In line with our final decision on Ergon Energy's electricity distribution network, we have updated Ergon Energy's return on debt for 2021–22. As a result of this update, the return on debt for 2021–22 is 4.49 per cent. This results in an X-factor for 2021–22 of 2.04 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 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.

In line with our final decision on Ergon Energy's electricity distribution network, we have updated Ergon Energy's return on debt for 2023–24. As a result of this update, the return on debt for 2023–24 is 4.51 per cent. This results in an X-factor for 2023–24 of 0.71 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 Ergon Energy's electricity distribution network, we have updated Ergon Energy's return on debt for 2024-25. As a result of this update, the return on debt for 2024-25 is 4.60 per cent. This results in an X-factor for 2024-25 of -2.32 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.