14.29¢
per kWh, 2025
[ Wake Electric Membership / NC ]
Wake Electric Membership electricity rates in North Carolina
NO RATE CASE ON FILE · DATA 2025
change in average rate, 2024→2025
+6.5%
vs 2024
56,069
residential customers
+16.8%
since 2020
What your bill becomes
Bill today
No change on file
Difference / month · / year
Estimated at Wake Electric Membership's average effective residential rate (14.29¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 12.55¢ | — | 37,336 |
| 2016 | 12.47¢ | −0.6% | 38,909 |
| 2017 | 12.56¢ | +0.7% | 40,963 |
| 2018 | 12.48¢ | −0.6% | 42,833 |
| 2019 | 12.21¢ | −2.2% | 44,405 |
| 2020 | 12.24¢ | +0.3% | 45,478 |
| 2021 | 12.21¢ | −0.3% | 47,700 |
| 2022 | 12.76¢ | +4.5% | 50,141 |
| 2023 | 12.53¢ | −1.8% | 51,148 |
| 2024 | 13.42¢ | +7.1% | 53,268 |
| 2025 | 14.29¢ | +6.5% | 56,069 |
How this compares
14.00¢
North Carolina average, 2025
+2.1%
Wake Electric Membership vs NC 2025 average
−17.1%
vs US 2025 average
#22
priciest in NC
Serves 7 counties in North Carolina: Durham, Franklin, Granville, Johnston, Nash, Vance, Wake. 26 ZIP codes.
Questions
Is Wake Electric Membership raising rates in 2026?
No rate case for Wake Electric Membership is on file with the North Carolina Utilities Commission in our tracker. Its average residential rate moved +6.5% from 2024 to 2025. We check the commission docket monthly.
What does Wake Electric Membership charge per kWh?
Wake Electric Membership's average effective residential rate was 14.29¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). North Carolina's 2025 average was 14.00¢.
How much have Wake Electric Membership rates gone up in five years?
+16.8% between 2020 and 2025, against +33.2% for North Carolina as a whole over the latest five-year window.
How many customers does Wake Electric Membership have in North Carolina?
56,069 residential customers in 2025, across 7 counties including Durham, Franklin, Granville, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey; rate-case facts are from the North Carolina Utilities Commission docket linked on this page. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)