Electric companies in Wake County, North Carolina
Wake County, NC ranks 1 of 100 North Carolina counties for heat wave risk, FEMA score 96.9. Wake County in North Carolina has 1,151,009 residents and 4 utilities listed by EIA, with home prices of 10.52 to 15.54 cents per kWh.
Wake County on the map
Wake County darker: more storm events
Outage risk in Wake County
Wake County, NC, NWS storm events 2015 to 2025: 367 in all, 31.9 per 100,000 residents of 1,151,009, rank 1 of 100 North Carolina counties. Property damage in Wake County, NC: $8.8M, with 6 direct injuries or deaths.
Events by year in Wake County, NC
events a year, Wake County, NC
- 14'15
- 28'16
- 14'17
- 32'18
- 50'19
- 50'20
- 13'21
- 64'22
- 25'23
- 36'24
- 41'25
Events by type
| Wake County, NC | FEMA | Score | Rank | Events | Peak | Damage |
|---|---|---|---|---|---|---|
| Wake County, NC, thunderstorm and high wind | Relatively Low | 49.3 | 63 of 100 | 342 | 2022 (62) | $4.0M |
| Wake County, NC, tornado | Relatively High | 95.3 | 3 of 100 | 5 | 2019 (2) | $1.3M |
| Wake County, NC, hurricane and tropical storm | Relatively Moderate | 89.9 | 30 of 100 | 6 | 2018 (2) | $2.5M |
| Wake County, NC, ice storm | Relatively High | 90.2 | 20 of 100 | 0 | none | $0 |
| Wake County, NC, winter storm and heavy snow | Relatively Moderate | 84.6 | 29 of 100 | 9 | 2015 (2) | $1.0M |
| Wake County, NC, heat wave | Relatively High | 96.9 | 1 of 100 | 5 | 2025 (5) | $0 |
Facts about Wake County
- Residents of Wake County, NC, ACS 2023
- 1,151,0091 of 100 North Carolina counties
- Households in Wake County, NC
- 445,6362.58 people each
- Owner-occupied homes in Wake County, NC
- 64.4%287,109 owner and 158,527 renter households
- Median household income in Wake County, NC
- $101,7631 of 100 North Carolina counties
- Housing units in Wake County, NC
- 481,99936,363 vacant or seasonal, 7.5% of the units
- Homes heated by electricity in Wake County, NC
- 54.9%244,735 homes, 88 of 100 North Carolina counties
- Utilities listed for Wake County, NC
- 44 with a home price: Town of Apex- (NC), Wake Electric Membership Corp, Duke Energy Carolinas, LLC
- Lowest home price in Wake County, NC
- 10.52 ¢/kWhTown of Apex- (NC), 32.3% below the highest
- Highest home price in Wake County, NC
- 15.54 ¢/kWhDuke Energy Progress
- Monthly bill gap in Wake County, NC
- $51between the two at 1,015 kWh, $612 a year, 0.60% of the Wake County, NC median income
- ZIP areas touching Wake County, NC
- 3527502 to 27697
- Outage-linked storm events in Wake County, NC
- 367NWS storm events, 2015 to 2025
- Homes built before 1980 in Wake County, NC
- 18.8%median year built 1999
- Flood claims in Wake County, NC
- 356NFIP 2015 to 2025, $9.4M paid
- Home energy burden in Wake County, NC
- 1.4%$1,305 a year on electricity (DOE LEAD)
Electric utilities in Wake County
| Utility listed for Wake County, NC | Type | Home price ¢/kWh | Yearly bill at 1,015 kWh | Share of Wake County, NC median income of $101,763 |
|---|---|---|---|---|
| Town of Apex- (NC) in Wake County, NC | Municipal | 10.52 | $1,281 | 1.26% |
| Wake Electric Membership Corp in Wake County, NC | Cooperative | 13.42 | $1,636 | 1.61% |
| Duke Energy Carolinas, LLC in Wake County, NC | Investor Owned | 13.94 | $1,698 | 1.67% |
| Duke Energy Progress in Wake County, NC | Investor Owned | 15.54 | $1,894 | 1.86% |
Prices are statewide utility averages, not a county price.
