On average, Georgia residents spend about $213 per month on electricity. That adds up to $2,556 per year.
That’s 12% higher than the national average electric bill of $2,276. The average electric rates in Georgia cost 14 ¢/kilowatt-hour (kWh), so that means that the average electricity customer in Georgia is using 1,484 kWh of electricity per month, and 17,808 kWh over the course of the year.
Electric rates in Georgia
This data is aggregated over the past 6 months.
Electric bill savings with solar in Georgia
Solar saves you money by reducing or eliminating your monthly electric bill. The amount that you can save with solar in Georgia is based on two factors: how much you spend on electricity now and how much of your electric bill you can offset with solar.
Based on the intensity and amount of sunlight hours in Georgia, the average electricity customer in Georgia will need a 12.3 kilowatt (kW) solar panel system to offset 100% of their annual electricity consumption of 17,808 kWh per year. On the EnergySage Marketplace, solar shoppers in Georgia pay an average of $40,000 for a 12.3 kW solar panel system prior to incentives.
The savings from offsetting 100% of an electric bill with solar can add up fast! Assuming an 1.8% annual increase in electricity prices and that you install your system with a $0-down loan, you can expect to save $2,600 in your first year, $13,200 over five years, $27,700 over 10 years, and $60,700 over 20 years on electric bills in Georgia. Over your system’s lifetime you’ll save more by financing your solar system with a cash purchase, but you won’t start saving in year one. Learn more about how to finance your solar panel system.