AER - Ergon Energy distribution determination - 2019-20 return on debt update - PTRM - April 2019

In line with our final decision on Ergon Energy's electricity distribution network, we have updated Ergon Energy's return on debt for 2019–20 under NER cl. 6.5.2(l).

As a result of this update, the return on debt for 2019–20 is 4.97 per cent. This results in an X-factor for 2019–20 of 2.28 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.