EUNSUNG POWERTECH Co., Ltd.

Government Support Programs for Solar Power

These programs, conducted by the government, local governments, and the Korea Energy Agency, aim to promote the distribution of renewable energy, particularly solar power. They offer partial funding to help cover installation costs.

Mini Solar Power Support Program

This program provides partial funding for installing mini solar power systems through local governments (Busan City, Gimhae City). Support applications must be submitted to designated companies, and the program proceeds once applications are received.

Eligibility	Households in multi-family housing within the local government area, where the owner of each household wishes to install a mini solar power system.
Supported Equipment	Mini solar power system of 500W or less per household. ※ 1 unit per household
Support Amount	The program covers 85% of the installation cost. ※ The remaining cost must be borne by the individual (private contribution).
Types of Support	Individual households or security offices in multi-family housing.
Installation Methods	Mounted (e.g., balconies, verandas) or anchor type (e.g., roofs of security offices).

As of 2024, Busan City offers an 85% subsidy, with the individual paying 15% of the cost. The program's availability varies each year, so please check local government announcements for details.

Housing Support Program

This program provides subsidies from local governments or the Korea Energy Agency for households selected for renewable energy (solar power) housing support.

Busan Housing Support Program (2024)

Eligibility	Single-family homes (owners or future owners of existing or new homes) with registered residence in Busan.
Support Criteria	Subsidies based on the solar installation capacity (up to 3kW).
Government Subsidy	3.1 million KRW per household.

Korea Energy Agency Housing Support Program (2024)

Eligibility	Single-family homes	Owners or future owners of existing or new homes
Eligibility	Multi-family homes	Representatives of existing multi-family dwellings or owners/representatives of residents in newly constructed multi-family homes

Module Type		General Modules	Low Carbon Modules
Single-family homes	2kW or below	921,000 KRW/kW	1,065,000 KRW/kW
Single-family homes	2kW to 3kW	713,000 KRW/kW	836,000 KRW/kW
Multi-family homes	30kW/unit	657,000 KRW/kW	775,000 KRW/kW

The applicant's out-of-pocket costs will be determined according to the contract with participating companies (within the total project cost limit). Additional Busan City subsidy (including VAT, based on 2024).

Energy Source	Support Type			Subsidy Amount
Solar Power	Single-family Homes	3kW or below	General Module	1.2 million won
Solar Power	Single-family Homes	3kW or below	Low Carbon Module	1.25 million won

Solar power monthly generation: 351 kWh = 3 kW × 3.9 (average daily generation hours) × 30 days Average savings : 70,910 KRW (estimated amount)

Building Support Program

This program provides partial funding for installing renewable energy systems (solar power) in buildings or facilities for self-consumption. Its goal is to promote the use of renewable energy and support the adoption of new technologies.

Building Support Program : This applies to all buildings and facilities except residential buildings (under Article 21 of the "Regulation on Support for Renewable Energy Equipment," as announced by the Ministry of Trade, Industry, and Energy) and buildings/facilities owned or managed by local governments (under Article 26).
Pilot Projects : These involve applying technological outcomes to various types of housing, buildings, and related facilities or testing and applying renewable energy systems by installing new technologies on a trial basis for a certain period.

Category	Support Scope	Subsidy Support Unit Price (Including VAT)
General	Up to 100kW	General Module	741,000 KRW/kW
General		Low Carbon Module	867,000 KRW/kW
Livestock and Animal Facilities		General Module	849,000 KRW/kW
Livestock and Animal Facilities		Low Carbon Module	999,000 KRW/kW

Subsidy Amount = Installed Capacity × Subsidy Unit Price

The solar power sector operates based on the principle of grid connection. Independent (storage) support is only available in areas not connected to the KEPCO grid, such as remote islands. (Energy storage systems are not eligible for support.)
The total subsidy amount for each project is calculated by applying the subsidy unit price to the requested capacity, with the amount rounded down to the nearest 10,000 KRW.
All applicants participating in the building support program must connect to the Renewable Energy Integrated Monitoring System (REMS). The cost of this support is additional and is not covered by the renewable energy facility subsidy.

EUNSUNG POWERTECH Co., Ltd. (hereinafter referred to as "the Company") takes your privacy seriously and complies with the Act on the Promotion of Information and Communication Network Utilization and Information Protection.

Through this Privacy Policy, the Company informs you of how your personal information provided to us is used for what purposes and methods, and what measures are taken to protect your personal information. The Company will notify you of any changes to the Privacy Policy through website announcements (or individual notices).

This policy is effective from April 1, 2024.

1. Items and Methods of Collecting Personal Information

a. Items of Personal Information Collected
- The Company collects the following personal information for information provision: - Name, email, contact information, address
b. Methods of Collecting Personal Information
- The Company collects personal information through website inquiries and collaboration consultations.

2. Collection and Use of Personal Information

Information delivery, content provision

3. Retention and Use Period of Personal Information

User's personal information will be destroyed without delay, in principle, once the purpose of collecting and using personal information is achieved.

4. Personal Information Destruction Procedures and Methods

User's personal information will be destroyed without delay, in principle, once the purpose of collecting and using personal information is achieved. The Company's personal information destruction procedures and methods are as follows:

a. Destruction Procedures
- The Company retains personal information while it is being provided by the Company and uses it to provide information. Personal information will be destroyed without delay when the purpose of collecting personal information or the purpose for which it was provided is achieved. However, even if the purpose of collection or the purpose for which it was provided is achieved, personal information may be retained only when there is a need to retain it in accordance with laws and regulations such as the Commercial Code. In this case, such personal information will be managed for retention purposes only.
b. Destruction Methods
- - Personal information printed on paper is shredded or incinerated.
- - Personal information stored in electronic file format is deleted using a technical method that prevents the record from being reproduced.

