CutYourElectric

Electricity rates in Wake Forest, NC

Typical rate
13.94¢
Duke Energy Carolinas
Est. monthly bill
$139
996 kWh/month
vs. North Carolina
-6%
state 14.77¢
Outage time (2025)
16 hr 33 min
Wake County avg

Wake Forest (38,199 people, Wake County) is served by 3 electric utilities. Homes on Duke Energy Carolinas pay about 13.94¢/kWh, 6% less than the North Carolina average.

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Electric companies serving Wake Forest

UtilityTypeRateAvg billHomes (statewide)Outage min
Duke Energy CarolinasInvestor-owned utility13.94¢$1391.96M216
Duke Energy ProgressInvestor-owned utility16.45¢$1721.38M183
Wake Electric Membership Corp.Electric cooperative15.05¢$16956K211

Power outages in Wake County right now

Checking live outages…

Outage history in Wake County

20242025
Outage minutes per customer1,102993
Days with outages185210
Most customers out at once18,768 (40.3%)12,876 (27.6%)
Worst day2024-01-102025-06-25

Outage minutes by month, 2025

  • Jan56
  • Feb84
  • Mar57
  • Apr84
  • May106
  • Jun171
  • Jul144
  • Aug68
  • Sep42
  • Oct70
  • Nov42
  • Dec69

Less outage time than 2024 (1,102 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.

Nearby cities

ZIP codes: 27587, 27588

Frequently asked questions

What is the electricity rate in Wake Forest?

Most homes in Wake Forest get power from Duke Energy Carolinas, where residential customers pay an average of 13.94¢/kWh including all charges. The North Carolina average is 14.77¢ and the U.S. average 17.99¢. Other utilities serving parts of Wake Forest: Duke Energy Progress (16.45¢), Wake Electric Membership Corp. (15.05¢).

What is the average electric bill in Wake Forest?

About $139 a month, based on 996 kWh a month (the average for Duke Energy Carolinas customers) at 13.94¢/kWh. Homes with electric heat, pools or EVs pay more.

Who is the electric company in Wake Forest, NC?

3 utilities serve Wake Forest's ZIP codes: Duke Energy Carolinas, Duke Energy Progress, Wake Electric Membership Corp.. Which one serves you depends on your street address.

How often does the power go out in Wake Forest?

In 2025, customers in Wake County averaged 16 hr 33 min without power. Outages hit 210 days of the year, and the worst day was 2025-06-25, when 12,876 customers (27.6%) were out. Source: ORNL EAGLE-I.