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 generates 58.62% of their required electricity and must bring in the remaining 41.38% from other counties.

Wake County's 10.49% rise in the use of non-renewable fuel types for electric production throughout the last 12 months is an unfortunate circumstance.

Wake County generates 34,140 megawatt hours from solar energy, making it 465th out of 3230 counties in the United States for total megawatt hours produced from solar power.

Wake County generates 0.08 megawatt hours per citizen of the county from renewable fuel types. This makes Wake County the 81st highest ranking county for renewable generation per capita in the state out of 100 counties.

With a population of 1,175,021 citizens, Wake County is the largest county by population in North Carolina and the 38th largest in the United States.

The 8,761,035.1 megawatt hours of electricity created by non-renewable energy places Wake County at 5th out of 100 counties in the state in non-renewable power generation.

ENERGY CONSUMPTION

  • Total Consumption

    15,101,949 MWh

  • Consumption per Capita

    12.85 MWh

ENERGY PRODUCTION

  • Total Production

    8,852,381 MWh

  • Production from Renewable Energy

    91,346 MWh

  • Production from Non-Renewable Energy

    8,761,035 MWh

  • Production per Capita

    7.53 MWh

EMISSIONS

  • CO2 Emissions

    2,011,981,276 kg

  • CO2 Emissions per Capita

    1,712.29 kg

Recent Energy News in Raleigh

To see recent electricity news for cities in Wake County, select the city, year, and month you want to see news for below.

Top Headlines

Residential Electricity Prices

Commercial Electricity Prices

Industrial Electricity Prices

Electricity Production from All Fuel Types

Electricity Production from Natural Gas

Electricity Production from Distillate Fuel Oil

Electricity Emission from Production from Distillate Fuel Oil

Electricity Emission from Production from Natural Gas

Electricity Emission from Production from All Fuel Types

Raleigh Electricity Pricing Data

Average Residential Electricity Rate for February, 2024

17.17¢ per kWh

  • 18.39% higher than last month
  • 28.04% higher than February last year
  • 8.02% higher than the North Carolina average
  • 5.34% higher than the US average
  • 732nd in the state out of 732 cities
  • The state rank is the same since last month
  • The state rank has dropped by 22 since February last year
  • 18,289th in the US out of 26,964 cities
  • The national rank has dropped by 3,727 since last month
  • The national rank has dropped by 9,600 since February last year

12 Month Rolling Average Residential Rate

14.6¢ per kWh

  • 2.19% higher than last month
  • 15.22% higher than February last year
  • 6.77% higher than the North Carolina average
  • 13.78% lower than the US average
  • 732nd in the state out of 732 cities
  • The state rank is the same since last month
  • The state rank has dropped by 22 since February last year
  • 12,375th in the US out of 26,964 cities
  • The national rank has dropped by 2,046 since last month
  • The national rank has dropped by 5,813 since February last year

Average Residential Electricity Bill for February, 2024

$175.18 per month

  • 9.04% lower than last month
  • 37.59% higher than February last year
  • 8.59% higher than the North Carolina average
  • 39.74% higher than the US average
  • 731st in the state out of 732 cities
  • The state rank has dropped by 79 since last month
  • The state rank has dropped by 118 since February last year
  • 24,453rd in the US out of 26,964 cities
  • The national rank has dropped by 1,981 since last month
  • The national rank has dropped by 10,079 since February last year

12 Month Rolling Average Residential Bill

$147.47 per month

  • 2.78% higher than last month
  • 13.06% higher than February last year
  • 5.91% higher than the North Carolina average
  • 11.27% higher than the US average
  • 653rd in the state out of 732 cities
  • The state rank is the same since last month
  • The state rank has dropped by 36 since February last year
  • 19,831st in the US out of 26,964 cities
  • The national rank has dropped by 497 since last month
  • The national rank has dropped by 7,458 since February last year

