The Economics Ministry remains steadfast in its pursuit of energy efficiency, targeting net-zero emissions by 2050. One method it employs to encourage public participation is offering subsidies for replacing old appliances with energy-efficient alternatives. The ministry’s Energy Administration stated on Friday that the subsidies will continue over the Lunar New Year with online applications accepted 24 hours a day.
The government incentives range from NT$1,000 to NT$3,000 (US$32 to US$96) for energy-efficient gas stoves and water heaters, and NT$3,000 (US$96) per unit for energy-efficient air conditioners and refrigerators, along with free recycling of old appliances.
In 2023, the subsidy program received an enthusiastic response, depleting its NT$2 billion (US$63.7 million) budget ahead of schedule. The Cabinet allocated an additional NT$3.3 billion (US$105.2 million) from the petroleum fund, facilitating the replacement of 1.7 million appliances and saving 1.07 billion kWh.
The Energy Administration points out that despite fewer shoppers in January due to winter weather, it anticipates a surge in March and April. The administration assures a NT$2 billion (US$63.7 million) budget this year, with extra support from the Economics Ministry and the Cabinet, should more be needed.