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.
Definition: The prime interest rate is what U.S. banks charge their best customers. It's usually the best loan rate available to non-banks. It's also called the prime lending rate, the prime rate, or even just prime. Banks base the prime rate on the federal funds rate. That's the rate banks charge each other for special overnight loans. They borrow fed funds from each other to fulfill the Federal reserve requirement each night. For example, o December 15, 2016 the Federal Open Market Committee raised this rate to 0.75 percent.