WACC Methodology 2017

Final Report – Estimating Equity Beta for the Weighted Average Cost of Capital – August 2020

Blank excel template file read by the R model source code

Equity Beta model R source code – Final Report

Draft Report - Estimating Equity Beta for the Weighted Average Cost of Capital - March 2020

This spreadsheet contains the Thomson Reuters company codes and exchanges for the 228 water utilities we used in our equity beta analysis for water. Note that this file contains no market data.

This spreadsheet contains the Thomson Reuters codes for risk-free rates and market returns in each of the countries where we downloaded data. Note that this file contains no market data.

Equity Beta R model source code

Blank excel template file requested by the R model source code

To assist stakeholders preparing submissions on the Equity Beta method, we are making a copy of the R language source code available, subject to the terms of this disclaimer.

You can understand the detailed steps in our Equity Beta method by reading this source code.

If you wish to run the source code on your own computer system, please note that you will need to:
• Have your own Thomson Reuters Datastream licence
• Have sufficient R skills to load, troubleshoot, and run the R code
• Insert into this code your own Datastream username and password (in places highlighted in yellow)
• Insert into this code your own directory path for their working files on their own system (also highlighted in yellow).

For copyright reasons, IPART is not able to provide Thomson Reuters data to you.

IPART is not able to assist you in getting this source code running on your computer system, if you choose to do that.

If you agree to these conditions, you can download the R source code here

We have published a Fact Sheet and Information Paper on our method of estimating equity beta.

We seek submissions on this method, closing on 24 April 2019.

This Final Report explains our final decisions on the 2018 standard method that we will use to calculate the weighted average cost of capital (WACC) across various reviews from 1 July 2018 onwards.

The Independent Pricing and Regulatory Tribunal (IPART) has published its Final Report on the 2018 standard method that it will use to decide the weighted average cost of capital (WACC) across various reviews from 1 July 2018 onwards.

The Independent Pricing and Regulatory Tribunal (IPART) has reviewed the standard method we use to decide the weighted average cost of capital (WACC). The 2018 standard WACC method will apply from 1 July 2018 onwards.

This Draft Report explains our draft decisions on the standard method that we use to calculate the weighted average cost of capital (WACC) across various reviews.

The Independent Pricing and Regulatory Tribunal (IPART) is seeking feedback on the standard method it uses to decide the weighted average cost of capital (WACC) across various reviews.

This paper explains the context and purpose of the review, outlines our proposed approach, and discusses key issues on which we seek stakeholder comment.

The Independent Pricing and Regulatory Tribunal (IPART) is reviewing the standard method we use to decide the weighted average cost of capital (WACC).

The Independent Pricing and Regulatory Tribunal (IPART) is seeking feedback on the standard method it uses to decide the weighted average cost of capital (WACC) across various reviews.

This Fact Sheet informs stakeholders that in 2017-18 we will review our methodology for setting the weighted average cost of capital (WACC) we use in setting prices for regulated businesses.