The Korea Energy Agency applied for a loan for the ‘2021 Energy Use Rationalization Fund’, which supports companies to invest in energy-saving facilities and expand the social base of low carbon and high efficiency energy, starting from February 1 (Mon) to 5 (Fri) I get one week in the first week of every month.
The energy use rationalization fund is a loan that supports part of the investment cost at a long-term low interest rate when investing in energy-saving facilities for efficient use of energy and reduction of greenhouse gases.
This year, we plan to support a total of 86 target facilities and projects with a scale of 326 billion won, an increase of about 9% compared to the previous year. ESCO investment business can apply for loans up to 100%.
In particular, it is planning to promote smooth use of funds and investment in energy-saving facilities by SMEs by giving priority to SMEs whose investment is bound to shrink due to the economic downturn.
In addition, the ESCO investment project is expected to increase investment in energy saving facilities by lowering the fixed interest rate from 2.75% to 1.75%, reducing the burden on companies for financing.
*Monthly periodic application period is announced in advance, and for detailed schedule, refer to the website of the Energy Use Rationalization Fund.
The Korea Energy Agency plans to provide funding if certain criteria are met through document review, expert evaluation on energy saving effects, and on-site inspection for the applied project.
“Investing in energy-saving facilities is an essential first step toward a low-carbon society,” said Cha Jae-ho, regional cooperative director of the Korea Energy Agency. We look forward to increasing the energy efficiency of our facilities by investing and contributing to the realization of carbon neutrality.”
Copyright © Pax Economic TV Unauthorized reproduction and redistribution prohibited