Are you thinking about solar? Wake Electric supports renewable energy efforts and has developed a program for members who wish to generate their own electricity. Learn more about solar and this program below!
No, Wake Electric manages the distribution electric system serving its members and does not install residential generation at this time.
Wake Electric’s goal is to provide an easy process for local professional installers to interconnect at our member’s home or business.
The interconnection agreement can be found on our website by clicking here.
- There are no fees to apply with the Interconnection Agreement.
- For systems less than 25 kW there is no additional monthly fee.
- For systems of 25 kW to 100 kW there is a $7.50 fee added to the monthly facilities charge.
- For systems of 100 kW to 500 kW there is a $75.00 fee added to the monthly facilities charge.
- Charges for systems greater than 500 kW will be treated as a special case and will be negotiated by our power supply association, NCEMC.
- Most meters on the Wake Electric system are capable of measuring electricity in two directions.
- Electricity supplied from the utility to the member’s home or business.
- Electricity generated by the member and delivered back to the utility grid.
- Any electricity generated that is consumed by the member does not get metered because that electricity is being used on the premises and does not pass through the meter.
- Net metering functionality is not standard on non-renewable locations, but the meter can be re-programmed once the renewable generation has been installed and inspected by the appropriate authorities (town, county, etc.).
- Yes, Wake Electric offers a modified net metering rate for all installations since 2016.
- Wake Electric offers our avoided cost rate for all electricity delivered back to the utility grid.
- Members will see two line items on their bill.
- A quantity of electricity delivered from the utility to the member (charge).
- A quantity of electricity generated by the member and delivered back to the utility grid (credit).
- Avoided cost is the rate at which Wake Electric can purchase electricity from alternative sources (nuclear, natural gas, etc.) at various times of the day.
- Wake Electric’s wholesale costs change throughout the day, but our regular retail rate helps us manage the market fluctuations throughout the day.
- Wake Electric’s wholesale costs are higher in the early evenings of the summer and during early morning hours of the winter when solar is not typically available.
- During the mid-day hours, when solar is available, Wake Electric’s cost for electricity in 2020 is approximately 3.5 cents/kWh – this is the published avoided cost rate for Wake Electric’s modified net metering rate.
- This is a personal decision based on your financial goals which could change significantly if you are installing batteries.
- We would recommend some analysis to maximize the return on investment of a solar system.
- Examine your hourly energy use on our member portal.
- Focus on the energy used between the hours of 10 a.m. and 4 p.m. because those are the hours that the sun is directly over most installations. When the sun is on the horizon, electricity production is greatly diminished.
- Look at months in different seasons, such as January, April, July and November, to see how your energy use changes throughout the year.
- For the most payback, build a system that covers your usage only during those time periods.
- Build a system that sells back as little electricity as possible as the additional cost of installing more panels than you need to power your home is offset by a lower rate.
- At this time, residential batteries are fairly expensive.
- Batteries can provide the homeowner a backup source of power during an outage. It is a common misconception that a solar array can power a home during an outage. Many outages occur as a result of storms which would decrease the sunlight available for your system. Even on a sunny day the solar panel produces direct current (DC) which cannot be used by your home. The direct current produced by your solar array is converted to alternating current (AC) using an inverter which requires power from Wake Electric’s grid. A battery can be used as a direct source of power for your home or it can power your inverter to convert direct current to alternating current and provide power during an outage..
- Batteries also allow a homeowner to store excess power instead of putting back onto the electric grid at our avoided cost rate.
- Once the electricity is stored, the homeowner can use that power at a later time, offsetting our normal rate which is higher than our avoided cost rate.
- You may want to consider our time-of-use (TOU) rate since the stored power could be used during the higher TOU rate periods.
- Wake Electric does not endorse any specific installers and cannot guarantee the results of using these organizations.
- Wake Electric will work with any installer and there are several installers that are familiar with our processes and rates.
- We recommend you ask your installer if they have worked with Wake Electric. If they are not familiar with Wake Electric, we are happy to have a conversation about our process and policies with those installers before you make a commitment.
- Review Rate and Charges for Net Metering/Renewable Generation Credit Rider (Rider “NM-RGC1”).
- Know that: Renewable generation must be manufactured, installed and operated in accordance with governmental and industry standards. Also, the member is responsible for all environmental and other permits required by governmental agencies prior to construction, installation and interconnection of the renewable generation.
- Complete Wake Electric’s Residential and Small Commercial Standard Interconnection Agreement and send to renewableinstalls@wemc.com.
Remember, you can examine your hourly energy use on our member portal. Focus on the energy used between the hours of 10 a.m. and 4 p.m. because those are the hours that the sun is directly over most installations. When the sun is on the horizon, electricity production is greatly diminished.
Look at months in different seasons, such as January, April, July and November, to see how your energy use changes throughout the year. For the most payback, build a system that covers your usage only during those time periods. Build a system that sells back as little electricity as possible as the additional cost of installing more panels than you need to power your home is offset by a lower rate.
If you have questions, call Wake Electric at 1.800.474.6300 or 919.863.6300 or email at renewableinstalls@wemc.com.