Griffin Electric: Rates and Coverage Area

Griffin Electric

Electricity Rates, Plans & Statistics

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About Griffin Electric

Griffin Electric is a municipally owned entity providing electricity in Griffin, Georgia. The company has 13,708 residential customer accounts, 2,307 commercial customer accounts and 21 industrial accounts within their service area. Griffin Electric averages 12.90 cents per kilowatt hour charged to their customers for residential electricity, which is 6.19% less than the average state rate of 13.75 cents and 17.78% lower than the nationwide average of 15.68. In 2022 the company sold 412,791 megawatt hours to end users (known as retail sales). The electricity they sourced was made up of megawatt hours procured on wholesale channels. They purchased 434,646 megawatt hours on the wholesale market. In 2022 they had total electricity related revenue of $52,862,000, with 95.96% coming from retail sales.

The national average monthly residential power bill is $135.78, while the Griffin Electric average is 7.83% less at $125.15 per month. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.

Energy Loss

All electricity providers who generate electricity suffer from some energy loss from heat dissipation or alternative factors. Griffin Electric is no exception, as they have an annual loss of around 3.51% of the aggregate electricity they transmit. These averages allow us to compare and contrast the various companies who operate around the United States. Griffin Electric has earned a rank of 496th best out of 3518 suppliers who report energy loss in the country.

Griffin Electric Rate & Electric Bills

Griffin Electric residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.154/kWh$0.084/kWh$203.89/mo.$72.29/mo.
1216th12.90¢Griffin Electric's Average residential price per kWh
1545th$125.15Average monthly electricity bill for Griffin Electric's residential customers

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Griffin Electric Overview

  • Company Type:Municipal
  • Headquarters:100 South Hill Street 1st Floor
    Griffin, Georgia 30223
    United States of America
  • Director/Superintendent:Jessica O’Connor

Griffin Electric Contact

Griffin Electric Service

Energy Loss

Griffin Electric's energy loss due to business operations.

-3.51%

Total Energy Loss

15,266MWh

496 National Rank

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Griffin Electric Coverage Map

Coverage Map Placeholder

Griffin Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Georgia16,02445,651,880.8637100%

Griffin Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Spalding County68,919313.13$142.26/mo

Griffin Electric Reviews

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Griffin Electric FAQ:

What is the phone number for Griffin Electric?

The Griffin Electric phone number is (770) 229-6407.

What is the average bundled bill for Griffin Electric customers each month?

Customers of Griffin Electric pay, on average, a monthly bundled bill of $125.15.

Who is the CEO of Griffin Electric?

Griffin Electric's current CEO is Jessica O’Connor.

What is the average bundled electricity rate for Griffin Electric customers?

The average bundled rate of electricity for customers of Griffin Electric is 12.90 cents per kilowatt hour (¢/kWh).

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-12-06