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 27,178 customers of the company. Exactly 1,846 of them are commercial accounts and 25,332 of them are residential accounts. The residential electricity rate for consumers of Apex Utilities is, on average, 11.90 cents per kilowatt hour, which is, luckily, 23.92% less than the average US price of 15.64 cents. In 2022 Apex Utilities sold 85.28% 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 413,403 megawatt hours were acquired via the wholesale electricity market. They made $41,793,400 in total revenue in 2022 through retail electricity sales alone.
The state average monthly residential electricity bill is $127.16, while the Apex Utilities average is 21.77% below at $98.27 per month. This is the 6th lowest average monthly bill amount for a supplier in North Carolina. Electricity generation is not part of the Apex Utilities business model, as they purchase electricity at wholesale rates from other companies and then resell to their end users.
Apex Utilities is one of 25 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 11.88% of the electricity that they generate. The state of North Carolina has an energy loss average of 3.47% and the countrywide average is 2.87%, giving Apex Utilities a rank of 52nd best out of 104 providers reporting energy loss in the state.
Apex Utilities Rate & Electric Bills
Apex Utilities residential electric rates are highest in January and the highest average bill is in February.
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:
- Table Of Contents:
Energy Loss
Apex Utilities' energy loss due to business operations.
Total Energy Loss
49,124MWh
1413 National Rank
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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 | 27,178 | 41,793,400 | 37 | 100% |
Apex Utilities County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Wake County | 1,175,021 | 5 | 13.85 | $141.73/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 $98.27.
What is the average bundled electricity rate for Apex Utilities customers?
Consumers of Apex Utilities, on average, have an electricity bundled rate 11.90 cents per kilowatt hour (¢/kWh).
What is the phone number for Apex Utilities?
Apex Utilities' customer service phone number is (919) 362-8676
Who is the CEO of Apex Utilities?
Apex Utilities' current CEO is Catherine Crosby.
