AER - Directlink 2020–25 - Transmission post tax revenue model - 2023–24 RoD update - March 2023

In line with our final decision on Directlink's electricity transmission network, we have updated Directlink's return on debt for 2023–24. As a result of this update, the return on debt for 2023–24 is 4.33 per cent. This results in an X-factor for 2023–24 of -2.86 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.