Rates are effective October 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 three components. The Louisiana Public Service Commission regulates all three components.
- The first is the customer charge. The current customer charge for residential customers is $11.26 per month. The current customer charge for small commercial customers is $7.84 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 $.24896 per 10 cubic feet (the volume registered on South Coast meters). The current rate allowed for small commercial customers is $.30884 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 $.52057.
To calculate this month’s residential bill:
Multiply your consumption by (.24896 + .52057), then add $11.26.
A consumption of 11 would equal a bill of $19.72.
11 x (.24890 + .52057) + $11.26 = $19.72.