News
Cabinet approves subsidy plan for rooftop solar panels
The cabinet has approved a plan to offer subsidies of up to NT$300,000 to install rooftop solar panels on private residential buildings.
The "Residential Rooftop Solar Energy Installation Acceleration Plan" was submitted by the Ministry of Economic Affairs. It is intended for private residential buildings with a rooftop surface area of under 1,000 square meters.
According to the economics ministry, it will allow applicants to apply for cash rebates equivalent to NT$3,000 per kilowatt of installed capacity, or a maximum of NT$300,000 for an entire project. The programme will run from 2025 through 2028 and has a total budget of NT$4.08 billion.
The economics ministry says it hopes the programme will result in NT$72 billion in additional solar energy investments and benefit around 120,000 households. Although the central government is providing the funding, the programme will be overseen by local governments.
