Additional support of KRW 40 billion for small businesses to replace high-efficiency air conditioning facilities

2023-07-14 10:38:08

30 billion won for replacement of old air conditioners, 10 billion won for open refrigerator doors

A new budget will be invested to support the replacement of old air conditioners and heaters and the opening of open refrigerators for small businesses.

On the 14th, the Ministry of Trade, Industry and Energy held the 2nd meeting of the task force task force to reduce cooling costs to review the performance and discuss detailed plans for a new project to support replacement of high-efficiency equipment for small businesses.

According to the economic policy direction for the second half of this year announced on the 4th, the government changed the power industry infrastructure fund plan and nearly doubled the budget for the power efficiency improvement project from 51.8 billion won to 96.8 billion won.

The additional financial resources will be used to provide 40 billion won to alleviate the burden of cooling costs.

When small business owners replace air conditioners produced before 2015 with first-class energy efficiency products, they can receive a refund of 40% of the product price (up to 1.6 million won per business operator).

The Ministry of Industry has allocated a budget of 30 billion won for this purpose.

In addition, 10 billion won will be invested to support 40% of the cost if doors are installed in open refrigerators used in supermarkets and other food stores.

Cheon Yeong-gil, head of the Energy Policy Office, said, “We plan to support high-efficiency facilities on a large scale in order to more fundamentally alleviate the burden of small businesses on energy costs.” requested

Reporter Kim Jin-hee of Helloty |

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