AER - Energex distribution determination - 2016-17 return on debt update - PTRM - June 2016

In line with our final decision on Energex’s electricity distribution network, we have updated Energex’s 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 5.06 per cent. This results in an X-factor for 2016–17 of –2.09 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.