Strategic Benefit Payments Scheme policy paper

To facilitate the timely delivery of a modern electricity grid for NSW that benefits both consumers and communities, the NSW Government is establishing a Strategic Benefit Payments Scheme (SBP Scheme) for new major transmission projects.

Under the SBP Scheme, private landowners in NSW will receive annual payments for hosting certain infrastructure associated with new major high-voltage transmission projects that are critical to the energy transformation and the future of the energy grid on their land for a period of 20 years.  

This includes Renewable Energy Zone network infrastructure projects, priority transmission projects and other transmission projects identified in the Australian Energy Market Operator’s Integrated System Plan. The payments are a set rate of $200,000 (in real 2022 dollars) per kilometre of transmission hosted, paid out in annual instalments over 20 years.  

Download the Strategic Benefit Payments Scheme policy paper.

Download the Strategic Benefit Payments Scheme overview.

For more information, visit Strategic Benefits Payment Scheme.