Residents are to benefit to the tune of £6,844 from the disposal of low level radioactive waste at King’s Cliffe.
The cash is from Augean, operator of the radioactive waste site on the outskirts of the village, and represents £5 for every tonne dumped at the landfill site.
The figure means 1,368 tonnes of waste were deposited at the site in a year.
It was expected that the funding, which will be paid into a community fund, would be between £10,000 and £20,000 in the first 12 months.
The money will be used for community projects.
Last week the Secretary of State for Communities and Local Government, Eric Pickles, gave permission for the site to be expanded and its operational life to be extended to 2026.
Dr Gene Wilson, Augean’s group technical director, said: “Naturally we are very pleased that the application has been granted consent.”
He said the approval will enable Augean to continue to provide a nationally important facility for the safe and well-regulated treatment and disposal of waste requiring specialist handling.
The application to extend the size and life of the site was opposed by the campaign group WasteWatchers.
Dr Wilson said: “The company is committed to taking part in the life in the local area and strives to be a good neighbour, whether that is participating in a local community liaison group, opening the site to visitors or funding community projects.”