If you feel like you’ve been paying more on your electric bill this year, you’re not alone. And other Georgia residents can concur. In fact, a new study shows that Georgia residents are in the top 10 states with the most unaffordable electric bills. Keep scrolling for all the details.
How much more do Georgia residents pay for their electric bills?
According to a new study by Texas Electricity Ratings, Georgia residents are paying more than the average American on their electric bills. Texas Electricity Ratings says,
[Georgia] residents spending $24.36 more on monthly electric bills than the average American. The state has an average monthly electric bill cost of $166.70, which means that residents end up spending $297.24 more than the average American citizen on electric bill costs every year.
And while this seems like a crazy high bill to pay in Georgia, Hawaiians pay even more: with residents paying $77.35 more than the national average. Yeesh.
Where does Georgia rank on the list of states with the most unaffordable electric bills?
Georgia ranks at #7, coming in just behind Maryland, which has an average monthly electric bill cost of $167.11.
Here’s the top 5 states for the ‘states with the most unaffordable electric bills’
- Hawaii
- Connecticut
- Alabama
- California
- Texas
How did Texas Electricity Ratings come up with this ranking?
Here’s how the study breaks down:
The study sourced data regarding each individual state’s average monthly electric bill cost, [and then] using this data, the study then calculated how each state’s monthly average electric bill cost compared to the national average.
From there, the states with the largest price increases, compared with the national average were deemed as having more unaffordable electric bills.