Wake County, NC: Electric Rates From 5 Providers

Wake County, North Carolina Electricity Rates & Statistics

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Wake County, North Carolina Electricity Overview

Wake County uses 86.54% more electricity than it generates.

The US average residential price per kilowatt hour sits at 16.12 cents, while residents of Wake County enjoy an average rate that is 7.34% below that at 14.94 cents per kilowatt hour.

Wake County ranks 6th in North Carolina out of 100 counties for total production of electricity from non-renewable fuel sources, with 8,062,578 of the county's 8,062,578 megawatt hours coming from those fuel sources.

Wake County is the 138th largest producer of electricity in the nation out of 3230 counties, producing 8,062,578 megawatt hours.

Duke Energy Progress is the largest supplier in Wake County when calculated by megawatt hours sold.

Wake County is the 3rd ranked generating county of nuclear power electricity in the state.

ENERGY CONSUMPTION

  • Total Consumption

    15,039,966 MWh

  • Consumption per Capita

    12.8 MWh

ENERGY PRODUCTION

  • Total Production

    8,062,578 MWh

  • Production from Non-Renewable Energy

    8,062,578 MWh

  • Production per Capita

    6.86 MWh

EMISSIONS

  • CO2 Emissions

    2,117,808,765 kg

  • CO2 Emissions per Capita

    1,802.36 kg

Recent Electricity Rates and Production Changes in Raleigh

To see the most recent electricity rates and production changes for cities in Wake County, select the city below. If you would like to get access to monthly historical data, please contact us directly by submitting a request.

Rates and Production Categories


Raleigh Electricity Pricing Data

Average Residential Bundled Electricity Rate for April, 2024

15.63¢ per kWh

  • 14.43% lower than last month
  • 10.24% higher than April last year
  • 4.32% higher than the North Carolina average
  • 7.6% lower than the US average
  • 579th in the state out of 770 cities
  • The state rank has dropped by 42 since last month
  • The state rank has increased by 6 since April last year
  • 17,690th in the US out of 31,712 cities
  • The national rank has increased by 7,741 since last month
  • The national rank has dropped by 2,781 since April last year

12 Month Rolling Average Residential Bundled Rate

15.11¢ per kWh

  • 0.81% higher than last month
  • 17.23% higher than April last year
  • 10.03% higher than the North Carolina average
  • 6.3% lower than the US average
  • 622nd in the state out of 770 cities
  • The state rank has increased by 3 since last month
  • The state rank has dropped by 69 since April last year
  • 17,332nd in the US out of 31,712 cities
  • The national rank has dropped by 500 since last month
  • The national rank has dropped by 9,178 since April last year

Average Residential Bundled Electricity Bill for April, 2024

$120.48 per month

  • 16.19% lower than last month
  • 11.95% higher than April last year
  • 5.67% higher than the North Carolina average
  • 6.86% higher than the US average
  • 582nd in the state out of 770 cities
  • The state rank has dropped by 177 since last month
  • The state rank has dropped by 67 since April last year
  • 23,079th in the US out of 31,712 cities
  • The national rank has increased by 2,627 since last month
  • The national rank has dropped by 4,895 since April last year

12 Month Rolling Average Residential Bundled Bill

$149.98 per month

  • 0.72% higher than last month
  • 13.43% higher than April last year
  • 8.99% higher than the North Carolina average
  • 10.22% higher than the US average
  • 548th in the state out of 770 cities
  • The state rank is the same since last month
  • The state rank has dropped by 47 since April last year
  • 22,382nd in the US out of 31,712 cities
  • The national rank has dropped by 572 since last month
  • The national rank has dropped by 8,802 since April last year

Raleigh, NC Electricity Overview

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Citizens who call Raleigh home spend, on average, 15.11 cents per kilowatt hour for their electricity. Sadly, this is 10.03% more than North Carolina's average price of 13.73 cents, resulting in the city ranking 622nd out of 777 cities in North Carolina for best average electricity rate. The largest vendor in the city based on megawatt hours sold is Duke Energy Progress. The nationwide average monthly residential electric bill is $138.02, while the Raleigh average is 8.66% more at $149.98 per month.

