Electricity Rates in Belmond, IA

The average residential electricity rate in Belmond, IA is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 14.3% above the Iowa state average.

Avg. Residential Rate 16.0¢/kWh
vs. Iowa Avg. +14.3%
vs. National Avg. -10.0%
Providers 2

Electricity Providers in Belmond

Utility Residential Rate Commercial Rate Type
Interstate Power and Light Co 18.0¢/kWh 13.0¢/kWh Investor Owned
Prairie Energy Coop 14.0¢/kWh 12.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:

Belmond monthly bill $141.76
Belmond annual cost $1701.12
Iowa avg. monthly $124.04
National avg. monthly $157.53

Solar Savings in Belmond

At 16.0¢/kWh, a typical Belmond household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.

$1276/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Belmond

Charging an electric vehicle at home in Belmond costs approximately $144.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Belmond, IA?

The average residential electricity rate in Belmond, IA is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.

Who provides electricity in Belmond?

Belmond is served by 2 electricity providers. Interstate Power and Light Co is the largest provider in the area, though rates and availability vary by specific address.

How do Belmond electricity rates compare to the rest of Iowa?

Belmond's average rate of 16.0¢/kWh is 14.3% above the Iowa state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.