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Dominion Virginia Power is beginning an estimated $2 billion program to place about 4,000 miles of historically outage-prone electric power lines underground by 2026.
The developer may then pass those costs to home buyers who purchase property fed by underground power lines. For example, in an Orlando, Fla., neighborhood, each home buyer must pay an additional $15,000 as his or her share of the costs for underground power service.ccording to the May 2011 paper Underground Electric Transmission Lines published by the Public Service Commission of Wisconsin, The estimated cost for constructing underground transmission lines ranges from 4 to 14 times more expensive than overhead lines of the same voltage and same distance.