[ Town of Apex / NC ]
Town of Apex electricity rates in North Carolina
CITY SETS RATES · DATA 2025
change in average rate, 2024→2025
What your bill becomes
Estimated at Town of Apex's average effective residential rate (16.72¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 10.38¢ | — | 15,365 |
| 2016 | 10.40¢ | +0.2% | 16,350 |
| 2017 | 10.12¢ | −2.7% | 16,934 |
| 2018 | 9.96¢ | −1.6% | 19,690 |
| 2019 | 10.16¢ | +2.0% | 20,526 |
| 2020 | 10.25¢ | +0.9% | 23,377 |
| 2021 | 11.56¢ | +12.8% | 24,585 |
| 2022 | 11.90¢ | +2.9% | 25,332 |
| 2023 | 12.11¢ | +1.8% | 26,550 |
| 2024 | 10.52¢ | −13.1% | 29,289 |
| 2025 | 16.72¢ | +58.9% | 29,754 |
How this compares
Serves 1 county in North Carolina: Wake. 1 ZIP codes.
What the numbers show
Since 2015, Town of Apex's average residential rate has gone from 10.38¢ to 16.72¢ per kWh: +61.1% over 10 years, or about +4.9% a year. It rose in 7 of the 10 years we can compare, and the biggest one-year increase was +58.9% in 2025. The largest drop was −13.1% in 2024.
For a home using 1,044 kWh a month, the North Carolina average, Town of Apex's 2025 rate works out to about $2,095 a year, $341 more than at North Carolina's average rate of 14.00¢. Of the 54 North Carolina utilities in our data with a 2025 price, it is the 4th most expensive.
Town of Apex served 15,365 homes in 2015 and 29,754 in 2025 (+93.7%), under 1% of North Carolina's residential electricity customers.
Who sets Town of Apex's rates
Town of Apex is a municipal utility owned by the local government. The city council or a local utility board sets its rates, usually after a public meeting, and the North Carolina Utilities Commission generally does not.
Commission contact: North Carolina Utilities Commission. How we calculate every figure on this page: methodology.
Questions
Is Town of Apex raising rates in 2026?
Town of Apex's rates are set by the city council or a local utility board, not through a rate case at the North Carolina Utilities Commission, so check its own notices for a change this year. Its average residential rate moved +58.9% from 2024 to 2025.
What does Town of Apex charge per kWh?
Town of Apex's average effective residential rate was 16.72¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). North Carolina's 2025 average was 14.00¢.
How much have Town of Apex rates gone up in five years?
+63.1% between 2020 and 2025, against +33.2% for North Carolina as a whole over the latest five-year window.
How many customers does Town of Apex have in North Carolina?
29,754 residential customers in 2025, across 1 county including Wake, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)
