In line with our final decision on Essential Energy's electricity distribution network, we have updated Essential Energy's return on debt for 2020-21.
As a result of this update, the return on debt for 2020-21 is 5.39 per cent. This results in an X-factor for 2020-21 of 1.87 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.