WattBuy’s Guide toElectricity in
Electricity in
Wake Forest
North Carolina
North Carolina
Here's the average monthly bill, usage, and carbon footprint of residents in Wake Forest
January
$232February
$131March
$122April
$98lowestMay
$120June
$206July
$239highestAugust
$215September
$209October
$120November
$137December
$145Carbon Emissions
905 lbs CO₂
Monthly Usage
1,156 kWh
Wake Forest's energy comes from Natural Gas, Nuclear, Coal, Solar, and Hydroelectric. Natural Gas is the largest source of electricity, providing 47% of Wake Forest's energy. Nuclear is the second largest source, making up 28%. Coal provides 11% of the energy in Wake Forest. Solar provides 10% of the energy in Wake Forest. Hydroelectric provides 3% of the energy in Wake Forest.
47%
Natural Gas
28%
Nuclear
11%
Coal
10%
Solar
3%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
777 kWh
Energy generated by average sized system
$19,484
Average system cost
(after federal incentive)
12 years
Payback period
Net metering policies in Wake Forest can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
| incentive | savings | utility | |
| Heat Pump Water Heaters | $750 | Dominion Energy South Carolina, Inc | See Details |
| Heat Pump Water Heaters | $350 | Duke Energy Carolinas | See Details |
| Light Bulbs | Varies | Duke Energy Carolinas | See Details |
| Central Air Conditioning - Single Package | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Air-Source Heat Pump - Single Package | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Light Fixtures | Varies | Duke Energy Carolinas | See Details |
| Air-Source Heat Pump - Split Systems | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Light Bulbs | Varies | Dominion Energy South Carolina, Inc | See Details |
| Central Air Conditioning - Split Systems | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
Duke Energy Carolinas - North Carolina has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service Electric Water Heating and Space Conditioning | Fixed | 11¢ to 12¢ |
| Residential Service, Energy Star(Standard) | Fixed | 12¢ |
| Residential Service | Fixed | 13¢ |
| Residential Service, Energy Star (All-Electric) | Fixed | 11¢ to 12¢ |
Wake Electric Membership Corp has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service with Electric Vehicle- Single Phase | TOU | 9¢ to 11¢ |
| RESIDENTIAL TIME-OF-USE SERVICE Three-Phase | TOU | 8¢ to 28¢ |
| Residential Service -Three Phase | Fixed | 11¢ |
| Residential Time Of Use + Electric Vehicle - Single Phase | TOU | 5¢ to 24¢ |
| Residential Service with Electric Vehicle- Three Phase | TOU | 9¢ to 11¢ |
| Residential Service Single-Phase | Fixed | 11¢ |
| Residential Time of Use- Three Phase | TOU | 8¢ to 27¢ |
| Residential Time Of Use + Electric Vehicle - Three Phase | TOU | 5¢ to 24¢ |
| Residential Time Of Use- Single Phase | TOU | 8¢ to 27¢ |
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