In line with our final decision on SA Power Networks’ electricity distribution network, we have updated SA Power Networks’ return on debt for 2016–17 under NER cl 6.5.2(l).
As a result of this update, the return on debt for 2016–17 is 5.31 per cent. This results in an X-factor for 2016–17 of –7.13 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.