The South Korean government said its tax rebate for building-integrated photovoltaic (BIPV) systems had risen from 13.4% to 15%, but its rebate for traditional rooftop PV systems had dropped from 50% to 47%.

South Korea's Ministry of Trade, Industry and Energy (MOTIE) has allocated 244.7 billion won ($185.5 million) for its tax rebate program for rooftop photovoltaic systems and other small-scale renewable energy systems. The department began accepting applications from homeowners and businesses on April 3.

MOTIE said its rebate for the BIPV system has increased from 13.4% to 15%. However, it has reduced rebates on traditional rooftop PV systems from 50% to 47%.

About 48.9 billion won of the total budget will go to detached houses and multi-unit homes, while 61.1 billion won will go to commercial buildings. Another 140 billion won will be allocated to projects that combine two different renewable energy technologies.