In line with our final decision on Power and Water Corporation's electricity distribution network, we have updated Power and Water Corporation's return on debt for 2020–21. As a result of this update, the return on debt for 2020–21 is 4.10 per cent. This results in an X-factor for 2020–21 of -0.88 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.

In line with our final decision on Power and Water Corporation's electricity transmission network, we have updated Power and Water Corporation's return on debt for 2021–22. As a result of this update, the return on debt for 2021–22 is 3.93 per cent. This results in an X-factor for 2021–22 of -0.59 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.

In line with our final decision on Power and Water Corporation's electricity distribution network, we have updated Power and Water Corporation's return on debt for 2022–23. As a result of this update, the return on debt for 2022–23 is 3.82 per cent. This results in an X-factor for 2022–23 of -0.13 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.

In line with our final decision on PWC's electricity distribution network, we have updated PWC's return on debt for 2023–24. As a result of this update, the return on debt for 2023–24 is 4.02 per cent. This results in an X-factor for 2023–24 of -0.13 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.