Energex announces $15.4 million Parkwood substation
Electricity supplier Energex has announced a new $15.3 million substation that will provide services to around 6,000 homes and businesses, including the new Gold Coast University Hospital.
Energex unveiled the plans for the new sustation, whjich will provide the required electricity to run the new hospital when it opens as well as meeting the residential and commercial demand in the Parkwood area and surrounding suburbs.
Energex South Coast Asset Manager Gary Madigan said electricity use is expected to double in the next six years.
“The northern Gold Coast suburbs have experienced tremendous growth in recent times and with this development comes the need for upgraded electrical infrastructure,” he said.
“Domestic power use – especially at peak times – has risen on average around 50 to 70 per cent in the past 10 years due in the main to a rapid take up of electricity hungry lifestyle products such as affordable home air-conditioning, larger televisions and other energy intensive household products.
Along with the new substation, upgrades will also be made to the underground and overhead power network in the area, including trenching for new cables along Ashmore Road in Molendinar and to the powerlines which cross the Smith Street Motorway.