(1) There is hereby levied, in addition to all other taxes of every kind now imposed by law, and shall be collected as herein provided, an excise tax on the storage, use, or other consumption of electricity, domestic water, and natural gas in the State of Alabama.

(2) There is hereby levied an excise tax on the storage, use, or other consumption of telegraph services or telephone services in the State of Alabama. The amount of the tax shall be determined by the application of rates against the sales price of such services in the State of Alabama.

(1) If the total sales price of the utility services furnished by a utility and stored, used, or otherwise consumed by a person in one month is (see table below); the tax with respect to the utility service is (see table below):

Not over $40,000 – 4 percent of the sales price

Over $40,000 but not over $60,000 – $1,600 plus 3 percent of excess over $40,000

Over $60,000 – $2,200 plus 2 percent of excess over $60,000

(2) If the total sales price of the utility services furnished by a utility and stored, used, or otherwise consumed by a person in one month is (see table below); the tax with respect to the utility service is (see table below):

Not over $60,000 – 6.7 percent of the sales price

Over $60,000 – $4,020 plus 3.7 percent of excess over $60,000

Beginning with bills dated on or after April 1, 2002, the tax shall be computed at the rate of 6 percent.

State Treasury to the credit of Alabama Education Trust Fund.