AER - Jemena distribution determination - 2018 return on debt update - PTRM - SCS (PUBLIC) - September 2017

In line with our final decision on Jemena's electricity distribution network, we have updated Jemena's return on debt for 2018 under NER cl  6.5.2(l).

As a result of this update, the return on debt for 2018 is 5.43 per cent. This results in an X-factor for 2018 of 0.27 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.