![]() FINDENERGY is a comparison and research website that does not directly offer any energy related products.Ĭopyright © 2022 - 2023 Find Energy LLC. All trademarks remain the property of their respective owners, and are used by FINDENERGY only to describe products and services offered by each respective trademark holder. This data is not always in agreement with annually released government data due to differences in calculation methods and time periods. Wake Electric provides reliable, safe, and affordable energy. Additionally, this data is compiled using known ownership relationships between power plants and electricity providers, while some of these relationships remain unknown. Commercial & Residential Construction North Carolina, United States 28 Employees. ![]() These 12 month periods may vary from provider to provider and from power plant to power plant, as some entities are required to report on a rolling monthly basis others report on an annual basis. Unless otherwise noted, all data is a compilation of the most recent 12 months of government released data. The provider does not have ownership in any electricity facilities and all of the power that they sell to their consumers must be purchased wholesale from other companies.ĭisclaimer: The data displayed on this page may be incomplete or incorrect. Customers of the company are stuck with a 7.56% higher bill compared to other residents of the country. The average monthly residential electricity bill for a consumer of Wake Electric is $ 141.8 per month. Their revenue in 2021 from electricity related activities was $ 98, 722, 000, with $ 96, 498, 000 coming from retail sales to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 877, 115 acquired by the company. In 2021 the company had retail sales of 833, 223 megawatt hours. Wake Electric bills their patrons a residential electricity rate of 12.21 cents per kilowatt hour on average, which is 5.18% more than the state's average price of 11.61 cents and 17.69% more than the nationwide average of 14.84 cents. The company recently reported a total of 4 industrial customer accounts, 2, 645 commercial customer accounts and 47, 700 residential customers, which makes up the whole of their customer base. Wake Electric is headquartered in Wake Forest, North Carolina and provides electricity in 16 cities in the state.
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