Wake County, NC: Electric Rates From 5 Providers

Wake County, North Carolina Electricity Rates & Statistics

Electricity Rates, Plans & Statistics

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Wake County, North Carolina Electricity Overview

Wake County generates 52.42% of their required electricity and must bring in the remaining 47.58% from other counties.

Within the previous year, there has been a 1.62% reduction in the use of non-renewable fuel sources for electricity production in Wake County.

Wake County experienced a 14.95% increase in CO2 emissions per capita during the course of the most recent 12 months.

Wake County produces 0.08 megawatt hours per resident of the county from renewable fuel types. This makes Wake County the 81st highest ranking county for renewable generation per capita in North Carolina out of 100 counties.

Wake County produces 34,524 megawatt hours from solar energy, ranking it 58th in the state out of 100 counties for total megawatt hours generated by solar power sources.

Citizens in Wake County deal with an average of 1.09 outages lasting 116.3 minutes per year, compared to the national averages of 1.45 outages at 171.11 minutes an outage.

ENERGY CONSUMPTION

  • Total Consumption

    15,123,083 MWh

  • Consumption per Capita

    12.87 MWh

ENERGY PRODUCTION

  • Total Production

    7,927,499 MWh

  • Production from Renewable Energy

    89,556 MWh

  • Production from Non-Renewable Energy

    7,837,943 MWh

  • Production per Capita

    6.75 MWh

EMISSIONS

  • CO2 Emissions

    2,339,851,255 kg

  • CO2 Emissions per Capita

    1,991.33 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 May, 2024

14.24¢ per kWh

  • 8.89% lower than last month
  • 2.61% higher than May last year
  • 0.4% higher than the North Carolina average
  • 13.64% lower than the US average
  • 495th in the state out of 770 cities
  • The state rank has increased by 84 since last month
  • The state rank has increased by 17 since May last year
  • 12,816th in the US out of 31,747 cities
  • The national rank has increased by 4,821 since last month
  • The national rank has dropped by 1,182 since May last year

12 Month Rolling Average Residential Bundled Rate

15.14¢ per kWh

  • 0.2% higher than last month
  • 16.17% higher than May last year
  • 9.72% higher than the North Carolina average
  • 6.24% lower than the US average
  • 621st in the state out of 770 cities
  • The state rank has increased by 1 since last month
  • The state rank has dropped by 67 since May last year
  • 17,400th in the US out of 31,747 cities
  • The national rank has dropped by 113 since last month
  • The national rank has dropped by 8,786 since May last year

Average Residential Bundled Electricity Bill for May, 2024

$130.33 per month

  • 8.18% higher than last month
  • 21.67% higher than May last year
  • 2.02% higher than the North Carolina average
  • 4.92% higher than the US average
  • 495th in the state out of 770 cities
  • The state rank has increased by 87 since last month
  • The state rank has increased by 56 since May last year
  • 21,667th in the US out of 31,747 cities
  • The national rank has increased by 1,132 since last month
  • The national rank has dropped by 6,263 since May last year

12 Month Rolling Average Residential Bundled Bill

$151.91 per month

  • 1.29% higher than last month
  • 16.16% higher than May last year
  • 8.95% higher than the North Carolina average
  • 11.11% 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 50 since May last year
  • 22,735th in the US out of 31,747 cities
  • The national rank has dropped by 504 since last month
  • The national rank has dropped by 9,440 since May last year

Raleigh, NC Electricity Overview

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Citizens who call Raleigh home spend, on average, 15.14 cents per kilowatt hour for their electricity. Sadly, this is 9.72% more than North Carolina's average price of 13.80 cents, resulting in the city ranking 621st out of 777 cities in North Carolina for best average electricity rate. There is 5015.85% more electricity used in Raleigh than is produced, meaning they must purchase electricity from neighboring cities and counties. The city has seen a 3.08% drop in non-renewable fuel usage for electricity.

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 1,941,014,305.82 kilograms of CO2 emissions. Additionally, the city ranks 8th highest in the state for emissions per capita, which could be argued to be the more important statistic. They average 4,068.5 kilograms of emissions per citizen. Natural Gas is the primary fuel type in Raleigh, with 99.03% of electricity production coming from the fuel type. Raleigh has the 9th highest electricity producing plants of any city in North Carolina, with 2 total plants.

