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 Name | Rate Type | Cost Per kWh |
Residential Time Of Use- Single Phase | TOU | 8¢ to 27¢ |
Residential Service Single-Phase | Fixed | 11¢ |
Residential Service with Electric Vehicle- Three Phase | TOU | 9¢ to 11¢ |
Residential Time Of Use + Electric Vehicle - Single Phase | TOU | 5¢ to 24¢ |
Residential Time of Use- Three Phase | TOU | 8¢ to 27¢ |
RESIDENTIAL TIME-OF-USE SERVICE Three-Phase | TOU | 8¢ to 28¢ |
Residential Service -Three Phase | Fixed | 11¢ |
Residential Service with Electric Vehicle- Single Phase | TOU | 9¢ to 11¢ |
Residential Time Of Use + Electric Vehicle - Three Phase | TOU | 5¢ to 24¢ |
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.
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