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<br />. <br /> <br />e <br /> <br />in paragraph IX.A shall be included as part of HL&P's cost of service as "operating expenses" <br /> <br />for purposes of each earnings monitoring evaluation and any Section 42 proceeding initiated to <br /> <br /> <br />modify HL&P's rates. Except for correction of mathematical errors. the Signatories agree that <br /> <br /> <br />no portion of such amortization amounts may be removed from HL&P's cost of service during <br /> <br /> <br />that time-frame. In any future Section 43 rate increase proceeding (including but not limited to <br /> <br />a Section 43 filing in response to a Section 42 proceeding). all Signatories shall be free to propose <br /> <br />or contest inclusion of such amortization amounts in HL&P's cost of service or inclusion of <br /> <br />unamortized amounts in rate base. Any treatment or assumed treatment of the Malakoff and <br /> <br />Trinity amortization amounts or of the unatnortized Malakoff and Trinity costs under this <br /> <br /> <br />Agreement shall not have any precedential value for putposes of d~tennining how such amounts <br />should be treated in such future Section 43 proceedings. <br />ARTICLE X. <br /> <br />STP Deferrals <br />A. In Docket No. 8425, the Commission authorized 1UAP to defer certain STP <br />Unit 1 costs under a phase-in plan (Qualified Deferrals) and in Docket Nos. 8230, 8425, and 9010 <br />authorized HL&P to use deferred accounting for certain other STP Unit 1 and 2 costs incurred <br />between the dates those units went into commercial operation and the date the costs of the units <br />were reflected in rate base '(Accounting Deferrals) (the Qualified Deferrals and Accounting <br />Deferrals are referred to jointly as "STP Deferrals"). <br />In any future earnings monitoring evaluation or Section 42 proceeding, whether <br />during or after the Rate Cap Period, and in any future Section 43 base rate increase proceeding, <br /> <br />HOUOJ:9l1046 <br /> <br />-22- <br />