AER - AusNet Services access arrangement - 2022 return on debt update - PTRM - March 2021

In line with our final decision on AusNet Services' gas distribution network, we have updated AusNet Services' return on debt for 2022.

As a result of this update, the return on debt for 2022 is 4.34 per cent. This results in an X-factor for 2022 of 1.90 per cent. Holding other things constant, a positive X-factor implies a real revenue decrease and a negative X-factor implies a real revenue increase.

The revised PTRM shows the updated X-factor.