Update - Return on debt for 2017
Back to topIn line with our final decision on CitiPower’s electricity distribution network, we have updated CitiPower’s return on debt for 2017 under NER cl 6.5.2(l).
As a result of this update, the return on debt for 2017 is 5.41 per cent. This results in an X-factor for 2017 of 0.40 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.
| Documents (1) | Author |
|---|---|
| AER - CitiPower distribution determination - 2017 return on debt update - PTRM - September 2016 ( XLSM 2.29 MB ) | AER |
Update - Return on debt for 2018
Back to topIn line with our final decision on CitiPower's electricity distribution network, we have updated CitiPower's return on debt for 2018 under NER cl 6.5.2(l).
As a result of this update, the return on debt for 2018 is 5.33 per cent. This results in an X-factor for 2018 of -0.05 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.
| Documents (1) | Author |
|---|---|
| AER - CitiPower distribution determination - 2018 return on debt update - PTRM - September 2017 ( XLSM 2.29 MB ) | AER |
Update - Revocation and Substitution
Back to topOn 15 December 2017 the AER wrote to CitiPower setting out how it proposed to correct a mathematical error in the inflation calculation in its 26 May 2016 decision.
Subject to considering submissions on our proposed correction, the AER is proposing to revoke the 26 May 2016 determination and substitute it with a new determination to correct the identified error under clause 6.13 of the NER by no later than 1 March 2018.
| Documents (1) | Author |
|---|---|
| AER: Letter to Citipower of proposed Revocation and Substitution due to inflation correction ( PDF 79.1 KB ) | AER |
Update - Return on debt for 2019
Back to topIn line with our final decision on CitiPower's electricity distribution network, we have updated CitiPower's return on debt for 2019 under NER cl. 6.5.2(l).
As a result of this update, the return on debt for 2019 is 5.23 per cent. This results in an X-factor for 2019 of –0.12 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.
| Documents (1) | Author |
|---|---|
| AER - CitiPower distribution determination - 2019 return on debt update - PTRM - September 2018 ( XLSM 2.09 MB ) | CitiPower |
Update - Return on debt for 2020
Back to topIn line with our final decision on CitiPower's electricity distribution network, we have updated CitiPower's return on debt for 2020 under NER cl. 6.5.2(l).
As a result of this update, the return on debt for 2020 is 4.98 per cent. This results in an X-factor for 2020 of –1.88 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.
| Documents (1) | Author |
|---|---|
| AER - CitiPower distribution determination - 2020 return on debt update - PTRM - September 2019 ( XLSM 2.1 MB ) | AER |