In line with our final decision on APTPPL's gas transmission system, we have updated APTPPL'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 4.62 per cent. This results in an X-factor for 2018–19 of 2.52 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 APTPPL's gas transmission network, we have updated APTPPL'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 4.58 per cent. This results in an X-factor for 2019–20 of 2.70 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 APTPPL's gas transmission network, we have updated APTPPL's return on debt for 2020-21.
As a result of this update, the return on debt for 2020-21 is 4.41 per cent. This results in an X-factor for 2020-21 of 8.29 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 20 May 2020, APTPPL applied to the AER under clause 65 of the National Gas Rules (NGR) for approval to vary the terms of the Roma to Brisbane Pipeline’s 2017–22 gas access arrangement. The variation requested by APTPPL relates to the annual reference tariff adjustment formula. The AER approved the variation requested by APTPPL on 16 June 2020.
In line with our final decision on APTPPL's gas transmission network, we have updated APTPPL's return on debt for 2021-22. As a result of this update, the return on debt for 2021-22 is 4.23 per cent. This results in an X-factor for 2021-22 of 11.28 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.