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TransGrid 2014-18 - AER revocation and substitution of final decision - PTRM - 2017-18 RoD update

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Update - Return on debt for 2017-18

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In line with our final decision on TransGrid’s electricity transmission network, we have updated TransGrid’s return on debt for 2017–18 under NER cl 6A.6.2(l).

As a result of this update, the return on debt for 2017–18 is 6.20 per cent. This results in an X-factor for 2017–18 of 3.94 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.

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AER

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