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NORTHERN RIO ARRIBA COOPERATIVE, INC. POWER SERVICE Page 1 of 7 AVAILABILITY: Available to large commercial ~r industrial consumers require 50 kVA or more of transformer capacity within the Utility's service area. CHARACTER OF SERVICE: Alternating current, single or three phase, 60 Hertz, at available primary or secondary voltages. NET RATE PER BILLING PERIOD: (or part thereof/service) SYSTEM CHARGE/BILLING PERIOD $30.00 (no kW(h) allowance) -PLUS- ENERGY CHARGE/KWH $0.031 -PLUS- DEMAND CHARGE/KW $14.50
NORTHERN RIO ARRIBA COOPERATIVE, INC. POWER SERVICE Page 2 of 7 NET RATE PER BILLING PERIOD: (or part thereof/service) (Continued) The system charge covers a portion of the customer metering and billing expenses and a portion of the operation and maintenance expenses of the consumer's service equipment. MINIMUM CHARGES: The minimum charges per billing period, or part thereof, per service, shall be the highest of the following: (1) $30.00 System Charge per billing period (no kW(h) allowance). (2) Minimum charges established in accordance with Line Extension Policy. No kW(h) allowance for the first $30~00. (3) 1.25 per kVA of installed transformer capacity plus the $30.00 System Charge, No kW(h) allowance for the first $30.00. (4) Minimum charges established by special Contract between the consumer and the Utility. This charge shall be in addition to the $30.00 System Charge. No kW(h) allowance for the first $30.00. Payment of the minimum charge shall entitle the consumer to system, demand and energy allowances only during the billing period in which they occurred, unless otherwise specified by contract.
NORTHERN RIO ARRIBA COOPERATIVE, INC. POWER SERVICE Page 3 of 7 METERING: The Utility shall install, own, and operate suitable demand and power factor measuring devices for billing under this schedule. BILLING DEMAND: The monthly kW billing demand shall normally be determined by measurement and shall be the highest 15-minute integrated or thermal kW demand but in no event shall it be less than the contracted minimum kW demand, Metering shall normally be at the delivery voltage. POWER FACTOR ADJUSTMENT: The consumer agrees to maintain unity power factor as nearly as practicable. Demand charges will be adjusted to correct for average power factors lower than 95%. Such adjustments will be made by increasing the measured demand 1% for each 1% by which the average power factor is less than 95% lagging.
NORTHERN RIO ARRIBA COOPERATIVE, INC. POWER SERVICE Page 4 of 7 PRIMARY SERVICE: Primary electric service is available only by special contract. Primary service metered at primary voltages the kilowatt-hour consumption shall be metered kWh. For metering at secondary voltages, the kWh billed shall be the metered kWh plus 5% (x 1.05) to allow for transformer losses. DEBT COST ADJUSTMENT: Billing under this schedule may be increased or decreased by an amount in the cost of debt capital incurred pursuant to securities, the issuance of which has been approved by the New Mexico Public Regulation Commission ("Commission"), of the debt cost utilized to establish these rates. The base cost of debt capital is $282,889 as determined by an annualized year-end 2003 study. The applicable debt cost expense shall be determined every calendar quarter by adding the actual changes in the base cost to or, as the case may be, subtracting these changes from the actual cost of new debt under securities approved by the Commission and incurred after the end of the period used to determine the Base Cost. In accordance with Rule 540, demand allocation factors, based upon the Cooperative's current rates as established in the annualized cost of service study for 1999, will be used to allocate to each class of service. These allocation factors are as follows:
NORTHERN RIO ARRIBA COOPERATIVE, INC. POWER SERVICE Page 5 of 7 DEBT COST ADJUSTMENT: (Continued)
The Debt Cost Adjustment amount will be allocated to each class of consumers for the next succeeding calendar quarter by multiplying the applicable debt cost expense by the demand allocate on factors. The distribution of the Debt Cost Adjustment amount among the consumers within each class of service will be based on kWh sales. FUEL & PURCHASED POWER COST ADJUSTMENT: The Utility shall, if the purchased power expense is increased or decreased above or below the base fuel and purchased power cost of $0.05106/kWh sold, flow through to the users such increases or decreases~ in accordance with New Mexico Public Regulation Commission Rule No. 550 (17.9.550 NMAC).
NORTHERN RIO ARRIBA COOPERATIVE, INC. POWER SERVICE Page 6 of 7 TAX ADJUSTMENT: Billing under this schedule may be increased by an amount equal to the sum of the taxes payable under the Gross Receipts and Compensating Tax Act and of all other taxes, fees, or charges (exclusive of Ad Val Orem, State and Federal Income Taxes) public utility service rendering the service, or on any object or event incidental to the rendition of the service. TERMS OF PAYMENT: All bills are due and payable in full within 20 days of the bill rendition date. BILLING PERIOD: The billing period shall be approximately 1/12 of a year but not necessarily a calendar month. TEMPORARY OR UNUSUAL SERVICE: Temporary or unusual service will be covered by the Utility's Rules and Regulations. In such cases, the minimum charges, conditions of furnishing substation equipment, connection and disconnection of service and special conditions will be covered by special agreement with the customer. the customer shall pay for all expenses involved in furnishing temporary service.
NORTHERN RIO ARRIBA COOPERATIVE, INC. POWER SERVICE Page 7 of 7 CONDITIONS OF SERVICE: (1) The Utility's Rules and Regulations, flied with the New Mexico Public Regulation Commission shall apply. (2) All wiring, pole lines and other electrical equipment on the road side of the metering point shall be considered the distribution system of the consumer and shall be furnished and maintained by the consumer. (3) The consumer's installation shall conform to City, State and National Electrical Codes and Electrical Safety Codes. (4) The consumer shall not resell or share electric service with others. (5) Service will be rendered under this schedule for an initial contract period of not less than 12 months or per special contract. (6) Special conditions of service shall be
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