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Georgia electricity prices, August 2024

Average price, sales and bills for the month against the same month a year earlier and the US. Final

In August 2024, residential customers in Georgia paid an average of 14.83¢ per kilowatthour, up 5.0% on the same month a year earlier (14.12¢). The US average for the month was 16.60¢; Georgia was 11% below that. It ranked 27th highest among the 50 states and the District of Columbia.

Residential sales were 6,854,784 MWh, little changed on a year earlier, and the average residential bill for the month was $210.48 on 1,419 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as final. Final monthly figures are benchmarked to the annual Form EIA-861 census of utilities.

14.83¢residential, per kWh+5.0% on Aug 2023
$210.48average residential bill for the monthon 1,419 kWh
6.9 TWhresidential sales-0.4% on a year earlier
27thhighest residential price of 51US 16.60¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorAug 2024Aug 2023ChangeUS, Aug 2024
Residential14.83¢14.12¢+5.0%16.60¢
Commercial11.72¢11.00¢+6.5%13.16¢
Industrial9.89¢8.76¢+12.9%8.67¢
All sectors12.76¢11.99¢+6.4%13.48¢

Sales and customers

MeasureAug 2024Aug 2023Change
Residential sales6.9 TWh6.9 TWh-0.4%
Sales, all sectors15.3 TWh15.1 TWh+1.8%
Residential customers4,830,6114,719,910+2.3%
Average residential bill$210.48$205.93+2.2%
Average residential use, kWh1,4191,459-2.7%
US residential price16.60¢15.91¢+4.3%

The two years to August 2024

0¢5¢10¢15¢20¢Aug 2022Dec 2022Apr 2023Aug 2023Dec 2023Apr 2024Aug 2024

Georgia residentialUS residential

Cents per kWh, Form EIA-861M.
← July 2024September 2024 →

Questions and answers

What was the average electricity price in Georgia in August 2024?

14.83¢ per kilowatthour for residential customers, 11.72¢ for commercial and 9.89¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 14.12¢ in August 2023, a change of +5.0%. Residential sales changed by -0.4% over the same period.

What was the average residential bill that month?

$210.48, on average use of 1,419 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Final" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Georgia page.