Louisiana consumers may soon see higher electrical bills, thanks in large part to spikes in natural gas prices.
Much of the state’s power grid relies on natural gas, meaning price shifts can ripple through electricity costs.
Commissioner Devante Lewis of the Louisiana Public Service Commission says the state could be moving from concerns about natural gas bills to higher electricity costs.
“Over half our grid is supported by natural gas, and shifts in its price will have an impact” Lewis said. “While global events may not directly impact energy costs, agreements on exports can raise prices in our market.”
A recent study from the commission suggests that overall consumption hasn’t increased. However, a market gap sometimes forces energy distributors to pay higher costs, a difference that eventually lands on the consumer’s bill.
“It’s important for stakeholders to find alternatives that don’t just stick consumers with the bill,” Lewis said. “At the same time, residents should look for ways to improve efficiency.”
Looking ahead, Lewis warns that the summer could bring both hotter weather and higher bills.
“A hot season is likely, and while people aren’t consuming more, market costs eventually find their way to the consumer,” he said. “It’s wise to brace for a hotter summer and plan accordingly.”
As temperatures rise, the advice is clear: be energy smart, plan for potential cost increases, and explore ways to reduce usage where possible.