South Korea: Energy-saving differential interest-free payment encourages the use of LED lighting for all

[Reporter Gao Ning Guangzhou reported] "By 2020, Korean public lighting will use LEDs all, and the popularity of civilian LED lighting will reach 60%." On the afternoon of June 9, Dr. Fang Bingguo, the chief director of the Korea LED Supply Association, said at the 2012 Asian LED Summit Forum that the South Korean government introduced an interest-free payment policy to encourage the use of LED lighting.

"We are worried that the situation of power outages in South Korea will repeat itself at any time." Fang Bingguo said that the Korean power company raised electricity tariffs twice last year, but it still suffered losses. The price of oil has risen to 2,000 won per liter, up by more than 200 won in 2011. Large-scale power outages and the depletion of resources continue, and energy conservation has become inevitable for South Korea.

The Korean government has been preparing a large number of LED projects since 2005, and the Korea LED Supply Association was established in 2008. Fang Bingguo said that LED is energy-saving, but the high price is difficult for ordinary people to accept. For this reason, the Korean government has introduced a policy of interest-free payment for interest-free payment to promote the expansion of the civilian LED lighting market.

The specific operation mode of the interest-saving payment policy is to help the user to install the LED for free. The user still pays the electricity fee before using the LED lighting. The excess is used as the cost of paying the LED until the LED fee is fully paid. Pay the electricity fee according to the actual electricity used. Fang Bingguo introduced that the work after the free installation will be completed by the LED Supply Association. Seoul City makes special signs for communities that use LED lighting and makes a certain amount of cash rewards. The Korean government encourages the installation of LEDs in residential and underground parking lots.

In addition, Mr. Mu Zhengdian, the director of the Japan Lighting Industry Association, introduced at the forum that the Japanese government encourages all people to use LED lighting through the eco-point policy. Japanese people will get the corresponding ecological points when purchasing LED lighting products, and the points earned can be purchased. Used in other commodities, the government provides financial support.

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