New equipment without a lump sum
Government policy funding, on better terms than a commercial loan, puts the equipment in first, and you repay in instalments out of what the bill saves each month.
No money up front. Put in new equipment and pay for it out of the energy costs it saves. E&I solution is a registered energy service company and handles the whole job in one place: matching low-interest policy funding from the Korea Energy Agency, a detailed energy audit, and the design and installation of high-efficiency equipment.
Ageing equipment at your site is replaced with high-efficiency units, and the cost of the change is paid in instalments out of the energy costs those units save. Government policy funding carries the equipment bill, and the saving takes your fixed costs down for good.
Government policy funding, on better terms than a commercial loan, puts the equipment in first, and you repay in instalments out of what the bill saves each month.
We design and install with high-efficiency equipment only, which cuts the risk of small breakdowns and keeps the energy saving steady.
The investment tax credit for ESCO work lets you deduct up to 10 percent of the equipment investment from corporate tax, or 5 percent for a mid-sized company.
A company that cannot fund it up front
Talk to us: Ageing equipment to replaceSound equipment, but a large standing charge
Talk to us: A peak at certain hoursA site unsure whether it qualifies
Talk to us: Applying for policy fundingA company weighing the saving and payback
Talk to us: Checking the savingNot sure which one you are?
Find the right business for youWe read the government and Korea Energy Agency notices closely and write the recommendation application ourselves. You send us your recent energy use and your business registration certificate, and E&I solution handles all of the administration in one place.
Because we hold both, we can look at replacing ageing equipment with high-efficiency units and putting solar on the factory roof together, and propose whichever mix saves the most for what it costs.
Government support is set out as 87 types of equipment across 11 categories. We take the list of what is on your site and work out precisely what qualifies, so nothing eligible is missed.
See the 87 supported equipment typesWhen the policy funding notice opens we file the application with the Korea Energy Agency. E&I solution writes the technical business plan and the supporting paperwork.
The Korea Energy Agency's review panel assesses the case and issues a formal funding recommendation in the owner's name.
The low-interest policy loan is drawn through a participating bank, and the money goes straight to the construction cost.
We keep to the required drawdown deadline, 30 percent within three months of the recommendation date, so the equipment change is completed without delay.
We complete the on-site survey with the Korea Energy Agency and keep checking that the energy saving comes out as designed.
Funding runs from KRW 20 million up to KRW 30 billion per site. The terms change with each year's notice, so we check them again when you apply.
Talk to a specialistTell us what equipment you have and your recent energy use, and we will set out whether it qualifies, how much it would save, and how much policy funding you could get. Talk it through with a specialist first, with no obligation.
Pick Energy service company (ESCO) as the inquiry type and a manager is assigned straight away.