Transmission Delays to Add $1,100 to NSW Electricity Bills: Nexa Advisory
Nexa Advisory also warns small businesses in NSW could see electricity costs soar by $7,000.
Power transmission lines and wind turbines as seen with the Rocky Mountains in the background near Pincher Creek, Alta., on June 6, 2024. The Canadian Press/Jeff McIntosh
Electricity bills in New South Wales could increase by $1,100 per year due to delays in transmission infrastructure upgrades, according to a new report.
Transmission infrastructure includes high-voltage cables, towers, and transformers that move electricity from coal or wind towers to homes and businesses.
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]