Rates 1

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1 point

Customers in the north pricing territory are likely to see increases from both the three-year rate increase phase-in and 10-year equalization.

True

False

1 point

The average annual interim rate increase is 3.6 percent and the increase in the basic service charge is not part of the 3.6 percent.

True

False

1 point

Energy Cost Adjustment clause is a new clause but not a new charge.

True

False

1 point

Electricity prices across the U.S. will increase over the next decade, primarily due

environmental regulations

all of the above

increasing electricity use by customers

fuel and fuel transportation costs

1 point

Rate equalization increases MidAmerican Energy’s revenue.

True

False

1 point

For customers in the east pricing zone, the base increase will cause their rates to go up and the equalization factor will cause them to fall.

True

False

1 point

Starting August 15, 2013 with bill Group 12 the Basic Service Charge will see an increase of approximately ??? percent across the board for all customer rate classes and zones.

3.6%

10%

1 point

Rate equalization refers to charging all customers with similar equipment and usage patterns the same rate regardless of where they live or do business in MidAmerican Energy’s service territory.

True

False

1 point

MEC is requesting an increase in electric rates to reflect the current costs of providing safe and reliable electric service to homes and businesses.

True

False

10.

1 point

Energy Cost Adjustment clause allows MidAmerican Energy to make monthly adjustments .......

for wind expansion projects

to reflect fuel, generation and supply costs as they occur

to recover forecasted transmission improvement costs

11.

1 point

A full rate case is required to equalize rates; MidAmerican Energy has not filed a full elecrtic base rate, until now, since the merger

True

False

12.

1 point

MidAmerican Energy Company has not raised Iowa base electric rates since 1995.

True

False

13.

1 point

Transmission Cost Adjustment clause is a new clause and a new charge.

True

False

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