Town of Apex and solar
Town of Apex is a municipal utility serving about 29,754 homes in North Carolina. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
- Average price (2026 est.)
- 17.6¢19% above North Carolina average
- Typical bill
- $134762 kWh a month
- Exports credited
- ~20%Net billing (reduced export credit)
- Typical payback
- 12.6 yrs6.5 kW, cash
Export rules for Town of Apex customers
Net billing (reduced export credit) (North Carolina rule).
Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.
Solar for a typical Town of Apex home
| System | 6.5 kW (100% of 762 kWh/month) |
|---|---|
| Cost | $18,775 |
| First-year savings | $1,508 |
| Payback | 12.6 years |
| 25-year net | $22,813 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 1,091
- Share of customers
- 3.7%
- Residential solar capacity
- 9 MW
- Residential customers
- 29,754
EIA-861, 2025.
Questions about Town of Apex and solar
Does Town of Apex have net metering?
Town of Apex follows North Carolina's rules: Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.
How much does electricity cost with Town of Apex?
Residential customers paid an average of 16.7¢ per kWh in 2025 (EIA), about 17.6¢ adjusted to 2026. The typical home uses 762 kWh a month, a bill of about $134.
Is solar worth it with Town of Apex?
For a typical customer, solar is worth it: a 6.5 kW system costing about $18,775 pays back in about 12.6 years, with $22,813 net over 25 years.
How many Town of Apex customers have solar?
About 1,091 homes had net-metered solar at the end of 2025, roughly 3.7% of residential customers (EIA-861).
Legal name: Town of Apex- (NC) (EIA ID 719). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.