IowaElectricity Rates & Utility Costs
The average residential electricity rate in Iowa is 15.14¢/kWh, which is around the national average. That's 12.1% lower than the national average.
Residential
15.14¢
per kWh
Commercial
13.27¢
per kWh
Industrial
7.45¢
per kWh
Avg Monthly Bill
$128
residential
Iowa vs National Average
| Metric | Iowa | National Avg | Difference |
|---|---|---|---|
| Residential Rate | 15.14¢/kWh | 17.22¢/kWh | -2.08¢ |
| Monthly Bill | $128 | $134 | $-6.00 |
| Renewable Energy | 62.0% | ~22% | Above avg |
| Primary Source | Wind | ||
Why Electricity Is Affordable in Iowa
Iowa's electricity rates are close to the national average. The state relies primarily on Wind for power generation, with renewable sources making up 62.0% of the mix. Competitive market options and moderate generation costs help keep rates stable.
Utility Companies in Iowa
| Utility | Avg Rate | Customers | Type |
|---|---|---|---|
| MidAmerican Energy | 15.14¢/kWh | 790,000 | both |
| Alliant Energy | 14.50¢/kWh | 500,000 | both |
Appliance Running Costs in Iowa
Based on Iowa's residential rate of 15.14¢/kWh.
| Appliance | Watts | Hours/Day | Monthly Cost | Annual Cost |
|---|---|---|---|---|
| Air Purifier | 50 | 24 | $5.45 | $65.40 |
| Blender | 400 | 0.1 | $0.18 | $2.18 |
| CFL Bulb (13W) | 13 | 8 | $0.47 | $5.67 |
| Cable / Satellite Box | 35 | 24 | $3.82 | $45.78 |
| Ceiling Fan | 75 | 12 | $4.09 | $49.05 |
| Central Air Conditioner | 3,500 | 8 | $127.18 | $1,526.11 |
| Chest Freezer | 80 | 24 | $8.72 | $104.65 |
| Clothes Dryer (Electric) | 3,000 | 1 | $13.63 | $163.51 |
| Coffee Maker | 900 | 0.25 | $1.02 | $12.26 |
| Crypto Mining Rig | 1,500 | 24 | $163.51 | $1,962.14 |
| Dehumidifier | 300 | 12 | $16.35 | $196.21 |
| Desktop Computer | 200 | 8 | $7.27 | $87.21 |
| Dishwasher | 1,800 | 1 | $8.18 | $98.11 |
| Electric Baseboard Heater | 1,000 | 10 | $45.42 | $545.04 |
| Electric Fireplace | 1,400 | 4 | $25.44 | $305.22 |
Compare With Other States
More Data for Iowa
Frequently Asked Questions
What is the average electricity rate in Iowa?
The average residential electricity rate in Iowa is 15.14¢ per kWh, which is 12.1% below the national average of 17.22¢/kWh.
How much is the average monthly electric bill in Iowa?
The average monthly residential electric bill in Iowa is $128, compared to the national average of $134.
Why is electricity cheap in Iowa?
Iowa's electricity rates are close to the national average. The state relies primarily on Wind for power generation, with renewable sources making up 62.0% of the mix. Competitive market options and moderate generation costs help keep rates stable.
What is the main energy source in Iowa?
The primary energy source in Iowa is Wind, with 62.0% of electricity coming from renewable sources.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)