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2 clusters · 4 sources · 6 days · First seen · Last updated

KEPCO smart appliance cashback pilot program

Overview

LG Electronics and Korea Electric Power Corporation (KEPCO) initially signed a memorandum of understanding to launch a ‘Smart Appliance Cashback Pilot Project.’ The goal of the initiative is to stabilize the power supply by incentivizing the use of high-efficiency appliances during peak renewable energy generation periods.

Following the agreement, KEPCO launched the two-month pilot program, which runs from September 1 to October 31. The program offers a cashback of 100 KRW per 1kWh used between 11:00 AM and 2:00 PM on weekends and public holidays. To participate, customers must be enrolled in the residential energy cashback program and apply through appliance platforms such as LG ThinQ or Samsung SmartThings.

Entities

LG Electronics · Korea Electric Power Corporation · Samsung Electronics

Timeline

  1. 11 days ago

    [BUSINESS] 2 sources
    KEPCO launches smart appliance cashback pilot program

    KEPCO and major appliance makers are piloting a cashback program in South Korea to reward users for using smart appliances during peak renewable energy production hours.

  2. 16 days ago

    [BUSINESS] 3 sources
    LG Electronics and KEPCO launch smart appliance cashback pilot

    LG Electronics and KEPCO have launched a pilot program offering electricity bill cashbacks for using specific appliances during high renewable energy production periods.

Sources

biz.heraldcorp.com · energy-news.co.kr · seoul.co.kr · zdnet.co.kr