Reductions in energy bills for properties near new pylons

Reductions in energy bills for properties near new pylons


Todays other news
The courts will have to handle a significant increase in...
Taxes and spending cuts are set to be on the...
The Spring Statement comes up this Wednesday...
The Bill is expected to become law in the summer...


Homes situated close to new electricity pylons and sub-stations could receive up to £1,000 a year off energy bills, for up to a decade.

Substantial numbers of new pylons and sub-stations are required to support an infrastructure of car charging points and the incentive to nearby homes is expected to be announced in Wednesday’s Autumn Statement.

The BBC quoted a Treasury spokesperson saying: “By speeding up the planning system – including the rollout of electric vehicle charge-points – we will be tackling one of the most common issues raised by businesses who are keen to invest in the UK.”

The department declined to say who would be paying for the discounts, or offer any information on how close houses would have to be to qualify for the maximum discount. There was also no clarity about who would receive the incentive if the property owner and the occupier were not the same.

Earlier this year a government-commissioned report recommended the idea of smoothing the path for the building of new large pylons by handing over cash to those who would be affected.

Nick Winser, the former chief executive of the National Grid, said a radical solution was needed to streamline the planning process and his report said people living near newly-built transmission pylons, the larger lines that connect electricity from where it is generated to regional substations, should get lump sum payments.

He pointed out that the cost of compensation would be lower than building cables underground and much cheaper than resorting to offshore cables.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Citra Living, part of Lloyds Banking Group, is launching 40...
Landlords and managing agents with responsibility for residential properties in...
Respected business consultancy Cornwall Insight is forecasting another sharp rise...
Growing numbers of tenants are feeling less confident at being...
The tenant was in hospital when he was evicted illegally...
The most vulnerable tenants may pay the highest price...
The controversial proposal is backed by the Welsh Government...
Recommended for you
Latest Features
The courts will have to handle a significant increase in...
Taxes and spending cuts are set to be on the...
The Spring Statement comes up this Wednesday...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here