Explanatory statement to the modified rate of return instrument for the six month Victorian extension period – October 2020

On 28 October 2020, we released our final decision on Powercor's electricity distribution determination for the six-month extension variation decision for the 2016-20 regulatory control period.  This variation decision was prepared in parallel to the AER's draft determination that will apply for the 2021–26 regulatory control period, which will now commence 1 July 2021.