Town of Apex electricity rates
Municipal utility · North Carolina · SERC region
Town of Apex is a city-owned municipal utility, governed locally rather than by the state commission, serving 29,754 homes in North Carolina. Its residential customers pay an average of 17.61¢/kWh including fixed and delivery charges, 2% less than the U.S. average.
Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend.
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Town of Apex bill estimates
| Monthly use | At average all-in rate |
|---|---|
| 500 kWh | $88.05 |
| 1,000 kWh | $176.10 |
| 1,500 kWh | $264.15 |
| 2,000 kWh | $352.20 |
Town of Apex residential rate plans
| Plan | Effective | Customer charge | Energy charges |
|---|---|---|---|
| Residential Servicetime-of-use | 2014-07-01 | $9.49 | 10.5¢ (12am–12am) — summer weekdays |
| Residential Time Of Use Servicetime-of-use | 2014-07-01 | $20.32 | 26.2¢ (1pm–6pm) · 5.5¢ (12am–1pm, 6pm–12am) — summer weekdays |
Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.
Town of Apex rate history
2015–2025: +61% change in the average residential rate (10.38¢ → 16.72¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | Town of Apex | North Carolina avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 45 | 195 | 266 |
| Outages per customer (SAIFI) | 0.30 | 1.38 | 1.34 |
| Average restoration time (CAIDI) | 2 hr 29 min | — | — |
| Outage minutes excluding major storms | 12 | 139 | 121 |
Outages in counties served (2025)
From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Town of Apex's counties, customers averaged 16 hr 33 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Wake | 993 | 210 | 12,876 | 2025-06-25 |
Town of Apex service area
Town of Apex serves Wake County in North Carolina and 1 ZIP codes.
Wake
Cities: Apex
Programs, smart meters & solar
| Smart meters (AMI) for homes | 48% |
| Time-based rate programs | Time-of-use rates |
| Homes on time-based rates | 43 |
| Net-metered solar homes | 1,091 |
Town of Apex at a glance
| Ownership | Municipal utility |
| Services | Distribution |
| Commercial rate | 10.83¢/kWh |
| Retail revenue (2025) | $62,967,100 |
| Electricity sold (2025) | 442,043 MWh |
| Peak demand | 139 MW summer · 76 MW winter |
| Balancing authority | CPLE |
| EIA utility ID | 719 |
Other utilities in North Carolina
Frequently asked questions
What is Town of Apex's electricity rate?
Town of Apex residential customers pay an average of 17.61¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 19% above the North Carolina average of 14.77¢ and 2% below the U.S. average.
What is the average Town of Apex electric bill?
About $134 a month. The average Town of Apex home uses 762 kWh a month. At 1,000 kWh the bill would be about $176.
How many customers does Town of Apex have?
Town of Apex serves 29,754 residential customers and 31,907 customers in total in North Carolina, across 1 county.
How reliable is Town of Apex?
In 2025, the average Town of Apex customer was without power for 45 min (SAIDI) over 0.30 interruptions (SAIFI), including major storms. Excluding major event days it was 12 min. The North Carolina average was 3 hr 15 min and the U.S. average 4 hr 26 min.
Does Town of Apex offer time-of-use rates?
Yes. The OpenEI rate database lists 2 time-of-use residential plans, including Residential Service. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.
Does Town of Apex offer net metering for solar?
Town of Apex had 1,091 residential net-metered customers in 2025 with 8.7 MW of capacity. Estimate solar savings at this utility's rate.
Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Town of Apex before making decisions.