5. Provision of Personal Information

The Company does not provide user's personal information to third parties in principle. However, the following are exceptions:

- When users have given their prior consent
- When there is a request from an investigative agency in accordance with the procedures and methods prescribed by law for investigation purposes or in accordance with the provisions of law

6. Installation/Operation and Refusal of Automatic Personal Information Collection Devices

The Company does not collect personal information automatically using cookies, etc., that store and periodically retrieve user information

7. Rights and Obligations of Users

Users have the right to access, correct, and delete their personal information at any time. If a user wishes to access, correct, or delete their personal information, they should send an email to the Company's Personal Information Management Officer. If a user requests the deletion of personal information, the Company will immediately destroy the relevant data permanently in a form that cannot be reproduced. Users have the right to be protected from the infringement of their personal information, as well as the obligation to protect themselves and not infringe on the information of others. Users should enter their personal information as accurately as possible and be careful not to leak their personal information to prevent accidental incidents. In the case of children under the age of 14, the legal representative has the right to access or correct the child's personal information and to withdraw consent for collection and use.

8. Contact Information of Personal Information Management Department

You can report any personal information protection complaints arising from your use of the Company's services to the Management department. The Company will promptly and sufficiently respond to user complaints.

- Department in charge of Personal Information : Management Department
- Phone: +82-52-264-9309
- Email: sw.corp@swcinfo.com

If you need to report or consult a personal information breach, please contact the following organizations:

- Personal Dispute Resolution Committee (www.1336.or.kr / 1336)
- Information Protection Mark Certification Committee (www.eprivacy.or.kr / 02-580-0533~4)
- Internet Crime Investigation Center of Supreme Prosecutors' Office (http://icic.sppo.go.kr / 02-3480-3600)
- National Police Agency Cyber Terror Response Center (www.ctrc.go.kr / 02-392-0330)

Article 1 (Purpose)

This agreement aims to regulate the rights, obligations, responsibilities, and other necessary matters between the user and the EUNSUNG POWERTECH Co., Ltd. (hereinafter referred to as "company") in using the member services (hereinafter referred to as "Service") provided by the website of EUNSUNG POWERTECH Co., Ltd.

Article 2 (Effect and Change of Terms)

① These terms become effective by being posted on the service screen or notified by other means to the user, and take effect when a user who agrees to them joins the service.
② The service provider may change the contents of these terms when deemed necessary, and the changed terms will be announced on the service screen so that users can verify them directly.
③ If users do not agree with the changed terms, they may stop using the service and cancel their membership. If they continue to use the service, it is considered that they have agreed to the changed terms, which take effect in the same manner as the previous clause.
④ If users agree to the contents of these terms, these terms will take precedence in the service provision by the service provider and the service use by the user, and these terms will take precedence over the privacy policy provided by the service provider. Matters not specified in these terms shall be governed by the Telecommunications Basic Act, Personal Information Protection Act, Telecommunications Business Act, Act on Promotion of Information and Communications Network Utilization and Information Protection, etc., regulations of the Broadcasting and Telecommunications Deliberation Committee, Code of Ethics for Information Communication, Program Protection Act, and other relevant laws and customary practices of the Republic of Korea.

Article 3 (Definition of Terms)

① The definitions of terms used in these terms are as follows:
- User: A member and non-member who accesses the service and receives services provided by the service provider
- Member: A person who accesses the service, agrees to these terms, and goes through a verification process such as text verification after receiving an ID (unique number) and PASSWORD
- Non-member: A person who uses the services provided by the service provider without registering as a member
- ID (Unique Number): A combination of letters and numbers selected by the user and approved by the service provider for member identification and service use
- PASSWORD: A combination of characters and numbers set by the user themselves to protect their information.
- Termination of Use: A declaration by the service provider or member to terminate the service contract after using the service.
② The definitions of terms used in these terms, except for those defined in paragraph 1, shall be governed by related laws and regulations and service-specific guidelines.

Article 4 (Formation of Service Contract)

The service contract is established by the user's consent to the terms and the service provider's acceptance of the user's application for use.

Article 5 (Application for Use)

An application for use is made by the user recording their personal information in the membership application form required by the service provider on the service's member information screen.

Article 6 (Acceptance and Rejection of Application for Use)

① The service provider may accept an application for service use in accordance with internal regulations if the application is made with accurate information as specified in Article 5.
② The service provider may restrict the use of some services until the reasons for restriction on the application are resolved in the following cases:
- - If the content is found to be false or there is reasonable cause to suspect it to be false.
- - Other cases deemed necessary by the service provider.
③ The service provider may restrict the application for use in the following cases:
- - When not applied under one's real name.
- - When applying under someone else's name.
- - When the contents of the application are falsely stated.
- - When actions or expressions are made against the purpose of the website.
- - When applied with the purpose of undermining public order or morals.
- - When the requirements for application set by the service provider are not met.

Article 7 (Amendment of Contractual Matters)

Members can view and edit their information at any time through member information management. Members must amend any information provided at the time of application when it changes, and members are responsible for any problems arising from not making such amendments.

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Government Support Programs for Solar Power

Mini Solar Power Support Program