GITNUX MARKETDATA REPORT 2024

Statistics About The Average Electric Bill In Georgia

The average electric bill in Georgia is approximately $130 per month.

With sources from: chooseenergy.com, census.gov, electricrate.com, arc.gov and many more

Statistic 1

As of 2021, the average monthly electric bill in Georgia was $126.84

Statistic 2

The price of electricity in Georgia is around 12.62 cents per kilowatt-hour

Statistic 3

In Georgia, the average residential electric rate is 14% less than the national average

Statistic 4

In 2020, the average annual electricity consumption for a U.S. residential utility customer was 10,649 kilowatthours (kWh), an average of about 887 kWh per month with Georgia residents slightly above this mark

Statistic 5

Georgia has a deregulated electricity market for commercial and industrial customers

Statistic 6

The average industrial electricity rate in Georgia is 6.11¢/kWh

Statistic 7

Georgia ranks 31st for the highest electric rates in the nation

Statistic 8

As per the U.S. Energy Information Administration, Georgia uses a high percentage of electricity for space heating

Statistic 9

The average Georgia residential customer’s annual electric bill is about $1,522

Statistic 10

Georgia's electricity use per person is higher than the U.S. average due to high air-conditioning use during hot summer months and the widespread use of electricity for home heating during the winter

Statistic 11

High-income residents in Georgia spend about 1.4% of their income on electricity

Statistic 12

Approximately 12% of homes in Georgia use electricity as their primary energy source for heating

Statistic 13

In Georgia, rural households spend an average of $2,180 annually on energy, or 22.3% more than their urban counterparts

Statistic 14

Electricity expenses account for 2.4% of total housing expenditures in Georgia

Statistic 15

Georgia uses 0.09% of their electricity production on solar energy

Statistic 16

In 2020, nuclear power provided more than a quarter of Georgia's electricity net generation

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In this post, we will explore the various statistics related to the average electric bill in Georgia. From the average monthly bill to electricity rates, consumption patterns, and market dynamics, we will uncover key insights into Georgia’s electricity landscape. Join us as we delve into the data to understand the factors impacting electricity costs for residents and businesses in the state.

Statistic 1

"As of 2021, the average monthly electric bill in Georgia was $126.84"

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Statistic 2

"The price of electricity in Georgia is around 12.62 cents per kilowatt-hour"

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Statistic 3

"In Georgia, the average residential electric rate is 14% less than the national average"

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Statistic 4

"In 2020, the average annual electricity consumption for a U.S. residential utility customer was 10,649 kilowatthours (kWh), an average of about 887 kWh per month with Georgia residents slightly above this mark"

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Statistic 5

"Georgia has a deregulated electricity market for commercial and industrial customers"

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Statistic 6

"The average industrial electricity rate in Georgia is 6.11¢/kWh"

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Statistic 7

"Georgia ranks 31st for the highest electric rates in the nation"

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Statistic 8

"As per the U.S. Energy Information Administration, Georgia uses a high percentage of electricity for space heating"

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Statistic 9

"The average Georgia residential customer’s annual electric bill is about $1,522"

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Statistic 10

"Georgia's electricity use per person is higher than the U.S. average due to high air-conditioning use during hot summer months and the widespread use of electricity for home heating during the winter"

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Statistic 11

"High-income residents in Georgia spend about 1.4% of their income on electricity"

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Statistic 12

"Approximately 12% of homes in Georgia use electricity as their primary energy source for heating"

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Statistic 13

"In Georgia, rural households spend an average of $2,180 annually on energy, or 22.3% more than their urban counterparts"

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Statistic 14

"Electricity expenses account for 2.4% of total housing expenditures in Georgia"

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Statistic 15

"Georgia uses 0.09% of their electricity production on solar energy"

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Statistic 16

"In 2020, nuclear power provided more than a quarter of Georgia's electricity net generation"

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Interpretation

Georgia residents pay an average monthly electric bill of $126.84, slightly above the national average consumption of 887 kWh per month. Despite having a lower residential electric rate compared to the national average, Georgia ranks 31st for the highest electric rates in the nation. The state's electricity use is influenced by high air-conditioning usage in summer and electric heating in winter. High-income residents spend 1.4% of their income on electricity, and rural households spend 22.3% more on energy compared to urban counterparts. Georgia's electricity production is largely dependent on nuclear power, with a minimal percentage coming from solar energy.

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