New South Wales Entices Landowners to Host Transmission Wires With Significant Pay Rise

[Epoch-Times-Bot]

New South Wales Entices Landowners to Host Transmission Wires With Significant Pay Rise

The New South Wales (NSW) government will offer regional landowners hundreds of thousands of dollars to host transmission wires on their properties as part of a plan to further renewable energy developments in the Australian state.
On Oct. 25, the NSW government announced the Strategic Benefit Payments Scheme, which is designed to support the changes in the state’s power grid as it connected to more renewable energy sources.
Under the scheme, the NSW government will pay landowners $200,000 (US$126,000) for each kilometre of transmission wire hosted on their land. The payment will be made in annual instalments over 20 years, indexed to inflation....

Source: New South Wales Entices Landowners to Host Transmission Wires With Significant Pay Rise

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