IN OTHER NEWS – A new data reveals that Georgia residents can expected to pay an increase of more than 50% in electricity costs this summer.

Release:

• New data has pinpointed the additional costs each state will pay towards their electricity bills to keep cool this summer. 
• Georgia will pay an extra $72.88 on top of their usual monthly electricity bill, at a total of $201.47.  
• Across the U.S., billpayers are expected to pay an extra $36.79 per month on average.

New data has revealed the states that will encounter higher electricity expenses this summer. Georgia residents will likely have to shell out an extra $72.88 per month to keep cool.

Conducted by electricity experts Texas Electricity Ratings, the study analyzed Energy Information Administration (EIA) data to rank states based on their estimated total summer electricity costs for cooling, average residential usage, kWh pricing, and inflation adjustments.  

Commenting on the findings, Karl Trollinger, CEO of Texas Electricity Ratings said: “Sizzling temperatures are expected to linger around the U.S. until at least August, with some speculating July’s average temperature might surpass the scorching record of 76.77°F set in 1936. This soaring heat means skyrocketing cooling bills, with states like Georgia feeling the financial strain more than others.” 

“The good news is there are ways to be smart about energy use. Simple steps like optimizing natural ventilation, using shades to keep out the sun, and avoiding heat-producing appliances can significantly reduce cooling costs without sacrificing comfort.” 

States Facing Higher Than Average Costs 

Arizona is expected to incur the highest additional costs on top of its monthly electricity bill, with residents spending $100.15 extra to stay cool this summer. Though typically averaging $134.38 per month based on spring and autumn averages, the state’s summer expenses will total $234.53, marking the highest electricity bill among all U.S. states during this summer. 

States Paying Largest Change In Average Cooling Costs This Summer 

Rank	State	Average Monthly Bill*	Summer Monthly  Bill	Change From Average Cost
1	Arizona	$134.38	$234.53	$100.15
2	Nevada	$127.02	$227.07	$100.05
3	Texas	$149.76	$229.54	$79.78
4	Oklahoma	$115.71	$189.99	$74.28
5	Georgia	$128.60	$201.47	$72.88
6	Missouri	$113.42	$184.98	$71.56
7	New Jersey	$97.53	$167.44	$69.91
8	Alabama	$147.16	$213.85	$66.69
9	Kansas	$105.41	$167.88	$62.47
10	Louisiana	$129.74	$191.00	$61.26

*Amount based on average bill calculated from 2024 Spring and Autumn rates. 

Nevada ranks second in above-average costs, with customers facing an extra $100.05 this summer. Typically averaging around $127 per month, Nevada’s expenses will now total $227.07 monthly, amounting to $681.21 for the entire summer season. 

Texas will face the third-highest total electricity costs in the U.S. this summer, with an additional $79.78 monthly. This brings the estimated total to $688.62 for the season, equivalent to $229.54 per month compared to the usual $149.76. 

The remaining top ten include Oklahoma, with a monthly excess of $74.28; Georgia, at $72.88; Missouri, at $71.56; New Jersey, at $69.91; Alabama, at $66.69; Kansas, at $62.47; and Louisiana, at $61.26.  

States Seeing Lower Changes In Average Costs 

In contrast to Arizona, Alaska will enjoy savings of $15.48 per month on its usual electricity bill this summer, resulting in a total seasonal cost of $368.51. Typically, Alaska pays $138.32 monthly, but this summer, its expenses will decrease to $122.84, showing approximately an 11.2% reduction in costs. 

States Paying Moderate to Less-Than Average Cooling Costs This Summer 

Rank	State	Average Monthly Bill*	Summer Monthly Bill	Change From Average Cost
1	Alaska	$138.32	$122.84	$-15.48
2	Washington	$105.89	$92.76	$-13.13
3	Hawaii	$220.89	$213.39	$-7.50
4	Maine	$156.34	$149.97	$-6.37
5	Wyoming	$97.35	$93.34	$-4.01
6	Montana	$105.12	$103.03	$-2.09
7	North Dakota	$113.50	$116.56	$3.07
8	Oregon	$112.16	$115.34	$3.18
9	Vermont	$113.99	$119.67	$5.68
10	West Virginia	$130.62	$142.72	$12.10

*Amount based on average bill calculated from 2024 Spring and Autumn rates.  

Washington will see the second-largest savings on electricity bills this summer, with a reduction of $13.13 per month. With a total summer bill of $278.28, it ranks as the lowest among all U.S. states – amounting to a 60% reduction compared to states like Arizona. 

In Hawaii, residents will save $7.50 per month on their electricity bills this summer. Despite ranking as the seventh-highest summer bill in the U.S. with a total expected payment of $640, the monthly expense will be $213.39. Typically, customers pay $220.89 per month for electricity. 

The remaining top ten include Maine, which will pay $6.37 less than average this summer; Wyoming, which saves $4.01; and Montana, which saves $2.09. North Dakota, which spends a monthly excess of only $3.07; Oregon, which spends $3.18; Vermont, which spends $5.68; and West Virginia, which spends a moderate $12.10 more.