AER - Australian Gas Networks (SA) - Post-tax revenue model - 2020-21 return on debt update - March 2020

In line with our final decision on Australian Gas Networks' gas distribution network, we have updated Australian Gas Networks' return on debt for 2020-21.

As a result of this update, the return on debt for 2020-21 is 4.98 per cent. This results in an X-factor for 2020-21 of -2.32 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.