Wake Electric Membership Corp Electricity Rates

Phone

919.863.6499 or toll free 800.743.3155

Wake Electric Membership Corp Rates

The average electricity rate for Wake Electric Membership Corp customers is 12.21 cents/kWh. Wake Electric Membership Corp has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
Residential Time Of Use- Single PhaseTOU8¢ to 27¢
Residential Service Single-PhaseFixed11¢
Residential Service with Electric Vehicle- Three PhaseTOU9¢ to 11¢
Residential Time Of Use + Electric Vehicle - Single PhaseTOU5¢ to 24¢
Residential Time of Use- Three PhaseTOU8¢ to 27¢
RESIDENTIAL TIME-OF-USE SERVICE Three-PhaseTOU8¢ to 28¢
Residential Service -Three PhaseFixed11¢
Residential Service with Electric Vehicle- Single PhaseTOU9¢ to 11¢
Residential Time Of Use + Electric Vehicle - Three PhaseTOU5¢ to 24¢

Wake Electric Membership Corp Reliability

In 2021, the average Wake Electric Membership Corp customer lost electricity one time for a duration of 82 minutes. In total, the average Wake Electric Membership Corp customer had their electricity out for about 93 minutes during the whole year.

Netmetering

Residential systems installed prior to October 1, 2023 and all non-residential systems: Credited to customer's next bill at retail rate; granted to utility at beginning of summer billing season Residential systems installed on or after October 1, 2023: Monthly net excess generation credited at the avoided cost rate

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