Wake Electric Membership Corp electricity rates in North Carolina, 2025
Wake Electric Membership Corp’s 56,069 residential customers paid an average of 14.29¢ per kWh in 2025, 2% above the North Carolina average of 14.00¢. The typical home used 1,122 kWh a month, for an average bill of $160.
- 14.29¢avg ¢/kWh (2025)+0.86¢ (+6.4%) vs 2024
- $160Avg monthly billNorth Carolina: $146
- 1,122 kWhAvg monthly useNorth Carolina: 1,044 kWh
- 56,069Residential customersFull-service utility
| Sector | Customers | Sales (MWh) | Revenue | ¢/kWh 2025 | ¢/kWh 2024 | Change |
|---|---|---|---|---|---|---|
| Residential | 56,069 | 755,003 | $107,864,000 | 14.29¢ | 13.42¢ | +0.86¢ (+6.4%) |
| Commercial | 2,915 | 128,959 | $14,736,000 | 11.43¢ | 11.14¢ | +0.29¢ (+2.6%) |
| Industrial | 3 | 49,011 | $2,445,000 | 4.99¢ | 4.73¢ | +0.26¢ (+5.4%) |
| All sectors | 58,987 | 932,973 | $125,045,000 | 13.40¢ | 12.62¢ | +0.78¢ (+6.2%) |
How Wake Electric Membership Corp compares
- North Carolina residential average, 2025: 14.00¢ per kWh, 1,044 kWh a month, $146 average bill. U.S. average: 17.23¢, 874 kWh, $151.
- Among 51 full-service utilities in North Carolina with at least 1,000 residential customers, Wake Electric Membership Corp ranks 31 of 51 from lowest to highest average price.
- Latest monthly figure: North Carolina homes paid 14.95¢ per kWh in August 2026 (preliminary), against 14.59¢ in August 2025. Summer months often run higher than the annual average.
- From 2024 to 2025 this average rose 6.4%; the state average fell 1.0%.
- Wake Electric Membership Corp is an electric cooperative, owned by the members it serves; its board sets rates. Balancing authority: CPLE.
Where Wake Electric Membership Corp serves
EIA lists 7 North Carolina counties in its 2025 service territory: Durham, Franklin, Granville, Johnston, Nash, Vance, Wake.
26 ZIP codes are matched to Wake Electric Membership Corp in NREL’s 2024 ZIP file: 27507, 27522, 27525, 27537, 27542, 27544, 27545, 27549, 27557, 27560, 27565, 27571, 27576, 27587, 27591, 27596, 27597, 27604, 27613, 27614, 27616, 27617, 27697, 27703, 27704, 27807. Utility boundaries do not follow ZIP lines, so a ZIP can have more than one provider.
North Carolina full-service utilities with similar rates
| Provider | ¢/kWh | Avg bill | Customers |
|---|---|---|---|
| City of Lumberton (NC) | 13.86¢ | $114 | 9,938 |
| Union Electric Membership Corp (NC) | 13.92¢ | $170 | 86,852 |
| Town of Tarboro (NC) | 13.93¢ | $135 | 5,520 |
| Lumbee River Elec Member Corp | 14.32¢ | $194 | 65,422 |
| South River Elec Member Corp | 14.56¢ | $190 | 46,422 |
| City of New Bern (NC) | 14.76¢ | $156 | 21,545 |
| Blue Ridge Mountain EMC (GA) | 14.78¢ | $142 | 16,040 |
| Blue Ridge Elec Member Corp (NC) | 14.92¢ | $135 | 72,320 |
Sources
- U.S. Energy Information Administration, Annual Electric Power Industry Report, Form EIA-861, 2025 final data (f8612025.zip, file dated October 7, 2026): Sales to Ultimate Customers, Average Monthly Bill and Service Territory tables.
- EIA Form EIA-861, 2024 final data (f8612024.zip, file dated December 4, 2025), for the 2024 comparison.
- EIA Electric Power Monthly, Table 5.6.A (average price by state, August 2026 and August 2025; 2026 values are preliminary), file dated October 22, 2026.
- National Renewable Energy Laboratory via OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zipcode (2024) (investor-owned and other utilities, files dated November 10, 2025), used only to match ZIP codes to utilities.
Average price = residential revenue ÷ residential kWh sold, as reported to EIA. It includes fixed monthly charges, taxes passed through in revenue and seasonal tiers, averaged over the year. Your own rate depends on your tariff and usage.
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