UK Households Near New Power Infrastructure to Receive Energy Bill Discounts
Labour's new planning bill proposes up to £250 annual savings for residents near pylons and substations to accelerate renewable energy projects.
- Households within 0.5 km of new or upgraded power infrastructure could save up to £2,500 over 10 years through energy bill discounts.
- The initiative is part of Labour's Planning and Infrastructure Bill, aiming to speed up renewable energy development and reduce opposition to projects.
- Community funds of up to £200,000 per km of overhead cables and £530,000 per substation will also support local projects like sports facilities and youth centers.
- The bill seeks to streamline planning processes by limiting consultations with certain statutory bodies and expediting environmental regulator decisions.
- Labour leaders emphasize the plan's role in achieving net-zero energy goals by 2030 and addressing the UK’s energy security and economic growth.