Wake Electric Membership Corp Rates: Average Bill & Price per kWh
Residential rates for Wake Electric Membership Corp and how they compare to the North Carolina average — 2024 EIA-861 annual data.
Residential customers of Wake Electric Membership Corp average $149.15/month at 13.42¢/kWh — below the North Carolina average of $165.83.
Where Wake Electric Membership Corp rates are heading
Annual residential figures from Form EIA-861, 2019–2024.
| Year | Rate | Avg bill | Res. customers |
|---|---|---|---|
| 2019 | 12.21¢/kWh | $144.37/mo | 44,405 |
| 2020 | 12.24¢/kWh | $140.10/mo | 45,478 |
| 2021 | 12.21¢/kWh | $141.80/mo | 47,700 |
| 2022 | 12.76¢/kWh | $139.71/mo | 50,141 |
| 2023 | 12.53¢/kWh | $136.31/mo | 51,148 |
| 2024 | 13.42¢/kWh | $149.15/mo | 53,268 |
Rate context in North Carolina
Statewide residential price trend (12 months) — context for Wake Electric Membership Corp's 2024 annual figure.
Wake Electric Membership Corp vs its state
Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.
| Measure | Wake Electric Membership Co… | North Carolina (latest month) |
|---|---|---|
| Avg bill | $149.15/mo | $165.83/mo |
| Rate | 13.42¢/kWh | 14.74¢/kWh |
Common questions
How much is the average electric bill with Wake Electric Membership Corp?
Wake Electric Membership Corp residential customers averaged $149.15 per month in 2024 (EIA-861 annual data) — about $1,789.84 per year.
What does Wake Electric Membership Corp charge per kWh?
Wake Electric Membership Corp averaged 13.42¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.
How does Wake Electric Membership Corp compare to the North Carolina average?
Wake Electric Membership Corp bills average $149.15 — lower than the North Carolina average of $165.83 (latest EIA month).
How many customers does Wake Electric Membership Corp serve?
Wake Electric Membership Corp served 53,268 residential customers in 2024, per EIA-861 — one of the largest utilities we track in NC.
Data: Form EIA-861, 2024 annual residential figures for Wake Electric Membership Corp. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.