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ElectricityRatePerKWh

Town of Apex- (NC) Electricity Rate per kWh (2024 EIA Data)

Municipal|EIA utility 719|North Carolina|Bundled

In 2024, Town of Apex- (NC)'s residential customers paid an average of 10.52 cents per kWh: $33 million of revenue over 318,140 MWh of sales across 29,289 bundled residential customers, as reported to EIA on Form 861.

Residential 2024
10.52¢
per kWh, bundled
vs NC avg 2024
-25.5%
state 14.13c
Bundled res. customers
29,289
31,261 all sectors
Rank in NC by res. accounts
#23 of 55
0.5% of state residential MWh

How the 10.52c figure is calculated

10.52c/kWh = $33,459k revenue / 318,140 MWh x 100. This is EIA's average realised price for 2024: everything Town of Apex- (NC) billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $105 before taxes.

About Town of Apex- (NC)'s 2024 electricity prices

Town of Apex- (NC) is a municipally owned electric utility that reports to the U.S. Energy Information Administration under utility number 719. In 2024 it served 29,289 bundled residential customers in North Carolina, and its average realised residential price was 10.52 cents per kWh: $33 million of residential revenue divided by 318,140 MWh of residential sales.

Across the other sectors, Town of Apex- (NC)'s 2024 average prices were 13.96 cents for commercial customers (1,972 accounts).

Within North Carolina, Town of Apex- (NC) ranked number 23 of 55 utilities with bundled or delivery service by residential accounts served (29,289) and accounted for 0.52% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 14.13 cents per kWh, so Town of Apex- (NC)'s customers paid 3.61 cents below the North Carolina average (-25.5%). For context, EIA's latest monthly figure for North Carolina is 14.74 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Town of Apex- (NC) in 1 North Carolina county: Wake. On the grid side it operates in the SERC NERC region, and reported distribution as its activities. Balancing authority code: CPLE.

Town of Apex- (NC) is not among the utilities included in EIA's preliminary 2025 early release, so the 2024 final data is the most recent figure available for it.

The nearest other utilities in North Carolina by service-territory centroid are Wake Electric Membership Corp (18.4 miles away, 13.42 cents), Piedmont Electric Member Corp (34 miles away, 15.60 cents), Central Electric Membership Corp. (NC) (42.1 miles away, 14.34 cents), City of Wilson (NC) (46 miles away, 12.13 cents), and South River Elec Member Corp (47.6 miles away, 13.30 cents).

2024 sales by sector in North Carolina (bundled service)
SectorCustomersSales (MWh)Revenue ($k)Avg c/kWh
Residential29,289318,14033,45910.52
Commercial1,972109,74415,31513.96

Counties served in North Carolina (1)

Wake

From the EIA-861 Service Territory file; a listed county can be served in part only.

Nearby and comparable utilities in North Carolina

Wake Electric Membership CorpCooperative, 18.4 mi between territory centroids
53,268 res. accounts 13.42c
Piedmont Electric Member CorpCooperative, 34 mi between territory centroids
30,334 res. accounts 15.60c
Central Electric Membership Corp. (NC)Cooperative, 42.1 mi between territory centroids
22,071 res. accounts 14.34c
City of Wilson (NC)Municipal, 46 mi between territory centroids
32,078 res. accounts 12.13c
South River Elec Member CorpCooperative, 47.6 mi between territory centroids
45,730 res. accounts 13.30c
EIA-861 facts, 2024
EIA utility number
719
Ownership type
Municipal
Data year
2024 final (EIA-861)
Primary state
North Carolina
Service type
Bundled (Part A)
Bundled residential customers (NC, price basis)
29,289
Residential accounts served (NC)
29,289
All accounts, all sectors (NC)
31,261
Residential price, 2024
10.52 c/kWh
Commercial price, 2024
13.96 c/kWh
Residential sales
318,140 MWh
Residential revenue
$33 million
Rank in North Carolina by residential accounts served
23 of 55
Share of North Carolina residential sales (MWh, not customers)
0.52%
North Carolina average, 2024
14.13 c/kWh
Counties served (NC)
1
NERC region
SERC
Balancing authority
CPLE
Reported activities
Distribution
Registry status
Reported on Form EIA-861 for 2024
North Carolina today
Residential (June 2026)14.74c
Commercial10.51c
Industrial7.87c
North Carolina electricity rate page ->All utilities in North Carolina ->
Energy cost at 10.52c
500 kWh$52.60
750 kWh$78.90
1,000 kWh$105.20
1,500 kWh$157.80

Realised price times usage; fixed charges are already inside the average. Bill calculator ->

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Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].