AER - Letter to Power and Water Corporation - Opex productivity growth forecast review final decision - 18 March 2019

On 8 March 2019, we published our final decision paper for our operating expenditure productivity growth forecast review. We decided that a 0.5 per cent annual operating expenditure productivity growth reflects a reasonable forecast of the productivity gains a prudent and efficient distributor can make.

As flagged in our draft and final decision papers of that review, we propose to adopt this operating expenditure productivity growth forecast when making our final decisions for Power and Water Corporation's 2019-24 distribution determination.