The Department of Transportation wants to lease highway and railroad land to private companies for power lines — a plan it says could potentially save Americans on their electricity bills.
Transportation Secretary Sean Duffy announced America’s Great Corridors of Commerce (AGCC) on Aug. 26 in a press release as a way to speed up construction of transmission lines, fiber-optic cables, water lines and pipelines.
The program would reduce infrastructure costs, place “downward pressure on residential user rates,” meaning lower electric bills for households, and generate lease revenue for transportation projects at no additional cost to taxpayers, DOT said in the release and in a request for information (RFI) published Aug. 18.