Average Commercial Electricity Rate for February, 2024

12.31¢ per kWh

  • 11.4% higher than last month
  • 19.19% higher than February last year
  • 4.59% higher than the North Carolina average
  • 9.6% lower than the US average
  • 653rd in the state out of 732 cities
  • The state rank has dropped by 23 since last month
  • The state rank has dropped by 56 since February last year
  • 12,910th in the US out of 26,992 cities
  • The national rank has dropped by 3,213 since last month
  • The national rank has dropped by 7,422 since February last year

12 Month Rolling Average Commercial Rate

10.75¢ per kWh

  • 1.56% higher than last month
  • 9.02% higher than February last year
  • 5.3% higher than the North Carolina average
  • 23.86% lower than the US average
  • 612th in the state out of 732 cities
  • The state rank is the same since last month
  • The state rank has increased by 83 since February last year
  • 6,977th in the US out of 26,992 cities
  • The national rank has dropped by 235 since last month
  • The national rank has dropped by 1,808 since February last year

Average Commercial Electricity Bill for February, 2024

$572.36 per month

  • 4.54% lower than last month
  • 30.33% higher than February last year
  • 0.36% lower than the North Carolina average
  • 65.79% lower than the US average
  • 468th in the state out of 732 cities
  • The state rank has increased by 4 since last month
  • The state rank has increased by 1 since February last year
  • 15,991st in the US out of 26,992 cities
  • The national rank has dropped by 1,917 since last month
  • The national rank has dropped by 5,825 since February last year

12 Month Rolling Average Commercial Bill

$548.98 per month

  • 2.06% higher than last month
  • 11.82% higher than February last year
  • 0.38% higher than the North Carolina average
  • 66.58% lower than the US average
  • 469th in the state out of 732 cities
  • The state rank is the same since last month
  • The state rank has increased by 3 since February last year
  • 12,939th in the US out of 26,992 cities
  • The national rank has dropped by 351 since last month
  • The national rank has dropped by 2,270 since February last year

Average Industrial Electricity Rate for February, 2024

8.98¢ per kWh

  • 14.5% higher than last month
  • 26.74% higher than February last year
  • 3.09% higher than the North Carolina average
  • 8.87% lower than the US average
  • 729th in the state out of 729 cities
  • The state rank has dropped by 93 since last month
  • The state rank has dropped by 95 since February last year
  • 15,995th in the US out of 26,382 cities
  • The national rank has dropped by 4,385 since last month
  • The national rank has dropped by 6,568 since February last year

12 Month Rolling Average Industrial Rate

7.68¢ per kWh

  • 2.1% higher than last month
  • 3.71% lower than February last year
  • 1.5% higher than the North Carolina average
  • 24.73% lower than the US average
  • 635th in the state out of 729 cities
  • The state rank has dropped by 16 since last month
  • The state rank has increased by 80 since February last year
  • 10,780th in the US out of 26,382 cities
  • The national rank has dropped by 1,369 since last month
  • The national rank has dropped by 2,524 since February last year

Average Industrial Electricity Bill for February, 2024

$15,299.8 per month

  • 14.7% lower than last month
  • 4% higher than February last year
  • 54.66% lower than the North Carolina average
  • 50.09% lower than the US average
  • 352nd in the state out of 729 cities
  • The state rank has increased by 264 since last month
  • The state rank has increased by 261 since February last year
  • 15,850th in the US out of 26,382 cities
  • The national rank has increased by 729 since last month
  • The national rank has dropped by 643 since February last year

12 Month Rolling Average Industrial Bill

$16,880.55 per month

  • 0.29% higher than last month
  • 0.2% lower than February last year
  • 57.75% lower than the North Carolina average
  • 50.48% lower than the US average
  • 612th in the state out of 729 cities
  • The state rank has increased by 1 since last month
  • The state rank is the same since February last year
  • 15,743rd in the US out of 26,382 cities
  • The national rank has dropped by 29 since last month
  • The national rank has dropped by 410 since February last year

Raleigh, NC Electricity Overview

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Citizens who call Raleigh home spend, on average, 14.53 cents per kilowatt hour for their electricity. Sadly, this is 8.12% more than North Carolina's average price of 13.44 cents, resulting in the city ranking 575th out of 777 cities in North Carolina for best average electricity rate. There is 4851.12% more electricity used in Raleigh than is produced, meaning they must purchase electricity from neighboring cities and counties. Electric production plants in Raleigh have, luckily, had a 1.88% decline in the amount of fossil and other non-renewable fuel types used last year.

