Rates are effective September 15, 2018
The Louisiana Public Service Commission is requiring South Coast Gas to reduce rates to give back the tax savings as a result of the Tax Cuts and Jobs Act. South Coast Gas will reduce its customer charge and rates for the billing months of September through December 2018. South Coast Gas rates consist of four components. The Louisiana Public Service Commission regulates all four components.
- The first is the customer charge. The current customer charge for residential customers is $11.08 per month. The current customer charge for small commercial customers is $7.71 per month.
- The second component of the rate is the allowed rate on the volume of gas used. The current rate allowed for residential customers is $.23389 per 10 cubic feet (the volume registered on South Coast meters). The current rate allowed for small commercial customers is $.29325 per 10 cubic feet.
- The third component is the purchased gas adjustment (PGA). The PGA is the average cost of the gas on a monthly basis. The items that go into this cost is strictly monitored by the LPSC. The current month’s PGA is $.54025
- The final component is the customer surcharge. The LPSC allowed us to put a surcharge of $0.52 per bill for a five year period to replace outdated equipment. The surcharge ends after September 2018.
To calculate this month’s residential bill:
Multiply your consumption by (.23389 + .54025), then add $11.08 and $.52.
A consumption of 13 would equal a bill of $21.66.
13 x (.23389 + .54025) + $11.08 + .52 = $21.66.