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NORTHERN
RIO ARRIBA ELECTRIC COOPERATIVE, INC.
Residential Service Page 1 of 6 AVAILABILITY: Available only for normal domestic power use to individual residences, individual dwelling units, individual apartments and churches (Chapel, Sanctuary or other structure used primarily for religious worship) within Utility's service area who required less than 50 kVA of transformer capacity. Service under this schedule is not available for master-metered, multiple housing units, business establishments, public buildings, or other buildings such as Bingo Halls, Class Rooms, Wells, etc. Owned or operated by a church that are not used primarily for religious worship. CHARACTER OF SERVICE: Alternating current, 60 Hertz, at available secondary voltages. NET RATE PER BUILDING PERIOD: (or part thereof/service) SYSTEM CHARGE/BILLING PERIOD $15.00(NO kWh allowance) -PLUS- ENERGY CHARGE/KWH $0.0777 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.
NORTHERN
RIO ARRIBA ELECTRIC COOPERATIVE, INC.
Residential Service Page 2 of 6 ANNUAL RATE/YEAR: Upon request of the consumer and for his convenience, provided the consumer has received service from the Utility at the same location for the preceding twelve (12) months, the Utility will render one bill annually payable in advance. The annual prepayment will be based on the consumer's preceding twelve (12) month's usage. The annual rate per year will consist of twelve (12) billing periods. At the end of each billing period, the Utility will read the consumer's meter and will compute the charges for that billing period according to the provisions of this rate schedule, including applicable purchased power, debt cost and tax adjustments. The calculated amount for each billing period will be subtracted from the consumer's prepaid balance. Following the twelve billing period, or the billing period ending in May of each year, whichever occurs earlier, the consumer will be rendered a reconciling bill showing the consumer's amount due to the Utility or credit balance. The bill will also reflect the consumer's following year's prepayment, should the consumer elect to continue under the program, MINIMUM CHARGES: The minimum charges per billing period, or part thereof, per service, shall be the highest of the following: (1) $15.00 System Charge per billing period (no kWh allowance). (2) Minimum charges
established in accordance with Line Extension Policy.
NORTHERN
RIO ARRIBA ELECTRIC COOPERATIVE, INC.
Residential Service Page 3 of 6 MINIMUM CHARGES: (Continued) (3) All consumers requiring more than 10 kVA transformer capacities shall be charged an additional $1.25 per kVA of transformer capacity in excess of 10 kVA for which power usage will be allowed at the foregoing rates. This charge shall be in addition to the $15.00 System Charge. No kWh allowance for the first $15.00. (4) Minimum charges established by special contract between the consumer and the Utility. This charge shall be in addition to the $15.00 System Charge. No kWh allowance for the first $15.00 Any capacity and energy allowance shall be made only during the billing period in which they occurred, unless otherwise specified by contract. 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.
NORTHERN RIO
ARRIBA ELECTRIC COOPERATIVE, INC.
Residential Service Page 4 of 6 DEBT COST ADJUSTMENT: (Continued) cost of service study for 1999, will be used to allocate to each class of service. Allocation factors are as follows:
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 allocation 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 ELECTRIC COOPERATIVE, INC.
Residential Service Page 5 of 6 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) payable by the Utility and levied or assessed by any governmental authority on the public utility service rendered, or on the right or privilege of 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. BUDGET BILLING: Upon the request of the consumer and for his convenience, the Utility will provide budget billing in accordance with the rules and regulations filed by the Utility and approved by the New Mexico Public Regulation Commission.
NORTHERN RIO
ARRIBA ELECTRIC COOPERATIVE, INC.
Residential Service Page 6 of 6 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. CONDITIONS OF SERVICE: (1) The Utility's Rules and Regulations, filed with the New Mexico Public Regulation Commission shall apply. (2) All wiring, pole lines and other electrical equipment on the load 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) Special conditions of service shall be covered by contract.
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