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Policies of electricity business |
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Policies on prices to generate power using new, recyclable energy-Ministry
of Knowledge Economy #2008-45
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<Table 1-3> Time table for solar energy use and
unit price based on applicable period(Won/kWh)
Period |
Valid |
Less than
30 kWh |
More than
30 kWh |
~’08.9.30 |
15 years |
711.25 |
677.38 |
’08.10.1
~ ’09.12.31 |
Period |
Less than 30 kWh |
30 kWh~ 200 kWh |
200 kWh ~ 1MW |
1MW ~ 3MW |
More than 31MW |
15years |
646.96 |
620.41 |
590.87 |
561.33 |
472.70 |
20years |
589.64 |
562.84 |
536.04 |
509.24 |
428.83 |
’10.1.1 After |
20years |
To be re-established
every year |
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Policy to support houses using solar energy
(year 2009) |
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* Outline |
The policy is to encourage the use of solar energy in general, public,
and rental houses so that related enterprises may have a better invest
environment in which to further develop the market and, in the long term,
to promote exports of technology by financially supporting a part of
installation costs.
- 60% supported by the government for people in need of solar energy
(40% to be paid by on their own)
- About 9,300,000 won per facility of 1Kw § 2Kw ~ MAX 3Kw depending on
volume of use
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<Standards for solar energy installation in residences >
Solar energy
Volume(kw/Month) |
Less than
2kw |
Less than
2.5kw |
Less than
3kw |
Less than 300kw |
O |
- |
- |
More than 300kw
~ Less than 350kw |
- |
O |
- |
More than 350kw |
- |
- |
O |
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※ Volume is to be selected based on electricity use per year, houses
using less than 300 kw are eligible for installation
- Reference : http://www.energy.or.kr |
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National and local autonomous entities Organizations
receiving government contributions (More than 50 hundred million won
per year) Organizations receiving government financing Local autonomous
entities, organizations receiving government contributions and investments,
and government-financed organizations will pay half or more of capital
expenditure Cooperation-financed capital of more than 50 hundred billion,
cooperations established by special laws |