AER - Energex distribution determination 2020–25 - PTRM - 2021–22 RoD update - March 2021

In line with our final decision on Energex's electricity distribution network, we have updated Energex's return on debt for 2021–22. As a result of this update, the return on debt for 2021–22 is 4.49 per cent. This results in an X-factor for 2021–22 of 1.65 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.