Georgia commercial electricity rates

Analyst note

The Georgia commercial price sat above the U.S. average in 0 of 10 years; the gap was -0.75 ¢ in 2015 and -1.88 ¢ in 2024. In the 2024 ranking Georgia sits between Florida (10.99 ¢) one place above and Ohio (10.66 ¢) one place below; the top of the list is 27.31 ¢ away and the bottom 3.68 ¢. Georgia was 26th in 2015 with 9.89 ¢ and is 31st now; a fall in the table. Georgia commercial prices rose in 6 of 9 years. The largest rise was +14.0% in 2022, and the largest fall -11.6% in 2023. The Georgia price peaked at 12.10 ¢ in 2022 and bottomed at 9.79 ¢ in 2018; 2024 is 10.2% below the peak and +11.0% from the low. Compounded, that is +1.06% a year in Georgia, -0.98 points against the U.S. Georgia buys 3.80% of all U.S. commercial electricity with 3.18% of the accounts, so the average Georgia account uses 1.20 times the national average.

Georgia commercial customers paid 10.87 ¢ in 2024, which puts the state 31st of 51, a middle position, 1.88 ¢ under the U.S. Nine years moved the Georgia commercial price +9.9% (+1.1% a year), behind the U.S. by 9.9 points. The sharpest year was 2022 at +14.0%; the peak came in 2022.

The latest Georgia year moved +1.6%, so prices are still climbing. The Georgia residential price of 14.08 ¢ sits 3.21 ¢ above. A Georgia commercial account uses 7,426 kWh a month; priced at 10.87 ¢ that is about $807, and the sector buys 36.8% of Georgia's power.

Counting revenue instead of kWh, Georgia commercial accounts bring in 35.1% of Georgia sector revenue on 36.8% of the kWh, a discount of 1.7 points that comes from the price level: 10.87 ¢ here against 14.08 ¢ for residential and 7.21 ¢ for industrial accounts. The average Georgia commercial account uses 7,426 kWh a month, 10 of 51 among states on that measure; a residential account uses 0.14 times as much and an industrial account 15.04 times. Commercial accounts are 11.34% of the 5,459,008 accounts in Georgia.