Mokpo City to Provide Up to 250,000 KRW in Electricity Bill Support for Good Price Businesses

Reimbursement Support for "Good Price Businesses"
Contributing to Local Price Stability

Aerial view of Mokpo City Hall.

On August 12, Mokpo City in South Jeolla Province announced that it will provide support for electricity bills of up to 250,000 KRW per business to 43 "Good Price Businesses" that contribute to price stability.

The support covers usage during the period from May to July and will be provided on a reimbursement basis. However, businesses that have already received the "Small Restaurant Public Utility Fee Support" for small business owners in the first half of the year are excluded from this program.

"Good Price Businesses" refer to small-scale personal service establishments-such as restaurants, barbershops, beauty salons, and laundries-that offer high-quality services at lower prices compared to others in the same industry. In addition to public utility fee support, designated businesses receive a certificate of designation and a certification plaque, promotion on the city hall website and social media, and support for operational supplies.

In the first half of the year, the city already provided operational supplies worth approximately 500,000 KRW per business, including volume-based waste bags and wet wipes. In the second half, the city plans to continue supporting newly designated businesses by providing operational supplies worth about 400,000 KRW and additional public utility fee support through further recruitment.

A city official stated, "We have prepared this support measure to provide practical assistance to businesses that strive to maintain price stability despite ongoing price increases," and added, "We will continue to promote various support measures to help stabilize business operations and revitalize the local commercial district."

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