1 The NEC National Electrical Code does not specify a minimum height for a service meter, however the typical minimum height for mounting a service meter on side of a house is 5 to 6 feet above the finished grade or level ground.
Historically, in North American banking, the prime rate was the actual interest rate, although this is no longer the case. The prime rate varies little among banks and adjustments are generally made by banks at the same time, although this does not happen frequently. The prime rate is currently 3.25% in the United States and 2.85% in Canada.
The Prime Interest Rate is the interest rate charged by banks to their most creditworthy customers (usually the most prominent and stable business customers). The rate is almost always the same amongst major banks. Adjustments to the prime rate are made by banks at the same time; although, the rate does not adjust on any regular basis. The Prime Rate is usually adjusted at the same time and in correlation to the adjustments of the Fed Funds Rate. The graph and chart reported below are based upon the rates on the first day of each respective month over the past decade.