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$192.63/mo.$81.07/mo.
621st15.14¢Average residential price per kWh in the city of Raleigh
548th$151.91Average 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 ProgressBUNDLED14.97151.816,261,847.392,433,750,690
Wake ElectricBUNDLED15.20158.35665,150.06101,122,855.96

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, 14.97 cents per kilowatt hour for their electricity. Sadly, this is 8.54% more than North Carolina's average price of 13.80 cents, resulting in the city ranking 429th out of 777 cities in North Carolina for best average electricity rate. There is 132874.67% more electricity used in Cary than is produced, meaning they must purchase electricity from neighboring cities and counties. Electric production plants in the city have seen a 10.01% drop in the use of renewable fuel sources versus non-renewable fuels.

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 713,610,633.61 kilograms of CO2 emissions. Additionally, the city ranks 700th highest in the state for emissions per capita, which could be argued to be the more important statistic. They average 3,980.96 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 32nd 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 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.
429th14.97¢Average residential price per kWh in the city of Cary
366th$149.79Average 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 CarolinasBUNDLED12.87125.8722,204,034.772,858,377,697
Duke Energy ProgressBUNDLED14.97151.816,261,847.392,433,750,690

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, 14.23 cents per kilowatt hour for their electricity. Sadly, this is 3.13% more than North Carolina's average price of 13.80 cents, resulting in the city ranking 352nd out of 777 cities in North Carolina for best average electricity rate. The electricity grid in the city experiences an average of 0.54 outages per customer each year, with outages lasting about 41.93 minutes. The US averages of outages and outage time frames are 1.45 outages per year and 171.11 minutes per outage. Apex Utilities has an estimated 28,804 residential customers, which is more than all other suppliers who operate in the city.

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 283,115,719.27 kilograms of CO2 emissions. This total also equates to a ranking of 246th worst in the state for emissions per capita. The city has no power production sources, resulting in the need to import the 914,627.7 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$0.160/kWh$0.091/kWh$137.51/mo.$67.10/mo.
352nd14.23¢Average residential price per kWh in the city of Apex
5th$111.14Average 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 UtilitiesBUNDLED14.17111.38253,575.9535,935,693.65

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 7,715,048
NCSU Cates Cogeneration PlantNC State University, Energy Systems (100.00%)
Raleigh NC Natural Gas 76,36249,531,574.84648.64
Wake County LFG FacilityIngenco Renewable Development, LLC (100.00%)
Wake County NC Landfill Gas 57,91835,029,310.67604.81
NCSU CCUP Cogeneration PlantNC State University, Energy Systems (100.00%)
Raleigh NC Natural Gas 43,66327,954,721.49640.24
Wakefield SolarCypress Creek Renewables (100.00%)
Wake County NC Solar 9,840
Creech Solar 2, LLCCypress Creek Renewables (100.00%)
Wake County NC Solar 9,141
Sunfish FarmCypress Creek Renewables (100.00%)
Wake County NC Solar 8,844
CBC Solar Energy Gen Fac Phase 2CBC Alternative Energy, LLC (100.00%)
Wake County NC Solar 3,177
SAS Solar FarmSAS Institute Inc (100.00%)
Cary NC Solar 1,735
Neuse River Solar FarmScale Sustainable I, LLC (100.00%)
Wake County NC Solar 1,536
Wake County NC Solar 235

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 7,715,048

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 97.32%, or 7,715,048 megawatt hours of production in the county. Taken together with Natural Gas (1.50%) and Landfill Gas (0.69%), these three fuel types make up 99.51% county electricity generation. Electricity use in the county results in the release of 2,339,851,255.21 kilograms of CO2 pollution per year, which is 123rd highest in the United States out of 3230 counties. Perhaps a better measurement of pollution is the CO2 levels per capita, which amounts to 1,991.33 kilograms of CO2 emissions per person per year. Using this calculation the county is the 2599th highest polluting county in the nation. Wake County is home to 11 power producing plants, which is 26th most in the state.

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
97.32%
NATURAL GAS
Natural Gas
1.50%
LANDFILL GAS
Landfill Gas
0.69%
SOLAR
Solar
0.44%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.05%
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 6.25%. This includes data from 4 providers, including Duke Energy Progress, Apex Utilities, and Wake Electric. With a United States average energy loss of 2.87%, Wake County is ranked as the 2540th 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:
    • Wake Electric: 42.12%
    • Wake Forest Power: 39.36%
    • Duke Energy Progress: 18.51%
  • 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 11 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 Progress96,459
2Apex Utilities28,804
3Wake Electric11,682
4Wake Forest Power7,303
5Duke Energy Carolinas4,788

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-08-09