Samsung Electronics Joins Small Business High-Efficiency Equipment Replacement Support Project

Targeting Grade 1 Air Conditioners, Washing Machines, Dryers, and Refrigerators

Samsung Electronics announced on the 26th that it will participate in the government project 'Support Policy for Replacing High-Efficiency Devices for Small Business Owners,' which aims to reduce the energy cost burden for small business owners.

A Samsung Electronics model is introducing Samsung air conditioners, washing machines, dryers, and refrigerators eligible for the 'Small Business High-Efficiency Equipment Replacement Support Project' at the Samsung Store Daechi branch. / Photo by Samsung Electronics

The Support Policy for High-Efficiency Devices for Small Business Owners is a project conducted by the Ministry of Trade, Industry and Energy and Korea Electric Power Corporation, aimed at supporting small business owners who install high-efficiency devices at their workplaces by subsidizing up to 40% of the purchase amount.

This year, the eligible home appliance categories have been expanded, and not only replacement of old products but also new purchases are included in the support scope. The supported items are four products with energy efficiency grade 1: air conditioners, washing machines, dryers, and refrigerators.

Samsung Electronics will actively promote its energy efficiency grade 1 products again this year, following last year’s participation in the government policy. These products will be showcased at Samsung Stores nationwide, Samsung.com, official online Samsung Electronics certified stores, and major retail outlets.

Rebate applications can be made on the official Korea Electric Power Corporation website, which opens on the 25th of next month. After purchasing the product, applicants must submit the energy consumption efficiency grade label of the purchased product, the manufacturing number plate, transaction details, and receipts.

Hwang Tae-hwan, Vice President of Samsung Electronics Korea, said, "We hope that through this opportunity, more small business owners will experience Samsung Electronics’ high-efficiency home appliances equipped with differentiated energy-saving solutions."