Apex Utilities
Electricity Rates, Plans & Statistics
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About Apex Utilities
Apex Utilities provides electricity in Apex in Wake County, North Carolina. There are 29,326 customers of the company. Exactly 1,843 of them are commercial accounts and 27,483 of them are residential accounts. The residential electricity rate for consumers of Apex Utilities is, on average, 13.40 cents per kilowatt hour, which is, luckily, 16.70% less than the average US price of 16.08 cents. In 2023 Apex Utilities sold 94.54% of their total megawatt hours disposed via normal retail sales to end users. Wholesale power purchases made up 100.00% of all electricity sourced by the company . Exactly 407,357 megawatt hours were acquired via the wholesale electricity market. They made $44,086,000 in total revenue in 2023 through retail electricity sales alone.
The state average monthly residential electricity bill is $144.08, while the Apex Utilities average is 24.49% below at $109.77 per month. This is the 6th lowest average monthly bill amount for a supplier in North Carolina. The supplier's customers are faced with an average of 0.05 power outages per consumer each year. These outages go on for an average of 37.02 minutes, while the national average is 1.44 outages per consumer and 123.49 minutes an outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.
Apex Utilities is one of 26 providers in the state who offer net metering to their consumers. Net metering allows citizens to sell wattage back to their company, which makes the installation of solar panels and other alternative electricity sources more financially viable.
Loss of electricity from heat dissipation while transmitting electricity and other causes is a reality of operating in the electricity generation business. Providers must report these losses to government agencies who track electricity grid efficiencies. Apex Utilities recently reported an annual loss of around 2.35% of the electricity that they generate. The state of North Carolina has an energy loss average of 4.02% and the countrywide average is 2.43%, giving Apex Utilities a rank of 16th best out of 103 providers reporting energy loss in the state.
Apex Utilities Rate & Electric Bills
Apex Utilities residential electric rates are highest in April and the highest average bill is in July.
Historical Electricity Rates:
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Apex Utilities Overview
- Company Type:Municipal
- Headquarters:73 Hunter Street
Apex, North Carolina 27502
United States of America - Director/Superintendent:Catherine Crosby
Apex Utilities Contact
- Website:www.apexnc.org
- Customer Service Phone:(919) 362-8676
- Social Media:
Apex Utilities Service
- Rates & Plans:www.apexnc.org
- Outage Map:www.apexnc.org
- Outage Phone:(919) 372-7475
- States Served:
- North Carolina
- Counties Served:
- Wake County
- Major Cities Served:
Energy Loss
Apex Utilities' energy loss due to business operations.
Total Energy Loss
9,565MWh
356 National Rank
Grid Reliability
Length & Frequency of Apex Utilities' Power Outages
37.02 min.
vs. national average of 123.49 min.
0.05 outages/yr
vs. national average of 1.44
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Apex Utilities Coverage Map
Apex Utilities State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| North Carolina | 28,921 | 46,468,360.28 | 35 | 100% |
Apex Utilities County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Wake County | 1,175,021 | 5 | 15.11 | $152.70/mo |
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Apex Utilities FAQ:
How much is the average bundled bill for Apex Utilities customers each month?
Consumers of Apex Utilities pay, on average, a monthly bundled bill of $109.77.
When will Apex Utilities power be restored?
Average outage times for Apex Utilities are about 37.015 minutes per outage.
What is the average bundled electricity rate for Apex Utilities customers?
Apex Utilities' current average bundled electricity rate is 13.40 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.30 cents and the average United States rate of 16.08 cents.
Who is the CEO of Apex Utilities?
Apex Utilities' CEO is Catherine Crosby.
What is the phone number for Apex Utilities?
You can reach Apex Utilities by phone via (919) 362-8676.
