Electricity Rates in Iowa
Electricity rates in Iowa have risen 10.2% over the past year, reaching an average of 14.0¢/kWh. The state is served by 24 utilities, with rates ranging from 9.0¢ to 18.0¢/kWh. Here's what you need to know about rates in your area.
Iowa Electricity Rate History
Monthly residential electricity rates in Iowa over the last 24 months, based on EIA data.
Top Cities in Iowa
| City | Avg. Rate | Primary Utility | Providers |
|---|---|---|---|
| Des moines | 11.0¢/kWh | MidAmerican Energy Co | 1 |
| Sioux city | 11.0¢/kWh | MidAmerican Energy Co | 2 |
| Davenport | 12.0¢/kWh | MidAmerican Energy Co | 3 |
| Cedar rapids | 16.0¢/kWh | Interstate Power and Light Co | 2 |
| Iowa city | 13.0¢/kWh | MidAmerican Energy Co | 4 |
| Waterloo | 11.0¢/kWh | MidAmerican Energy Co | 2 |
| Dubuque | 16.0¢/kWh | Interstate Power and Light Co | 2 |
| Earling | 11.0¢/kWh | MidAmerican Energy Co | 1 |
| West des moines | 11.0¢/kWh | MidAmerican Energy Co | 1 |
| Ames | 15.0¢/kWh | City of Ames - (IA) | 4 |
| Council bluffs | 11.0¢/kWh | MidAmerican Energy Co | 1 |
| Alexander | 14.0¢/kWh | Interstate Power and Light Co | 3 |
| Ainsworth | 16.0¢/kWh | Eastern Iowa Light & Power Coop | 2 |
| Algona | 16.0¢/kWh | Interstate Power and Light Co | 2 |
| Alden | 15.0¢/kWh | Interstate Power and Light Co | 3 |
| Alburnett | 16.0¢/kWh | Interstate Power and Light Co | 2 |
| Agency | 16.0¢/kWh | Access Energy Coop | 2 |
| Adair | 18.0¢/kWh | Interstate Power and Light Co | 1 |
| Albion | 16.0¢/kWh | Consumers Energy Coop - (IA) | 2 |
| Alta vista | 15.0¢/kWh | Heartland Power Coop | 2 |
Utilities in Iowa
| Utility | Type | Avg. Residential Rate | ZIP Codes Served |
|---|---|---|---|
| Access Energy Coop | Cooperative | 15.0¢/kWh | 37 |
| Amana Society Service Co | Investor Owned | 16.0¢/kWh | 6 |
| Board of Water Electric & Communications | Municipal | 13.0¢/kWh | 2 |
| Butler County Rural Elec Coop - (IA) | Cooperative | 15.0¢/kWh | 34 |
| Cedar Falls Utilities | Municipal | 10.0¢/kWh | 7 |
| City of Ames - (IA) | Municipal | 12.0¢/kWh | 6 |
| City of Independence - (IA) | Municipal | 14.0¢/kWh | 1 |
| City of Maquoketa - (IA) | Municipal | 13.0¢/kWh | 2 |
| City of Preston | Municipal | 15.0¢/kWh | 2 |
| Consumers Energy Coop - (IA) | Cooperative | 15.0¢/kWh | 38 |
| East-Central Iowa Rural Elec Coop | Cooperative | 13.0¢/kWh | 49 |
| Eastern Iowa Light & Power Coop | Cooperative | 14.0¢/kWh | 81 |
| Federated Rural Electric Assn | Cooperative | 12.0¢/kWh | 31 |
| Freeborn Mower Electric Cooperative | Cooperative | 16.0¢/kWh | 40 |
| Heartland Power Coop | Cooperative | 13.0¢/kWh | 44 |
| Interstate Power and Light Co | Investor Owned | 18.0¢/kWh | 641 |
| Iowa Lakes Electric Coop | Cooperative | 14.0¢/kWh | 76 |
| Linn County REC | Cooperative | 14.0¢/kWh | 41 |
| Maquoketa Valley Rrl Elec Coop | Cooperative | 14.0¢/kWh | 60 |
| MiEnergy Cooperative | Cooperative | 17.0¢/kWh | 37 |
| MidAmerican Energy Co | Investor Owned | 10.0¢/kWh | 557 |
| Midland Power Coop | Cooperative | 14.0¢/kWh | 65 |
| North West Rural Electric Coop | Cooperative | 9.0¢/kWh | 58 |
| Prairie Energy Coop | Cooperative | 14.0¢/kWh | 43 |
How Iowa Compares
Frequently Asked Questions
What is the average electricity rate in Iowa?
The average residential electricity rate in Iowa is 14.0¢ per kilowatt-hour (kWh) based on 2024 EIA data. Rates range from 9.0¢ to 18.0¢/kWh depending on your utility provider and location within the state.
Who is the cheapest electricity provider in Iowa?
Electricity rates in Iowa vary by provider and location. The state has 24 utility companies serving different areas. To find the cheapest rate available to you, enter your ZIP code in our lookup tool above for your specific options.
Is Iowa a deregulated electricity market?
No, Iowa has a regulated electricity market. Your electricity provider is determined by your location, and rates are set by the state's public utility commission.
How have electricity rates changed in Iowa?
Electricity rates in Iowa have increased 10.2% over the past year. The current average residential rate is 14.0¢/kWh.
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