Raleigh is the 2nd highest ranked city in North Carolina out of 777 when it comes to total pollution from electricity use, with the city emitting 1,853,488,747.19 kilograms of CO2 emissions. This total also equates to a ranking of 11th worst in the state for emissions per capita. The city has no power production sources, resulting in the need to import the 6,106,552.16 megawatt hours that citizens here consume.

Average Residential Electricity Bills & Rates in Raleigh

Raleigh residential electric rates are highest in March and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.183/kWh$0.097/kWh$192.62/mo.$81.07/mo.
622nd15.11¢Average residential price per kWh in the city of Raleigh
548th$149.98Average residential monthly electricity bill for Raleigh Residents

Electric Companies With Service in Raleigh, North Carolina

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Duke Energy ProgressBUNDLED14.95149.9416,040,524.72,398,692,083
Wake ElectricBUNDLED15.03155.88626,441.194,172,650.04

Zips with electric coverage in Raleigh, North Carolina include: 27610, 27587, 27703, 27616, 27603, 27529, 27606, 27615, 27604, 27613, 27612 and 12 other zip code(s).

Cary, NC Electricity Overview

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Citizens who call Cary home spend, on average, 14.93 cents per kilowatt hour for their electricity. Sadly, this is 8.76% more than North Carolina's average price of 13.73 cents, resulting in the city ranking 430th out of 777 cities in North Carolina for best average electricity rate. The largest vendor in the city based on megawatt hours sold is Duke Energy Progress. The nationwide average monthly residential electric bill is $138.02, while the Cary average is 7.09% more at $147.81 per month.

Cary is the 7th highest ranked city in North Carolina out of 777 when it comes to total pollution from electricity use, with the city emitting 696,416,100.45 kilograms of CO2 emissions. This total also equates to a ranking of 395th worst in the state for emissions per capita. The city has no power production sources, resulting in the need to import the 2,294,430.57 megawatt hours that citizens here consume.

Average Residential Electricity Bills & Rates in Cary

Cary residential electric rates are highest in March and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.180/kWh$0.096/kWh$190.84/mo.$79.91/mo.
430th14.93¢Average residential price per kWh in the city of Cary
366th$147.81Average residential monthly electricity bill for Cary Residents

Electric Companies With Service in Cary, North Carolina

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Duke Energy CarolinasBUNDLED12.71123.2821,984,374.072,793,901,351
Duke Energy ProgressBUNDLED14.95149.9416,040,524.72,398,692,083

Zips with electric coverage in Cary, North Carolina include: 27519, 27713, 27526, 27513, 27606, 27502, 27560, 27511, 27607, 27539, 27518 and 2 other zip code(s).

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Apex, NC Electricity Overview

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Citizens who call Apex home spend, on average, 14.15 cents per kilowatt hour for their electricity. Sadly, this is 3.03% more than North Carolina's average price of 13.73 cents, resulting in the city ranking 348th out of 777 cities in North Carolina for best average electricity rate. The largest vendor in the city based on megawatt hours sold is Apex Utilities. The nationwide average monthly residential electric bill is $138.02, while the Apex average is 20.56% lower at $109.64 per month.

Apex is the 14th highest ranked city in North Carolina out of 777 when it comes to total pollution from electricity use, with the city emitting 276,086,232.89 kilograms of CO2 emissions. This total also equates to a ranking of 395th worst in the state for emissions per capita. The city has no power production sources, resulting in the need to import the 909,600.87 megawatt hours that citizens here consume.

