• 2026.08.12 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Distribution Economy

South Korea Boosts Support for Low-Income Households to Purchase Energy-Efficient Appliances

Global Economic Times Reporter / Updated : 2025-02-02 11:18:49
  • -
  • +
  • Print

Seoul – The Ministry of Trade, Industry and Energy announced on February 2nd that it will invest 12.5 billion won (approximately 9.5 million USD) this year in a program to help vulnerable households purchase high-efficiency appliances. This initiative aims to alleviate the energy cost burden on low-income families.

The program will maintain the existing 300,000 won (approximately 230 USD) cap per household for those receiving electricity bill discounts. However, it will significantly increase the rebate rates for certain groups:

Households with disabilities, veterans, or recipients of basic livelihood support: The rebate rate has been increased from 20% to 30%.
Families with three or more children, newborns (under 3 years old), or large families (5 or more members): The rebate rate has been increased from 10% to 15%.
In addition, the list of eligible appliances has been updated. While water purifiers have been removed, dishwashers have been added, bringing the total number of eligible items to 11. This includes major appliances such as televisions, air conditioners, refrigerators, washing machines, rice cookers, air purifiers, kimchi refrigerators, dehumidifiers, vacuum cleaners, clothes dryers, and dishwashers.

Eligible households can apply for the rebate starting from February 17th through the program's website. Applicants will need to provide documentation such as energy efficiency rating labels, transaction statements, and proof of purchase.

A ministry official stated that this expanded program is expected to save approximately 6 gigawatt-hours (GWh) of energy annually. The ministry plans to continue its efforts to improve energy welfare for vulnerable populations.

[Copyright (c) Global Economic Times. All Rights Reserved.]

Global Economic Times Reporter
Global Economic Times Reporter
Reporter Page

Popular articles

  • Planting Hope: Ethiopia’s Green Legacy and the Power of National Transformation

  • OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months

  • Google Cloud Deploys ‘Gemini Enterprise’ to Samsung Electronics DX Division

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065579441737959 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Riot Games Hosts Largest-Ever TFT Festival at The Hyundai Seoul to Launch 'Sylvan Secrets' Set
  • MINISTRY OF EMPLOYMENT AND LABOR DIRECTS IMMEDIATE EXPANSION OF REST FACILITIES AT GIMPO AIRPORT AFTER UNANNOUNCED HEATWAVE INSPECTION
  • XAVIS Secures Contract to Supply Advanced X-Ray Inspection Systems to European Lines of Global Food Sauce Brand
  • Emma Expands Collaboration with Interior Design Experts to Present Sleep Space Solutions
  • Trump Criticizes U.S. Congressional AI Regulations as Threat to Tech Industry
  • Memory Chips Become Dominant Force in Global Semiconductor Industry, Expected to Account for 60% of Total Market This Year

Most Viewed

1
Planting Hope: Ethiopia’s Green Legacy and the Power of National Transformation
2
Japan Estimated to Have Spent ¥6–7 Trillion in Fresh Yen-Buying Intervention as US Joint Action Hints Emerge
3
The 16th Ethiopia-gil World Festival & Meskel Festival
4
South Korea’s July Exports Hit Record $98.9 Billion as Semiconductor Supercycle Powers Surge
5
Lube Base Oil Emerges as Export Lifesaver for South Korean Refiners Amid Middle East Conflict
광고문의
임시1
임시3
임시2

Hot Issue

MINISTRY OF EMPLOYMENT AND LABOR DIRECTS IMMEDIATE EXPANSION OF REST FACILITIES AT GIMPO AIRPORT AFTER UNANNOUNCED HEATWAVE INSPECTION

Riot Games Hosts Largest-Ever TFT Festival at The Hyundai Seoul to Launch 'Sylvan Secrets' Set

Nable Communications Secures 5G Private Network Upgrade Deal with LG Uplus

Ansan City Pay-as-You-Throw Trash Bag Abandoned in Japan Sparks Controversy in Kamikochi

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers