Up to 24 Million Won Compensation for Homeowners Near Transmission and Substation Facilities

Revision of Songju Law
Compensation at 30% of Official Housing Price

Starting from the 4th, residents living in houses near transmission and substation facilities can apply for compensation of up to 24 million KRW.

The Ministry of Trade, Industry and Energy announced on the 2nd that, following the amendment of the Act on Compensation and Support for Areas Surrounding Transmission and Substation Facilities, residents who cannot request house purchase from Korea Electric Power Corporation can now apply for financial support to improve their residential environment.

The government is already implementing a house purchase project as compensation for residential and landscape impacts caused by transmission and substation facilities under the current Transmission Line Act. However, due to financial constraints or personal reasons such as maintaining farming, many find it difficult to relocate, resulting in a low claim rate of 13% of eligible houses. The Ministry of Trade, Industry and Energy explained, "Residents who do not request house purchase receive no separate compensation, forcing them to endure damages and inconveniences caused by the construction of transmission lines."

Support is available for residential houses located within a certain distance from the outermost wire of the transmission tower. For transmission lines with a voltage of 345kV, the compensation range is within 60 meters; for 500kV, within 100 meters; and for 765kV, within 180 meters.

The support amount is calculated by multiplying 30% of the publicly announced housing price of a detached or apartment house. Accordingly, residents who find it difficult to request house purchase can use 12 million to 24 million KRW for residential environment improvement costs such as house renovation.

Lee Ho-hyun, Director of the Power Policy Bureau at the Ministry of Trade, Industry and Energy, stated, "This amendment to the Transmission Line Act is part of institutional improvements to enhance the acceptance of transmission and substation facility construction," adding, "We will continue to support timely construction of transmission and substation facilities through ongoing institutional improvements."

Scope of Claims by Compensation Type. Source=Ministry of Trade, Industry and Energy

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