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Policies

High-efficiency Electric Product Subsidy

Source: International Energy Agency
Last updated: 8 November 2019

This program aims to reduce power consumption and promote energy use rationalization by encouraging use of high-efficiency electric devices that can lower power consumption.

 

The program promotes the use of high-efficiency electric devices to reduce electricity consumption and peak power. This is to encourage the public to rationalize their energy consumption. The program replaces old lighting systems with high-efficiency devices for free for the energy poor such as low-income groups and social welfare facilities. This is to improve their energy welfare.

  * low-income groups: General recipients of the basic living assistance program prescribed in the National Basic Living Security Act

  * Social welfare facilities: Community and Utility facilities that are reported to the Ministry of Health & Welfare and the Ministry of Gender Equality and Family

 

Targets of the program include:

  - Projects to promote high-efficiency equipment: LED lamps with interior/exterior converter, inverters, coolers

  - Projects to promote electricity load management equipment: cold storage systems, remote controlling systems of cooling and heating equipment, peak electricity control system, district cooling systems, gas cooling systems

  - Projects to improve energy welfare: High-efficiency fluorescent lamps and LED lamps

 

Want to know more about this policy ? Learn more (Korean)

Technologies