In a move aimed at garnering public support for essential infrastructure upgrades, Chancellor Jeremy Hunt is set to unveil a plan offering households living in proximity to new pylons and electricity substations up to £1,000 off their annual energy bills for ten years.
The initiative, slated to be announced in the Autumn Statement, seeks to encourage local backing for developments crucial for the expansion of electric vehicle charging infrastructure.
The specific details, such as the number of households eligible for the full discount and the proximity required for qualification, remain undisclosed at this stage.
The Chancellor is finalising the Autumn Statement, outlining government spending priorities in the lead-up to the upcoming general election.
The Treasury confirmed that the pounds-for-pylons initiative would be a key component of the statement.