South Korea to double energy vouchers amid soaring bills, cold wave

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South Korea to double energy vouchers amid soaring bills, cold wave
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South Korea plans to double energy vouchers and a discount of gas prices for underprivileged families to cope with spiralling heating bills amid a prolonged cold wave, officials said on Thursday.

Countries around the world have faced rising energy costs in the face of a global surge in natural gas and heating fuel prices resulting from the conflict in Ukraine.

The measures would benefit almost 1.2 million families receiving energy vouchers and around 1.6 million homes eligible for the gas discount this winter, in a country of 21.6 million households, Choi said. "Our heating bills have gone up about 50% from previous years," said Lim Jong-cheol, a Seoul resident who said he and his wife have fixed incomes and are trying to cut back on expenses like eating out.

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