"A Mini Power Plant on the Balcony"... Jeju to Subsidize 80% of Solar Installation Costs

Applications open through December 4 for 400 households
200,000 won out of pocket; monthly electricity bill savings of about 10,000 won

Jeju Special Self-Governing Province is stepping up its Home Solar Deployment Project to ease residents' electricity bills and expand the use of renewable energy. The province will subsidize 80% of the installation cost for 500-watt balcony solar systems for 400 households in single-family and multi-family homes, and is accepting applications through December 4.

Jeju Special Self-Governing Province Government Office

According to Jeju Province on October 14, the total installation cost is 1 million won, of which 800,000 won will be covered by a subsidy. Residents will therefore pay just 200,000 won to install a mini solar system on their balcony.

Once operational, the system is expected to reduce electricity bills by about 10,000 won per month. Households that complete installation will also receive an additional 10,000 carbon-neutrality points.

A total of 320 million won in national and provincial funds will be allocated to this year's project.

Owners of single-family and multi-family homes are eligible to apply. In apartment complexes and other multi-family housing, applications can be submitted individually by household or collectively for the entire complex. However, households that have already received support through a previous mini solar project run by the central government or another local government are not eligible.

The installed solar systems will be covered by warranties against defects for three to five years, depending on the type of components. They will also receive regular maintenance at least once a year after installation, allowing residents to use them with confidence.

Households wishing to participate should consult with Jeju-based participating company E2G Co., Ltd., officially selected by the Ministry of Climate, Energy and Environment, about the products and installation terms, and then sign a contract.

Cho Sunhee, director general of Jeju Province's Climate and Energy Bureau, said, "We expect this project to help households ease their electricity bills with power they generate themselves, while also increasing the share of renewable energy in Jeju." She urged residents to "check before applying that the company is an officially selected government participant, as consumers have recently suffered losses from false and exaggerated advertisements impersonating solar installation projects."

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