A total of 2,414 customers (81.48% residential customers, 18.39% commercial customers and 0.12% industrial accounts) are provided electricity by the company. Sylvania Electric averages 13.23 cents per kilowatt hour charged to their customers for residential electricity. While this is more than the Georgia average rate of 12.22 cents per kilowatt hour it is less than the United States average of 13.45 cents. There were a total of 693,425 megawatt hours sold to retail customers in 2020 by the provider. During the same timeframe, the provider procured 709,209 megawatt hours through the wholesale market. The total revenue for Sylvania Electric in 2020 from electricity sales was $25,676,000, with $23,051,300 from retail sales to end users.
About Sylvania Electric
The Georgia average monthly residential power bill is $133.76, while the Sylvania Electric average is 11.44% less at $120 per month. This is the 30th lowest average monthly bill amount for a provider in Georgia. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates from other suppliers to then be resold to their consumers.
Net metering services are available to customers of Sylvania Electric. Installation of solar panels and other electricity sources is often too expensive for private citizens. Net metering allows purchasers of these electricity sources to sell unused wattage into the grid, making the installation of these alternative sources more financially friendly .
Electricity providers regularly submit data for energy lost through electricity transmission to government agencies who track infrastructure efficiencies. Sylvania Electric recently reported a loss of 2.10% of the total electricity production total. The state of Georgia has an energy loss average of 3.96% and the national average is 2.76%, giving Sylvania Electric a rank of 9th best out of 94 providers reporting energy loss in Georgia.
Sylvania Electric Rate & Electric Bills
Sylvania Electric residential electric rates are highest in January and the highest average bill is in December.
Historical Electric Rates:
Sylvania Electric Overview
- Company Type:Municipal
- Headquarters:104 South Main Street
Sylvania, Georgia 30467
United States of America
Sylvania Electric Contact
Sylvania Electric's energy loss due to business operations.
Total Energy Loss
201 National Rank
Sylvania Electric Coverage Map
Sylvania Electric State Coverage
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Sylvania Electric FAQ:
What is the phone number for Sylvania Electric?
You can reach Sylvania Electric by phone via (912) 564-7411.
How much is the average bill for Sylvania Electric customers each month?
The average monthly electric bill for customers of Sylvania Electric is $120.00. The state average bill is $133.76 and the US average is $133.76.
What is the average electricity rate for Sylvania Electric customers?
Customers of Sylvania Electric, on average, have an electricity rate 13.23 cents per kilowatt hour (¢/kWh).