State electricity profile · 2024
Georgia Electricity
Georgia residential power costs 14.08¢/kWh, 14.6% below the US average. Scroll down for commercial, industrial, and generation-mix figures, sourced from EIA filings.
- 14.08¢/kWh
- Residential rate
- -14.6%
- vs US average
- 9%
- Renewable
- 4.8M
- Customers
Verify with EIA → · Methodology
The verdict · 2024
Georgia's residential electricity runs 14.08¢/kWh - 14.6% below the 16.48¢/kWh national average, cheaper than 67% of states, with 9% of its power from renewables.
Rate is the EIA state average across all 4.8M residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.
What Georgia's Electricity Data Tells Us
For 2024, EIA data puts Georgia's residential electricity rate at 14.08¢/kWh, billed to 4.8M metered households statewide, landing 14.6% below the national residential average, 16.48¢/kWh. On the commercial side, the rate is 10.87¢/kWh, and industrial power costs 7.21¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Annual residential sales total 62.1M MWh, translating to roughly $8.7B in revenue for utilities, a useful yardstick for sizing local demand against the grid mix that serves it.
No fuel source matters more to Georgia's grid than natural gas, at 41.7% of in-state production; nuclear comes next, contributing 35.1% and coal in third at 13.1%. Georgia draws 9.3% of its electricity from renewable sources, solar, wind, hydro, geothermal, and biomass together, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. Legacy fuels still dominate here, which tends to tie retail rates to commodity cycles.
Looking back across EIA records, residential prices in Georgia moved from 11.50¢/kWh in 2016 to 14.08¢/kWh in 2024, a 22.4% shift over that window. For a peer comparison, North Carolina, Florida, Kansas land in the same price range. For anyone negotiating a supplier contract, weighing an energy-efficiency upgrade, or modeling a household budget, the combination of current rate, multi-year trend, and generation mix offers a sturdier footing than any single data point on its own.
-14.6%
vs the US residential average
67%
of states have higher residential rates
9%
renewable share, below the US mix
4.8M
residential customers served
How Georgia compares
Cents per kWh, EIA Form 861. Pick a benchmark above to compare Georgia against the US average or a peer state.
Residential Price History
| Year | Price | Change |
|---|---|---|
| 2024 | 14.08¢/kWh | +2.8% |
| 2023 | 13.69¢/kWh | -0.8% |
| 2022 | 13.80¢/kWh | +10.3% |
| 2021 | 12.51¢/kWh | +4.1% |
| 2020 | 12.02¢/kWh | +2.2% |
| 2019 | 11.76¢/kWh | +2.5% |
| 2018 | 11.47¢/kWh | -3.6% |
| 2017 | 11.90¢/kWh | +3.5% |
| 2016 | 11.50¢/kWh | - |
Energy Generation Mix
How Georgia generates its electricity. Renewable sources account for 9.3% of generation.
- Natural Gas41.7%
- Nuclear35.1%
- Coal13.1%
- Solarrenewable7.1%
- Hydrorenewable2.2%
- Pumped Storage0.6%
- Petroleum0.2%
- Other0.1%
Market Overview
Residential Revenue
$8.7B
Commercial Revenue
$6.0B
Residential Sales
62.1M MWh
Residential Customers
4.8M
Frequently Asked Questions
How much does electricity cost in Georgia? ▼
How much of Georgia's electricity is renewable? ▼
Are electricity prices going up in Georgia? ▼
What are commercial and industrial electricity rates in Georgia? ▼
What is the cheapest energy source in Georgia? ▼
Where does RateWatt's Georgia electricity data come from? ▼
States with Similar Electricity Prices
Using Georgia's numbers
This is the state average, use it as a benchmark, not a quote for your address.
- Georgia sits 14.6% below the national average, see exactly where it lands among all 50 states. See the rankings
- Check the multi-year trend before you judge the rate, a low price rising fast can cost more over a decade than a steady one. Georgia price trend
- Compare Georgia side by side with the US average and peer states using the tool above, then estimate your own bill from your monthly kWh. Cost calculator
Figures are EIA state averages by sector. Your actual rate depends on your utility, plan, and usage, see our disclaimer.
Energy Guides
Understanding Electricity Rates
What ¢/kWh means and how your bill is calculated
Why Prices Vary by State
Generation mix, regulation, and geography
US Energy Sources Explained
How each fuel source powers the grid
Renewable vs Fossil Fuel Costs
LCOE comparison and the cost crossover
Cheapest States for Electricity
Which states pay the least and why
Primary source data for Georgia
Every figure on this page traces to these official federal datasets.
- 📊 EIA State Energy Profile, Georgia State energy database
- ⚡ EIA Electric Power Monthly Generation and price statistics
- 🌿 EPA eGRID Power-grid emissions database
- ☀️ NREL solar resource maps Solar potential by location
- 💨 NREL wind resource maps Wind potential by location
- ⚛️ NRC reactor data Nuclear operating status
- ⚡ FERC market data Transmission and market prices
- 🏛️ NARUC commissions State public utility commissions
- 📖 EIA energy mapping system Interactive federal energy map
Related
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. State prices and generation mix are pulled directly from the EIA's published tables for this state. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.