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 1,901,389,354.1 kilograms of CO2 emissions. Additionally, the city ranks 11th highest in the state for emissions per capita, which could be argued to be the more important statistic. They average 3,985.44 kilograms of emissions per citizen. Natural Gas is the primary fuel type in Raleigh, with 96.77% of electricity production coming from the fuel type. Raleigh has the 6th highest electricity producing plants of any city in North Carolina, with 3 total plants.

Average Residential Electricity Bills & Rates in Raleigh

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.172/kWh$0.096/kWh$192.59/mo.$80.69/mo.
575th14.53¢Average residential price per kWh in the city of Raleigh
408th$147.5Average 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 ProgressBUNDLED14.55147.616,158,188.452,351,270,324
Wake ElectricBUNDLED12.76139.71658,74284,065,000

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, 14.37 cents per kilowatt hour for their electricity. Sadly, this is 6.96% more than North Carolina's average price of 13.44 cents, resulting in the city ranking 533rd out of 777 cities in North Carolina for best average electricity rate. There is 119396.19% more electricity used in Cary than is produced, meaning they must purchase electricity from neighboring cities and counties. There has been a 5.93% increase in the amount of electricity generated from solar power over the past year, which is an increase of 108 megawatt hours per year.

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 697,727,962.68 kilograms of CO2 emissions. Additionally, the city ranks 696th highest in the state for emissions per capita, which could be argued to be the more important statistic. They average 3,892.35 kilograms of emissions per citizen. Solar is the primary fuel type in Cary, with 100.00% of electricity production coming from the fuel type. Cary has the 39th highest number of electricity plants of any city in the state, with one total plant.

Average Residential Electricity Bills & Rates in Cary

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.170/kWh$0.096/kWh$190.84/mo.$79.91/mo.
533rd14.37¢Average residential price per kWh in the city of Cary
391st$145.47Average 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 CarolinasBUNDLED12.28120.4722,155,382.952,719,638,474
Duke Energy ProgressBUNDLED14.55147.616,158,188.452,351,270,324

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, 13.74 cents per kilowatt hour for their electricity. Sadly, this is 2.26% more than North Carolina's average price of 13.44 cents, resulting in the city ranking 370th 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 $138.3, while the Apex average is 4.16% lower at $132.55 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 276,837,976.7 kilograms of CO2 emissions. This total also equates to a ranking of 59th worst in the state for emissions per capita. The city has no power production sources, resulting in the need to import the 913,349.57 megawatt hours that citizens here consume.

Average Residential Electricity Bills & Rates in Apex

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.172/kWh$0.096/kWh$192.59/mo.$80.69/mo.
370th13.74¢Average residential price per kWh in the city of Apex
293rd$132.55Average 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 UtilitiesBUNDLED11.9098.27251,13329,873,900
Duke Energy ProgressBUNDLED14.55147.616,158,188.452,351,270,324

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 8,635,556
NCSU Cates Cogeneration PlantNC State University, Energy Systems (100.00%)
Raleigh NC Natural Gas 80,24452,449,808.17653.63
Wake County LFG FacilityIngenco Renewable Development, LLC (100.00%)
Wake County NC Landfill Gas 58,84237,333,870.59634.48
NCSU CCUP Cogeneration PlantNC State University, Energy Systems (100.00%)
Raleigh NC Natural Gas 43,60127,941,663.72640.85
Wakefield SolarCypress Creek Renewables (100.00%)
Wake County NC Solar 9,742
Creech Solar 2, LLCCypress Creek Renewables (100.00%)
Wake County NC Solar 8,955
Fuquay Farm
Wake County NC Solar 8,624
Sunfish FarmCypress Creek Renewables (100.00%)
Wake County NC Solar 8,310
CBC Solar Energy Gen Fac Phase 2CBC Alternative Energy, LLC (100.00%)
Wake County NC Solar 3,614
SAS Solar FarmSAS Institute Inc (100.00%)
Cary NC Solar 1,928
Neuse River Solar FarmScale Sustainable I, LLC (100.00%)
Wake County NC Solar 1,550
Wake County NC Solar 39

