A survey found that the electricity bills for households with solar panels installed of their homes in July decreased by 88% in comparison with last 12 months.
Gyeonggi Province (Governor Kim Dong-yeon) announced on the thirty first that in consequence of checking the electricity bills of fifty households randomly chosen from among the many households participating within the ‘Gyeonggi Province Residential Solar Power Support Project (100,000 Households with Power Self-sufficiency Project)’ in 2023, the typical payment in July of last 12 months was 85,000 won, but in July of this 12 months, after installing residential solar energy, the typical payment was 9,700 won. This implies a median electricity bill savings of 77,000 won per household.
Particularly, the savings effect was great for households whose monthly electricity bills were over 100,000 won. Out of fifty households, 16 households that used over 100,000 won last 12 months saw their electricity bills drop from a median of 131,000 won to 18,900 won. Since residential electricity rates are subject to a progressive rate system, the more electricity you employ, the greater the savings effect of home solar energy.
Among the many 50 households, the household that saved essentially the most on electricity bills was the one which reduced from 144,700 won to 25,500 won. As well as, 37 households had more solar energy generation than electricity usage, so their electricity bills were at the essential rate level.
Ms. Lee (61), a housewife living in Ilsandong-gu, Goyang-si, said, “Because we survive the highest floor of a constructing, the home gets extremely popular in the summertime, and since all my members of the family are adults, we’ve got no alternative but to activate the air conditioner in each room.” She added, “I used to fret lots in regards to the electricity bill each time I turned on the 4 air conditioners in three rooms and the lounge, but after installing the house solar energy system, my worries disappeared.”
He also said, “The summer electricity bill, which was once over 200,000 won monthly, has been significantly reduced to around 45,000 won due to solar energy.” He continued, “My neighbors do not have to fret about their electricity bills anymore after installing solar energy, so I hope more people will save on their electricity bills with solar energy.”
Meanwhile, Gyeonggi Province has expanded its residential solar energy business by investing an extra 3.4 billion won this 12 months.
This 12 months, we plan to support the installation of residential solar energy (3kW) for two,679 single-family homes (including multi-family homes). Of those, 1,267 households can have 50% of the full solar energy installation cost borne by town/county, 20% by town/county, and 30% by the homeowner.
Kim Yeon-ji, head of the Gyeonggi Energy Industry Division, said, “So as to reply to extreme heat waves and climate change which have grow to be routine, Gyeonggi Province is significantly expanding the ‘Resident RE100’ in order that residents can directly install solar energy to scale back their electricity bills,” adding, “We’re also preparing the muse to link renewable energy produced by Gyeonggi residents with RE100 firms.”
Reporter Gong Da-young local@aitimes.com
