AER - United Energy distribution PTRM - 2023–24 Return on debt update - March 2023

In line with our final decision on United Energy's electricity distribution network, we have updated United Energy's return on debt for 2023–24. As a result of this update, the return on debt for 2023–24 is 4.48 per cent. This results in an X-factor for 2023–24 of 0.79 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.