Maybe yours is "the only way to explain the observed expansion..." within the confines of big bang theory, but if you free yourself from that straight jacket, other possibility may open up.
"Open universe" is usually used in the sense of expanding for ever because of insufficient gravity. You seem to be saying, "open", in the sense that there are inputs and outputs from outside our universe.
In the thermodynamic sense, a finite universe is usually presumed to be closed; so the entropy of the universe is "obviously" increasing. I believe the thermodynamic closure of a static infinite universe is indeterminate. An expanding universe, whether finite or infinite, has an input of new space which makes it open in the thermodynamic sense.
Where that new space comes from probably can never be answered to a scientific certainty. Whether it comes from another universe, from an invisible source in our universe or from God, it would be an establishment of religion for the government to take a stand on this issue.
I have my own Fractal Foam Model of Universes, which offers a novel explanation of expansion and dark energy. The cosmic foam of our universe is the ether foam of a super-universe, and the ether foam of our universe is the cosmic foam of a sub-universe.
Ordinary energy consists of ethereal shear waves moving at the speed of light; dark energy consists of ethereal pressure waves moving at the speed of gravity force (greater than 20 billion c). Exchange of momentum between shear waves and pressure waves causes some shear waves to orbit one another, converting their energy to mass.
The expansion of our space stretches the bubble walls of our cosmic foam (walls of galaxies) until they pop. When a cosmic-foam bubble wall pops, two bubbles become one; that reduces the super-universe by one quantum of space; but time inversion turns that into an increase of one quantum of space. Thus, the expansion of our space and the inversion of time drive the expansion of super-universe space. Similarly, the expansion of sub-universe space and another inversion of time drive the expansion of our space.
When a cosmic-foam bubble wall pops, pressure waves radiate thru the cosmos. With time inversion, those pressure waves in the super-universe converge, causing the bubble wall to un-pop. (This puts a new twist on the question of whether cause preceeds effect. It also adds credence to multiple universes in the same place, time and scale.) Likewise, the pressure waves in our ether converge, causing an ether-foam bubble to un-pop, and generating a quantum of new space in our universe. Therefor, ethereal pressure waves perform the role of dark energy.
Every second, in every cubic meter of our ether, about 10^52 quanta of new space are created, averaging approximately 10^-105 cubic meter each.