Electricity Rates in Iowa (June 2026)

The average residential rate is 15.93¢/kWh — that's about $136/month for a typical household.

Source: U.S. Energy Information Administration. Data as of June 2026.

#23

out of 51 states (1 = cheapest)

$136/mo

based on 856 kWh average monthly usage

13.1%below

the national average of 18.34¢/kWh

3.9%up

over the past 12 months

Rates by Sector

SectorRate (¢/kWh)vs NationalAvg Monthly UsageAvg Monthly Bill
Residential15.93¢/kWh-13.1%856 kWh$136
Commercial12.79¢/kWh-9.9%4,448 kWh$569
Industrial8.48¢/kWh-7.5%292,781 kWh$24,838
National Avg — Residential18.34¢/kWh930 kWh$171
National Avg — Commercial14.19¢/kWh6,854 kWh$972
National Avg — Industrial9.17¢/kWh79,069 kWh$7,248

Electricity Providers in Iowa

Type
Service
Service Area
MidAmerican Energy Co
IOU
Bundled
11.01¢/kWh
$87
632,436
Adair, Adams, Audubon+52 more
Interstate Power and Light Co
IOU
Bundled
17.90¢/kWh
$128
417,153
Adair, Adams, Allamakee+81 more
Linn County REC
Co-op
Bundled
14.23¢/kWh
$121
30,323
Benton, Cedar, Iowa+3 more
City of Ames - (IA)
Municipal
Bundled
12.10¢/kWh
$69
24,979
Story
Eastern Iowa Light & Power Coop
Co-op
Bundled
13.56¢/kWh
$154
20,749
Cedar, Clinton, Des Moines+9 more
Cedar Falls Utilities
Municipal
Bundled
10.42¢/kWh
$82
17,772
Black Hawk, Butler, Grundy
Midland Power Coop
Co-op
Bundled
13.60¢/kWh
$191
11,939
Boone, Calhoun, Dallas+14 more
Maquoketa Valley Rrl Elec Coop
Co-op
Bundled
13.76¢/kWh
$146
11,051
Buchanan, Cedar, Clayton+6 more
Board of Water Electric & Communications
Municipal
Bundled
12.63¢/kWh
$102
10,123
Muscatine
Iowa Lakes Electric Coop
Co-op
Bundled
13.78¢/kWh
$199
9,714
Buena Vista, Cherokee, Clay+10 more

Utility data from EIA Form 861, 2024

Power Outages in Iowa

88 customers currently without power in Iowa

Frequently Asked Questions

The average residential electricity rate in Iowa is 15.93¢ per kWh. Commercial customers pay an average of 12.79¢ per kWh and industrial customers pay 8.48¢ per kWh.

Source: U.S. Energy Information Administration. Data as of June 2026. Utility data from EIA Form 861, 2024.

Electricity Rates in Iowa (June 2026) | Average kWh Cost & Bills