AER - Evoenergy access arrangement 2021-26 - PTRM - 2022-23 Return on debt update - December 2021

In line with our final decision on Evoenergy's gas distribution network, we have updated Evoenergy's return on debt for 2022-23. As a result of this update, the return on debt for 2022-23 is 4.41 per cent. This results in an X-factor for 2022-23 of -2.15 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.