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$0.04 per gasoline gallon equivalent
- Effective January 1, 2024, propane, compressed natural gas (CNG), and liquefied natural gas (LNG) will be subject to an excise tax at a rate of $0.04 per gasoline gallon equivalent (GGE), plus a $0.01 ninth-cent fuel tax, a $0.01 local option fuel tax, and an additional variable component to be determined by the Florida Department of Revenue (Department) each calendar year for the following 12-month period.
afdc.energy.gov/laws/10774
The rates are Consolidated Electric Fuel PPA, Natural Gas PGA, Consolidated Electric Conservation, Consolidated Natural Gas Conservation, Swing Service and GRIP surcharge. The following documents illustrate comparisons of the 2023 and approved 2024 rates.
Aug 6, 2024 · rates across states for 2024. States levy taxes on fuel in a few different ways, including sales taxes, excise taxes per gallon purchased at the pump, and taxes on wholesalers or retailers, which generally get passed on to consumers via increased prices.
Effective January 1, 2024, propane, compressed natural gas (CNG), and liquefied natural gas (LNG) will be subject to an excise tax at a rate of $0.04 per gasoline gallon equivalent (GGE), plus a $0.01 ninth-cent fuel tax, a $0.01 local option fuel tax, and an additional variable component to be determined by the Florida Department of Revenue ...
May 7, 2024 · As of January 2024, federal taxes on gasoline amount to $0.184 per gallon (which includes an excise tax of 18.3 cents per gallon and a storage tank fee of 0.1 cents per gallon). While...
Oct 8, 2024 · The Choose Energy® October Natural Gas Rates Report shows natural gas prices by state using the most recent data from July 2024, sourced from the Energy Information Administration (EIA). All rates are shown in dollars per thousand cubic feet.
A chart listing the 2024 rates for fuel tax, collection allowance, refund, and pollutants tax is on the Department’s website at floridarevenue.com/taxes/fuel
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What percentage of the cost of gas in Florida comes from taxes and gas station profit? The diagram above shows how the prices of an average gallon of gasoline and diesel fuel are broken down among various components, including the cost of the crude oil, refining, distribution / marketing, and taxes.