AER - ElectraNet 2018-23 - Post-tax revenue model - 2022-23 return on debt update (incl contingent projects) - March 2022

In line with our final decision on Electranet's electricity transmission network, we have updated Electranet's return on debt for 2022-23. As a result of this update, the return on debt for 2022-23 is 4.09 per cent. This results in an X-factor for 2022-23 of -4.73 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.