Bill and heat pump calculator, Wake County
Compare Wake County with its neighbours
- Durham County sits 16 miles northwest of Wake County, NC with 329,405 residents, 134 storm events, median home built 1993, energy burden 1.6%, income $79,501.
- Franklin County sits 25 miles northeast of Wake County, NC with 71,962 residents, 124 storm events, median home built 1995, energy burden 2.9%, income $71,386.
- Johnston County sits 27 miles southeast of Wake County, NC with 226,623 residents, 211 storm events, median home built 1999, energy burden 2.5%, income $79,838.
- Granville County sits 33 miles north of Wake County, NC with 61,439 residents, 83 storm events, median home built 1990, energy burden 2.7%, income $70,975.
- Orange County sits 29 miles northwest of Wake County, NC with 147,292 residents, 155 storm events, median home built 1989, energy burden 1.4%, income $88,553.
Housing and heating in Wake County
Wake County, NC: 90,508 of 481,999 homes were built before 1980 and 230,297 in 2000 or later. Wake County, NC has 282,172 detached houses, 115,191 homes in 5+ unit buildings, 13,096 mobile homes, and 158,527 of 445,636 households rent.
Age of homes in Wake County, NC
% of homes by decade built, Wake County, NC
- 2pre-40
- 140s
- 350s
- 560s
- 870s
- 1480s
- 1990s
- 2400s
- 2110s
- 320+
Heating fuel in Wake County, NC
| Wake County, NC | Value | State median | Gap | Rank |
|---|---|---|---|---|
| Wake County, NC, median year built | 1999 | 1985 | +14 years | 2 of 100 |
| Wake County, NC, built before 1980 | 18.8% | 42.0% | -23.2 points | 99 of 100 |
| Wake County, NC, built 2000 or later | 47.8% | 24.6% | +23.1 points | 2 of 100 |
| Wake County, NC, detached houses | 58.5% | 69.0% | -10.4 points | 93 of 100 |
| Wake County, NC, apartments in 5+ unit buildings | 23.9% | 4.2% | +19.7 points | 4 of 100 |
| Wake County, NC, mobile homes | 2.7% | 17.7% | -15.0 points | 98 of 100 |
| Wake County, NC, renter households | 35.6% | 27.2% | +8.3 points | 20 of 100 |
| Wake County, NC, median home value | $422,800 | $205,300 | +$217,500 | 3 of 100 |
| Wake County, NC, median gross rent a month | $1,508 | $860 | +$648 | 2 of 100 |
| Wake County, NC, people per household | 2.54 | 2.41 | +0.13 | 22 of 100 |
Cost of living with electricity in Wake County
Wake County, NC: electricity $1,305 a year per home (DOE LEAD), all home energy $1,810, 1.4% of $124,737 income. 430,497 households in Wake County, NC spend about $561.8 million a year on electricity and $779.2 million on all home energy. Lower-income homes in Wake County, NC ($20,450 a year) spend 7.2% of income, 5.0 times the all-home figure.
Energy burden in Wake County, NC
| Wake County, NC | Homes | Income | Power | Gas | Other | Burden |
|---|---|---|---|---|---|---|
| Wake County, NC, all households | 430,497 | $124,737 | $1,305 | $492 | $13 | 1.4% |
| Wake County, NC, lower income | 71,061 | $20,450 | $1,158 | $299 | $22 | 7.2% |
| Wake County, NC, owners | 276,942 | $155,439 | $1,461 | $675 | $17 | 1.4% |
| Wake County, NC, renters | 153,555 | $69,365 | $1,024 | $162 | $5 | 1.7% |
Flood claims and flood insurance in Wake County
Wake County, NC: 356 NFIP flood claims in 2015 to 2025, $9.4M paid, median paid claim $11,850.
2,790 of 338,927 residential structures in Wake County, NC carry an NFIP contract. 3,299 NFIP policies of any type were in force in Wake County, NC on 8 Sep 2026. Wake County, NC lists 149 repetitive-loss properties, 26 of them severe repetitive loss.
