural electricity rates have increased sharply three times since April 2022.

Agricultural electricity rate category A rose from 16.6 KRW/kWh to 32.3 KRW, an increase of 96.9%, and category B rose from 34.2 KRW to 50.3 KRW, an increase of 47.1%.

In particular, Gyeongsangnam-do has the largest facility horticulture area in the country, with paprika, tomato, and strawberry farms struggling due to the rise in electricity charges.

Kang Seung-je, Director of Agricultural Policy, said, “We hope this support for agricultural electricity charges will greatly help local farms struggling with rising production costs. We encourage every farmer in the province to apply without exception.”

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