Electricity Rates in Apex, NC
Residents of Apex, NC benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Duke Energy Progress - (NC) being the largest.
Electricity Providers in Apex
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Progress - (NC) | 16.0¢/kWh | 11.0¢/kWh | Investor Owned |
| Town of Apex- (NC) | 11.0¢/kWh | 14.0¢/kWh | Municipal |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Apex
At 13.0¢/kWh, a typical Apex household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Apex
Charging an electric vehicle at home in Apex costs approximately $117.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in North Carolina
Frequently Asked Questions
What is the average electricity rate in Apex, NC?
The average residential electricity rate in Apex, NC is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Apex?
Apex is served by 2 electricity providers. Duke Energy Progress - (NC) is the largest provider in the area, though rates and availability vary by specific address.
How do Apex electricity rates compare to the rest of North Carolina?
Apex's average rate of 13.0¢/kWh is 13.3% below the North Carolina state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.