Option for Easement process
How does this relate to the landholder payments announced by the Victorian Government recently?
On 24 February 2023, the Victorian Government announced additional payments for landholders hosting new transmission easements. The new payments will be in addition to the compensation and payments outlined in this document and as required under the Land Acquisition and Compensation Act 1986 (Vic).
The payments are intended to recognise the important role that landholders play in hosting critical transmission infrastructure, to connect renewable energy into the grid. For a standard transmission easement area, the payment rate will be $8,000 per year per kilometre of new transmission easement hosted, for 25 years. More information about these payments will be provided when available.