AER - Energex distribution determination - 2018-19 return on debt update - PTRM - March 2018

In line with our final decision on Energex’s electricity distribution network, we have updated Energex’s return on debt for 2018–19 under NER cl  6.5.2(l).

As a result of this update, the return on debt for 2018–19 is 5.02 per cent. This results in an X-factor for 2018–19 of 5.26 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.