In line with our final decision on TasNetworks’ electricity distribution network, we have updated TasNetworks’ return on debt for 2018–19 under NER cl  6.5.2(l).

As a result of this update, the return on debt for 2018–19 is 5.04 per cent. This results in an X-factor for 2018–19 of 0.23 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.