Apex Utilities: Rates and Coverage Area

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 27,156 customers of the company. Exactly 1,795 of them are commercial accounts and 25,361 of them are residential accounts. The residential electricity rate for consumers of Apex Utilities is, on average, 13.82 cents per kilowatt hour, which is, luckily, 11.89% lower than the average US price of 15.68 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 $135.29, while the Apex Utilities average is 18.87% below at $109.67 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 Net Metering

Apex Utilities is one of 24 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.

Energy Loss

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 103 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 May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.154/kWh$0.091/kWh$137.16/mo.$67.20/mo.
1618th13.82¢Apex Utilities' Average residential price per kWh
1107th$109.67Average monthly electricity bill for Apex Utilities' residential customers

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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

Apex Utilities Service

  • States Served:
    • North Carolina
  • Counties Served:
    • Wake County
  • Major Cities Served:
Energy provider of the year for North Carolina, Mid-Sized Provider Category
Top 3 Lowest Average Residential Monthly Bill
North Carolina, Mid-Sized Provider Category
Claim Award
Energy provider of the year for North Carolina, Mid-Sized Provider Category
Top 3 Lowest Residential Electricity Rate
North Carolina, Mid-Sized Provider Category
Claim Award
Energy provider of the year for North Carolina, Major Provider Category
Top 3 Lowest Average Residential Monthly Bill
North Carolina, Major Provider Category
Claim Award

Energy Loss

Apex Utilities' energy loss due to business operations.

-11.88%

Total Energy Loss

49,124MWh

1413 National Rank

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Apex Utilities Coverage Map

Coverage Map Placeholder

Apex Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina27,13146,260,025.437100%

Apex Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Wake County1,175,021514.56$148.15/mo

Apex Utilities Reviews

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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 $109.67.

What is the average bundled electricity rate for Apex Utilities customers?

Consumers of Apex Utilities, on average, have an electricity bundled rate 13.82 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.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-05-15