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 13,392 residential customer accounts, 2,319 commercial customer accounts and 16 industrial accounts within their service area. Griffin Electric averages 12.91 cents per kilowatt hour charged to their customers for residential electricity, which is 4.71% less than the average state rate of 13.55 cents and 8.53% lower than the nationwide average of 14.11. In 2020 the company sold 393,356 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 411,020 megawatt hours on the wholesale market. In 2020 they had total electricity related revenue of $53,453,000, with 89.90% coming from retail sales.

The national average monthly residential power bill is $125.95, while the Griffin Electric average is 2.65% less at $122.61 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.

Griffin Electric Net Metering

Griffin Electric is one of 54 electricity suppliers in the state who offer net metering to their customers. The purchase of solar panels and alternative electricity sources is often prohibitively priced for citizens. Net metering allows purchasers of these electricity sources to sell extra wattage back to the grid, making the installation of these alternative sources economically viable.

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 2.69% 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 306th best out of 3509 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 May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.129/kWh$0.102/kWh$125.07/mo.$95.54/mo.
1854th12.91¢Griffin Electric's Average residential price per kWh
1900th$122.61Average monthly electricity bill for Griffin Electric's residential customers

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

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Energy Loss

Griffin Electric's energy loss due to business operations.

-2.69%

Total Energy Loss

11,075MWh

306 National Rank

Griffin Electric Coverage Map

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Griffin Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Georgia15,72748,055,00031100%

Griffin Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Spalding County67,306312.65$138.50/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 $122.61.

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 12.91 cents per kilowatt hour (¢/kWh).

Last Reviewed By: Matt Hope
Published: 2022-08-01