Is £250 off your yearly energy bill worth living near a pylon?

Countryside

Property expert weighs in on whether £250 off your annual energy bill is worth living near a pylon

 A recent government announcement has promised that people living within 500 metres of new electricity pylons will be compensated with £250 off their energy bills each year. This is part of their plan to build thousands more pylons to make the UK’s energy generation system 95% carbon-free by 2030.  

While an extra £250 per month is an attractive saving for everybody, many potential homebuyers are hesitant about moving near a pylon. Luckily, house buying experts at housebuyers4u have weighed up the advantages and disadvantages to reveal whether the annual saving is worth it.  

Advantages of living near a pylon 

The obvious advantage of living near a pylon is the £250 annual saving. However, in addition to this, property prices close to pylons are generally lower due to their location, meaning you may be able to buy a larger property for a lower price. This is especially advantageous for first time buyers, who may be working with a smaller budget.  

Disadvantages of living near a pylon 

On the flip side of securing a property for a lower price, it may be more difficult to sell a house close to a pylon should you choose to do so in the future.  

Pylons also affect the aesthetics of an area. Many people don’t want to live near one simply because of how they look. It is down to personal preference whether or not this would be a dealbreaker.  

Another common concern people have about living near a pylon is potential health risks. However, most studies have found that there is no link between electricity pylons and any health issues, meaning they are unlikely to be harmful. Despite this, if people have this perception, it can make living close to a pylon quite unappealing.  

Is the £250 annual saving worth it? 

Whether or not you choose to buy a home close to a pylon is completely down to personal preference and circumstances. For budget-focused buyers, living near a pylon may be an attractive option as it can bring savings in both property price and energy costs. 

However, reduced property value and difficulty reselling, as well as aesthetic flaws, could impact your decision.  

Ultimately, if you are planning to stay in your home for a long time or you aren’t bothered by the presence of a pylon, the financial benefits could significantly outweigh the negatives. 

 Paul Gibbens, property expert at housebuyers4u, has commented,  

“Choosing to live near a pylon could be a smart financial move for people who want to prioritise saving money. For many people, an extra £250 per year in disposable income will be a great incentive.  

“As plans to build more pylons across the UK go ahead in the coming months and years, living near one is definitely worth considering, especially for first-time buyers.” 

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Rightmove logo
Breaking News

Ten years on: More first-time buyers moving to cities while the coast stands still

New ten-year analysis of the property market shows that more first-time buyers are looking to move to cities, while the coast has seen no growth in new buyers First-time buyer demand to move to Great Britain’s 50 largest cities (excluding London) is up by 16% on average over the last ten years, with Dundee topping…
Read More
Breaking News

Homeowners in England and Wales overvalue their properties by an average of 16%

Homeowners in England and Wales are overestimating the value of their property by an average of 16%, according to new figures. Data from Quick Move Now compares homeowner estimates with formal estate agent valuations and is broken down by both region and property type. Overall, homeowners overvalue in every single category.   Regional breakdown Region…
Read More
Visual blemishes on Roads due to service upgrades
Estate Agent Talk

Emergency Sidewalk Repairs: When to Act and Who to Call

Sidewalks are the unsung heroes of city infrastructure—quietly assisting tens of millions of footsteps every day. But when they crack, disintegrate, or shift all of sudden, they might quickly turn out to be volatile liabilities. In a town like New York, in which pedestrian site visitors are constant and belongings proprietors are legally chargeable for…
Read More
Breaking News

Reapit report reveals agents’ long-term market confidence amid legislative challenges

Despite the significant challenges posed by a shifting economic landscape and the largest wave of housing legislation in decades, estate and letting agents remain steadfast in their confidence about their long-term future in the industry. According to the first Reapit Property Outlook Report 2025, covering the full breadth of sales and lettings agency opinion countrywide,…
Read More
Breaking News

Owner-Occupiers Drive Resilient Commercial Property Market

Buying Becomes 37% Cheaper Than Renting The latest Commercial Property Demand Index from specialist property finance expert, Rangewell, reveals that while investor appetite across the sector held steady in Q2, strong levels of owner-occupied commercial mortgage activity are helping drive market performance, as business owners increasingly move from renting to buying their long-term premises for…
Read More
Breaking News

One year of Labour: Property market performance review

Investors left waiting for planning reform and incentives but majority plan to increase real estate allocation   Biggest failures: Lack of incentives for developers and investors, and ineffective planning reform Top priorities: Planning reform, tax incentives, and attracting international capital Where opportunities lie: Data centres, warehousing & logistics, and later-life housing Real estate debt is…
Read More