Selecting Outstanding Energy-Saving Households for Awards
Raising Awareness of Energy Conservation Effects and Expanding Business Scale



LG Uplus and the Chungbuk Regional Headquarters of the Korea Energy Agency announced on the 10th that they have signed a Memorandum of Understanding (MOU) to collaborate on joint energy conservation projects utilizing IoT (Internet of Things) technology.

The two companies have decided to jointly promote energy conservation projects utilizing IoT technology, a future energy new business sector, targeting apartment complexes in Chungbuk Province, thereby contributing together to reducing residential electricity consumption and spreading energy conservation practice culture throughout the region.

Accordingly, participating households in Chungbuk Province can monitor real-time power consumption, cumulative usage, and progressive rate change alerts through LG Uplus Home IoT service called Energy Meter, and can experience standby power reduction effects through IoT Plus and Switch, enabling households to independently manage and control their energy consumption.

Furthermore, the two companies plan to analyze energy reduction amounts and select and award outstanding households to effectively communicate the ripple effects of best practices. They will continuously raise awareness of energy conservation effects such as usage cases by household and plan to progressively expand the business scale according to business performance.

Jung Ju-hwa, Director of the Chungbuk Regional Headquarters of the Korea Energy Agency, stated, "By applying IoT technology, the growth engine of the energy new industry, to households, residents will autonomously practice energy conservation and contribute to forming efficient energy use habits."

Ahn Seong-jun, Executive Vice President of IoT Division at LG Uplus, said, "Since the Energy Meter, a flagship service of Home IoT, has proven its reduction effects through existing subscribers' cases, we will maintain a continuous collaborative relationship with the Energy Agency to create a voluntary energy conservation culture among customers."