Overview

Update - Return on debt for 2022–23

In line with our final decision on Powercor's electricity distribution network, we have updated Powercor's return on debt for 2022–23. As a result of this update, the return on debt for 2022–23 is 4.37 per cent. This results in an X-factor for 2022–23 of -0.08 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.

Update - Cost pass through - Increase to minimum wood pole interventions

On 29 August 2022, the AER released its decision on a positive cost pass through application received from Powercor. The application relates to the new regulatory obligation to replace or reinforce wood poles between 1 January 2022 to 31 December 2026.

Update - Return on debt for 2023–24

In line with our final decision on Powercor's electricity distribution network, we have updated Powercor's return on debt for 2023–24. As a result of this update, the return on debt for 2023–24 is 4.45 per cent. This results in an X-factor for 2023–24 of -1.07 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.