Electric circuit analysis is fundamental to advancing modern technology, yet traditional methods often become complex and inefficient when applied to large-scale or intricate networks. Group theory, a branch of abstract algebra renowned for its capacity to exploit symmetry, has shown promise as a solution to this challenge. By applying group theoretical principles to circuit analysis, particularly through symmetry operations and transformation groups, engineers can simplify complex systems, reducing computational demands and revealing deeper insights into circuit behavior. Through systematic symmetry-based simplifications, group theory can decrease the number of equations required by up to 40% in certain configurations, enhancing both analytical efficiency and practical implementation. However, challenges include the mathematical complexity inherent to group theory, the limitations in analyzing highly irregular or nonlinear circuits, and the need for compatible computational tools. Recommendations include the integration of group theoretical approaches into standard circuit analysis software, focused training for electrical engineers, and further research to address the application of these methods in emerging technologies such as quantum and neuromorphic computing. Therefore, this review aims to elucidate the practical potential of group theory in transforming electric circuit analysis, presenting a streamlined approach that balances theoretical rigor with engineering feasibility.