Gyeongsangbuk-do (Governor Lee Cheol-woo) announced on the first that it can promote the '2024 Recent and Renewable Energy Supply Housing Support Project', which is able to provide as much as 70-80% funding to expand the provision of latest and renewable energy.
The housing support project, hosted by the Ministry of Trade, Industry and Energy and implemented by the Korea Energy Agency, provides subsidies for a part of the installation cost from the federal government, province, city, and county when installing recent and renewable energy facilities equivalent to solar energy, solar heat, and geothermal heat in single-family homes and apartments. It's business.
Gyeongbuk Province has invested a complete of 139 billion won from 2004 to last yr to provide recent and renewable energy to 19,598 households.
This yr, we plan to take a position a complete of KRW 12.6 billion, including KRW 3 billion in local expenses, to support the installation costs of residential recent and renewable energy facilities for about 1,850 households.
Within the case of three kilowatts (kW) of solar energy for residential use, which is essentially the most in demand, the quantity of support is 2.13 million won in national funds and 1.42 million won in local funds out of the installation cost of 5.34 million won. The out-of-pocket cost is roughly 1.79 million won.
Based on a four-person family home, electricity bills of about 650,000 won shall be saved every year, and carbon dioxide reduction of about 1,600 kg will be achieved annually.
Homeowners wishing to put in recent and renewable energy can apply through participating firms positioned in Gyeongbuk Province on the Korea Energy Agency website starting on the third.
Kim Byeong-gon, director of the Gyeongbuk East Coast Strategic Industry Bureau, said, “The housing support project will have the ability to scale back the burden on residents of the province because of increased energy prices,” and added, “We hope for plenty of interest and participation.”
Reporter Taeyong Kim future@aitimes.com