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<br />electric rate' of any individual cuAmer or class of <br />I <br />customers. <br /> statement of Facts <br />As a result of the final order in Docket No. 6765, the <br />Commission completed a final reconciliation of all reconcilable <br />fuel costs, except coal costs, incurred by HL&P from August 1, <br />1984 through April 30, 1986. Reconcilable coal costs were to <br />be considered in a separate proceeding, Docket No. 6963. (See <br />Docket No. 6765 Examiners' Report, Conclusion of Law No. 28. ) <br />Thereafter, the C~~ission in Docket No. 6963 determined that <br />HL&P should be permitted to reconcile the long term coal <br />contract component of the Company's reconcilable fuel costs for <br />the period from August 1, 1984 through December 31, 1987. The <br />final order in Docket No. 6963 also ordered that all other coal <br />costs would be reconciled through March 31, 1986. While the <br />reconciliation of all coal costs considered in Docket No. 6963 <br />would be made based on the actual cost of coal purchased as <br />reflected in the books and records of HL&P (see Docket No. 6963 <br />Order of May 16, 1988, Conclusion of Law No. 6), review of <br />these books and records was deferred. HL&P's reconcilable fuel <br />cost underrecovery balance through September 30, 1988 is $29.86 <br />million plus accumulated interest of $2.95 million, which <br />amounts to a total underrecovery balance of approximately <br />$32.81 million. <br />GWS005SG - 2 - <br />