AER - Endeavour Energy 2019-24 - Post-tax revenue model - 2020-21 return on debt update - March 2020

In line with our final decision on Endeavour Energy's electricity distribution network, we have updated Endeavour Energy's return on debt for 2020–21. As a result of this update, the return on debt for 2020–21 is 5.28 per cent. This results in an X-factor for 2020–21 of 3.30 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.