Transmission Delays to Add $1,100 to NSW Electricity Bills: Nexa Advisory

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. Australia’s energy transition will need updates to this transmission network to accommodate new capacity from renewable energy. Research from Nexa Advisory said the cost of delays could impact electricity costs. “Our report reveals that delays in building energy transmission infrastructure will lead to higher electricity bills for households and businesses, compromise energy reliability and jeopardise emissions reduction targets,” the advisory said....