In line with our final decision on ActewAGL’s gas distribution network, we have updated ActewAGL’s return on debt for 2017–18 under NGR r. 87(12).
As a result of this update, the return on debt for 2017–18 is 5.28 per cent. This results in an X-factor for 2017–18 of –1.48 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.
On 15 December 2017 the AER wrote to ActewAGL setting out how it proposed to correct a mathematical error in the inflation calculation in its 26 May 2016 decision.
Subject to considering submissions on our proposed correction, the AER is proposing to revoke the 26 May 2016 access arrangement and substitute it with a new access arrangement to correct the identified error under clause 68 of the NGR by no later than 1 March 2018.
In line with our final decision on Evoenergy’s (ActewAGL) gas distribution network, we have updated Evoenergy’s return on debt for 2018–19 under NGR r. 87(12).
As a result of this update, the return on debt for 2018–19 is 5.19 per cent. This results in an X-factor for 2018–19 of –1.26 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 EvoEnergy's gas distribution network, we have updated EvoEnergy's return on debt for 2019-20 under NGR r. 87(12).
As a result of this update, the return on debt for 2019-20 is 5.13 per cent. This results in an X-factor for 2019-20 of 0.75 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.
On 25 June 2019, Evoenergy applied to the AER under clause 65(1) of the National Gas Rules (NGR) for approval to vary the terms of Evoenergy's 2016-21 gas access arrangement. The variation requested by Evoenergy relates to changes to the definition of gas day in the NGR. The AER approved the variation requested by Evoenergy on 12 July 2019.
In line with our final decision on Evoenergy's gas distribution network, we have updated Evoenergy's return on debt for 2020-21.
As a result of this update, the return on debt for 2020-21 is 4.91 per cent. This results in an X-factor for 2020-21 of -2.44 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.