Average Residential Electricity Bills & Rates in Apex

Apex residential electric rates are highest in March and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.159/kWh$0.091/kWh$137.16/mo.$67.20/mo.
348th14.15¢Average residential price per kWh in the city of Apex
5th$109.64Average residential monthly electricity bill for Apex Residents

Electric Companies With Service in Apex, North Carolina

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Apex UtilitiesBUNDLED14.01109.64238,818.8933,465,822.04

Zips with electric coverage in Apex, North Carolina include: 27519, 27513, 27502, 27511, 27539, 27523, 27562

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Electricity Production in Wake County, North Carolina

Power Plants in Wake County, North Carolina

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions per MWhToxic Chemical ReleaseClosing Date
Wake County NC Nuclear 8,062,578

There is 1 Nuclear Power Plant in Wake County, North Carolina

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions per MWhToxic Chemical ReleaseClosing Date
Wake County NC Nuclear 8,062,578

Wake County, North Carolina Details

Power Plant Fuel Types, Emissions & Pollution Factors

Wake County's electricity use results in CO2 pollution totaling 2,117,808,765.28 kilograms, which is the 143rd largest amount of any county in the US. Additionally, the county ranks 2735th worst in the United States for emissions per citizen, which could be argued to be the more important metric. Nuclear is the primary fuel in Wake County, with 100.00% of electricity production coming from the fuel type. Wake County has one power plant.

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
100.00%

Wake County, North Carolina Net Metering

Of the 5 electric companies in Wake County, 4 of them report that they offer net metering. The state has commendable net metering and feed in tariffs that make solar and other types of electricity generation more attractive.

Energy Loss

The average energy loss for electricity providers in Wake County is 6.25%. This includes data from 4 providers, including Duke Energy Progress, Wake Electric, and Apex Utilities. With a United States average energy loss of 2.87%, Wake County is ranked as the 2531st best county in the US for energy loss efficiency.

Providers In Each City in Wake County:

  • Apex, North Carolina:
    • Apex Utilities: 100.00%
  • Cary, North Carolina:
    • Duke Energy Progress: 92.14%
    • Duke Energy Carolinas: 7.86%
  • Fuquay-Varina, North Carolina:
    • Duke Energy Progress: 100.00%
  • Garner, North Carolina:
    • Duke Energy Progress: 100.00%
  • Holly Springs, North Carolina:
    • Duke Energy Progress: 100.00%
  • Knightdale, North Carolina:
    • Wake Electric: 21.02%
    • Duke Energy Progress: 78.98%
  • Morrisville, North Carolina:
    • Duke Energy Progress: 75.99%
    • Duke Energy Carolinas: 24.01%
  • Raleigh, North Carolina:
    • Duke Energy Progress: 98.69%
    • Wake Electric: 1.31%
  • Rolesville, North Carolina:
    • Wake Electric: 25.35%
    • Duke Energy Progress: 74.65%
  • Wake Forest, North Carolina:
    • Duke Energy Progress: 18.51%
    • Wake Electric: 42.12%
    • Wake Forest Power: 39.36%
  • Wendell, North Carolina:
    • Duke Energy Progress: 100.00%
  • Zebulon, North Carolina:
    • Wake Electric: 4.48%
    • Duke Energy Progress: 95.52%

* City coverage generated based on government data. Always verify you can get service from the provider.

FAQ

How many power plants are located in Wake County, North Carolina?

Wake County, North Carolina has one active electricity plant producing electricity for the county and other surrounding areas.

What electricity company is the largest provider in Wake County, North Carolina?

By total customer count, Duke Energy Progress is the largest electricity company in Wake County, North Carolina.

How many electric companies offer service in Wake County, North Carolina?

There are 5 electricity suppliers offering service in Wake County, North Carolina.

What electricity companies offer service in Wake County, North Carolina?

County Customers RankProviderEst. County Customers
1Duke Energy Progress112,109
2Wake Electric28,065
3Apex Utilities14,586
4Wake Forest Power11,170
5Duke Energy Carolinas4,779

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-06-26