Georgia ranks 35th in energy affordability report

(The Center Square) – Georgia’s dependence on natural gas for electricity earned low marks on an energy affordability report.

The American Legislative Exchange Council’s Energy Affordability 2025 report ranks Georgia 35th out of the 50 states. The average cost of electricity per kilowatt-hour is 12 cents, according to the report, which looked at 2023 data from the U.S. Energy Information Administration.

“Although Georgia does not have a renewable portfolio standard nor is the state participating in a cap-and-trade scheme, Georgia ranks near the bottom in terms of energy affordability in large part due to an over-reliance on one fuel for electrical generation,” the report said. “With almost half of the state’s electricity generated using natural gas, ratepayers are on the hook for higher bills when the cost of natural gas rises.”

Georgia generates 47% of its energy from natural gas, followed by nuclear at 27%.

The report points to Plant Vogtle, a nuclear reactor in Waynesboro, as a reason for the higher energy costs. The project was often delayed and ended with a price tag of $7.5 billion, according to previous reports.

- Advertisement -

“While prices could have been lower if Georgia’s Vogtle nuclear generators had come online on schedule, the project slowed, and costs rose,” the report said.

Georgia is also susceptible to hurricanes, which lead to numerous power outages during the reporting period, the report’s authors said.

Wyoming has the lowest energy costs, followed by North Dakota, Idaho, Utah and Nebraska. Hawaii, California, Massachusetts, Connecticut and New Hampshire make up the bottom five, according to the report.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Men of Color Expo – Celebrating Men of Excellence

Men of Color Expo 2026 – Celebrating Men of...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Zillow analyst names culprit of flat home sales, high housing prices

Home sales are increasing slightly and mortgage costs are...

Everyday Economics: Inflation may have peaked. That does not mean the Fed is ready to cut

The Federal Reserve left interest rates unchanged last month,...

Sen. Lindsey Graham dies after sudden illness

(The Center Square) – South Carolina Sen. Lindsey Graham,...

Sen. Lindsey Graham dies after sudden illness

South Carolina Sen. Lindsey Graham, one of President Donald...

Lawmakers called to Capitol for weekend work with budget 11 days late

(The Center Square) - State lawmakers headed back to...

School reviews paraprofessional’s social media post about Trump

(The Center Square) – A Putnam County Community Unit...

California lawmakers advance law to limit predatory privacy lawsuits

A bill to reduce predatory privacy lawsuits against California...

Appellate judge says shifting marijuana laws need to be considered

(Carolina Journal) – The newest member of the 4th...

More like this
Related

Zillow analyst names culprit of flat home sales, high housing prices

Home sales are increasing slightly and mortgage costs are...

Everyday Economics: Inflation may have peaked. That does not mean the Fed is ready to cut

The Federal Reserve left interest rates unchanged last month,...

Sen. Lindsey Graham dies after sudden illness

(The Center Square) – South Carolina Sen. Lindsey Graham,...

Sen. Lindsey Graham dies after sudden illness

South Carolina Sen. Lindsey Graham, one of President Donald...