Wake County, North Carolina Details

Power Plant Fuel Types, Emissions & Pollution Factors

When considering electricity production, Wake County's top fuel type is Nuclear, making up 97.55%, or 8,635,556 megawatt hours of production in the county. Taken together with Natural Gas (1.35%) and Landfill Gas (0.65%), these three fuel types make up 99.55% county electricity generation. Electricity use in the county results in the release of 2,011,981,275.87 kilograms of CO2 pollution per year, which is 155th highest in the United States out of 3230 counties. Perhaps a better measurement of pollution is the CO2 levels per capita, which amounts to 1,712.29 kilograms of CO2 emissions per person per year. Using this calculation the county is the 2627th highest polluting county in the nation. Wake County is home to 12 power producing plants, which is 22nd most in the state.

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
97.55%
NATURAL GAS
Natural Gas
1.35%
LANDFILL GAS
Landfill Gas
0.65%
SOLAR
Solar
0.39%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.06%
OTHER
Other
-0.00%

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 5.45%. 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 2211th best county in the US for energy loss efficiency.

Providers In Each City in Wake County:

  • Apex, North Carolina:
    • North Carolina Eastern Municipal Power Agency: 41.00%
    • Duke Energy Progress: 41.00%
    • Apex Utilities: 18.00%
  • Cary, North Carolina:
    • Duke Energy Progress: 46.80%
    • Duke Energy Carolinas: 3.99%
    • North Carolina Eastern Municipal Power Agency: 49.21%
  • Fuquay-Varina, North Carolina:
    • Duke Energy Progress: 100.00%
  • Garner, North Carolina:
    • North Carolina Eastern Municipal Power Agency: 50.00%
    • Duke Energy Progress: 50.00%
  • Holly Springs, North Carolina:
    • Duke Energy Progress: 100.00%
  • Knightdale, North Carolina:
    • Wake Electric: 9.51%
    • Duke Energy Progress: 45.25%
    • North Carolina Eastern Municipal Power Agency: 45.25%
  • Morrisville, North Carolina:
    • North Carolina Eastern Municipal Power Agency: 49.65%
    • Duke Energy Carolinas: 12.09%
    • Duke Energy Progress: 38.26%
  • Raleigh, North Carolina:
    • Wake Electric: 0.65%
    • Duke Energy Progress: 49.69%
    • North Carolina Eastern Municipal Power Agency: 49.66%
  • Rolesville, North Carolina:
    • North Carolina Eastern Municipal Power Agency: 44.38%
    • Wake Electric: 11.25%
    • Duke Energy Progress: 44.38%
  • Wake Forest, North Carolina:
    • Wake Forest Power: 13.69%
    • Duke Energy Progress: 34.81%
    • Wake Electric: 17.63%
    • North Carolina Eastern Municipal Power Agency: 33.87%
  • Wendell, North Carolina:
    • North Carolina Eastern Municipal Power Agency: 50.00%
    • Duke Energy Progress: 50.00%
  • Zebulon, North Carolina:
    • Duke Energy Progress: 48.90%
    • Wake Electric: 2.19%
    • North Carolina Eastern Municipal Power Agency: 48.90%

* 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 12 active electricity plants 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 Progress50,632
2Wake Electric27,870
3Apex Utilities27,178
4Wake Forest Power11,147
5Duke Energy Carolinas3,545

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-05-08