AER - Powerlink 2017-22 - Post tax revenue model - 2019-20 return on debt update - January 2019

In line with our final decision on Powerlink's electricity transmission network, we have updated Powerlink's return on debt for 2019-20 under NER cl. 6A.6.2(l). As a result of this update, the return on debt for 2019-20 is 5.00 per cent. This results in an X-factor for 2019-20 of 0.36 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.