Electricity Rates in Iowa (August 2026)

The average residential rate is 17.06¢/kWh — that's about $149/month for a typical household.

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

#29

out of 51 states (1 = cheapest)

$149/mo

based on 872 kWh average monthly usage

6.1%below

the national average of 18.16¢/kWh

9.5%up

over the past 12 months

Rates by Sector

SectorRate (¢/kWh)vs NationalAvg Monthly UsageAvg Monthly Bill
Residential17.06¢/kWh-6.1%872 kWh$149
Commercial14.15¢/kWh-2.2%4,428 kWh$627
Industrial9.31¢/kWh-3.4%334,696 kWh$31,176
National Avg — Residential18.16¢/kWh—1,152 kWh$209
National Avg — Commercial14.47¢/kWh—7,661 kWh$1,108
National Avg — Industrial9.64¢/kWh—81,834 kWh$7,890

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

100 customers currently without power in Iowa

Frequently Asked Questions

The average residential electricity rate in Iowa is 17.06¢ per kWh. Commercial customers pay an average of 14.15¢ per kWh and industrial customers pay 9.31¢ per kWh.

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