AER - Ergon Energy distribution determination 2020-25 - PTRM - 2022-23 RoD update - March 2022

In line with our final decision on Ergon Energy's electricity distribution network, we have updated Ergon Energy's return on debt for 2022–23. As a result of this update, the return on debt for 2022–23 is 4.38 per cent. This results in an X-factor for 2022–23 of 1.84 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.