Town of Wake Forest - (NC)
Municipal electric utility · North Carolina · #1,207 of 3,199 U.S. utilities by customers · EIA utility #19974
Town of Wake Forest - (NC) is a municipal electric utility serving 8,774 customers in North Carolina. In 2025 it sold 176 gigawatt-hours of electricity for $25.16M in revenue, an average realized rate of 14.33¢ per kWh across all customer classes and — per kWh for residential customers. Its reported service territory covers 1 counties.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Total | 8,774 | 176 | $25.16M | 14.33¢ |
Average realized rate = revenue divided by sales as reported on EIA Form 861. It blends fixed charges, demand charges and riders into one per-kWh figure; it is not the utility's tariff rate. Estimated residential bill assumes the average residential customer's actual 2025 usage (— kWh/month).
This utility files the EIA-861S short form, which reports totals only - no breakdown by customer class is published for it.
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 6,660 | 156 | $20.38M | — |
| 2022 | 6,904 | 157 | $20.69M | — |
| 2023 | 7,213 | 157 | $21.47M | — |
| 2024 | 7,552 | 170 | $24.62M | — |
| 2025 | 8,774 | 176 | $25.16M | — |
Meters & rooftop solar (2025)
Smart (AMI) meters: 100.0% of 8,774 meters
Counties served
Wake, NC
Other large utilities in North Carolina
- Duke Energy Carolinas, LLC - 2,962,438 customers, residential 13.43¢
- Duke Energy Progress - (NC) - 1,782,155 customers, residential 15.07¢
- EnergyUnited Elec Member Corp - 145,028 customers, residential 11.61¢
- Brunswick Electric Member Corp - 118,326 customers, residential 13.34¢
- Union Electric Membership Corp - (NC) - 90,148 customers, residential 13.92¢
- Jones-Onslow Elec Member Corp - 85,801 customers, residential 13.39¢
- Fayetteville Public Works Commission - 85,088 customers, residential 12.14¢
- Blue Ridge Elec Member Corp - (NC) - 81,175 customers, residential 14.92¢
All North Carolina utilities and rates
Source: U.S. Energy Information Administration, Form EIA-861 2025 (filed by the utility; figures as published). Utility #19974 in the EIA frame.