AER - Directlink 2020-25 - Transmission post tax revenue model - 2021-22 RoD update - March 2021

In line with our final decision on Directlink's electricity transmission network, we have updated Directlink's return on debt for 2021–22. As a result of this update, the return on debt for 2021–22 is 4.19 per cent. This results in an X-factor for 2021–22 of -1.51 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.