Wake County, NC: claims history, not an outage count.
Flood claims by year in Wake County, NC
flood claims a year, Wake County, NC
- <5'15
- 182'16
- 43'17
- 39'18
- 15'19
- 24'20
- 17'21
- 8'22
- <5'23
- 14'24
- 7'25
| Wake County, NC | Value | Median county | Rank |
|---|---|---|---|
| Wake County, NC, claims 2015-2025 | 356 | — | 22 of 90 |
| Wake County, NC, paid 2015-2025 | $9.4M | — | 27 of 90 |
| Wake County, NC, median paid claim | $11,850 | — | — |
| Wake County, NC, claims per 1,000 homes | 1.1 | 3.3 | 67 of 90 |
| Wake County, NC, homes with flood insurance | 0.8% | 0.8% | 48 of 100 |
| Wake County, NC, policies in force | 3,299 | — | — |
| Wake County, NC, repetitive-loss properties | 149 | — | — |
Wake County, NC: OpenFEMA NFIP, claims as of 8 Sep 2026, insured share as of 3 Aug 2026; counts under 5 are hidden.
Wake County: flood claims by state, flood hub.
Analyst note on Wake County
Wake County, NC counts 1,151,009 residents in 445,636 households. Household income in Wake County, NC is $101,763; 287,109 of its 445,636 households own. Wake County, NC touches 35 ZIP areas, 27502 to 27697, about 32,886 residents each.
244,735 of the 445,636 homes in Wake County, NC heat with electricity. Wake County, NC has 481,999 housing units, 36,363 (7.5%) vacant or seasonal, and 158,527 rented homes. Wake County, NC logged 367 storm events for its 1,151,009 residents.
The median home in Wake County, NC dates from 1999. Homes in Wake County, NC pay $1,305 a year for electricity. Wake County, NC home prices run Town of Apex- (NC) to Duke Energy Progress, $51 a month apart at 1,015 kWh.
Cities in Wake County
- Raleigh electricity rates470,763 residents
- Cary electricity rates176,686 residents
- Apex electricity rates67,765 residents
- Wake Forest electricity rates51,199 residents
- Holly Springs electricity rates43,429 residents
- Fuquay-Varina electricity rates37,749 residents
- Garner electricity rates32,543 residents
- Morrisville electricity rates30,471 residents
ZIP codes in Wake County
- 27502
- 27511
- 27513
- 27518
- 27519
- 27523
- 27526
- 27529
- 27539
- 27540
- 27545
- 27560
- 27562
- 27571
- 27587
- 27591
- 27592
- 27597
- 27601
- 27603
- 27604
- 27605
- 27606
- 27607
- 27608
- 27609
- 27610
- 27612
- 27613
- 27614
- 27615
- 27616
- 27617
- 27695
- 27697
North Carolina: home prices since 2001, planned plants.
Questions on Wake County
Wake County, NC: what do homes pay for electricity?
Wake County, NC homes paid 10.52 to 15.54 cents per kWh in 2024 across 4 listed utilities: $107 to $158 a month at 1,015 kWh, 1.26% to 1.86% of Wake County, NC income.
Wake County, NC: how many homes heat with electricity?
Wake County, NC: 244,735 of 445,636 occupied homes, 54.9%, rank 88 of 100.
Wake County, NC: median household income?
$101,763 in Wake County, NC, rank 1 of 100; 1,151,009 residents, 445,636 households.
Wake County, NC: outage-linked storms since 2015?
Wake County, NC: 367 NWS events, peak year 2022.
Wake County, NC: flood insurance claims since 2015?
Wake County, NC: 356 NFIP flood claims, $9.4M paid, 1.1 per 1,000 homes, 0.8% of homes insured.
How old are the homes in Wake County, NC?
Wake County, NC: median home built 1999; 18.8% predate 1980, 58.5% detached, 23.9% in 5+ unit buildings.
Wake County, NC: share of income for energy?
Wake County, NC homes spend $1,305 a year on electricity, $1,810 on all energy: 1.4% of $124,737; 7.2% for lower incomes.