Electricity Rates in Clear lake, IA

The average residential electricity rate in Clear lake, 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 Clear lake

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:

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

Solar Savings in Clear lake

At 16.0¢/kWh, a typical Clear lake 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 Clear lake

Charging an electric vehicle at home in Clear lake 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 Clear lake, IA?

The average residential electricity rate in Clear lake, 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 Clear lake?

Clear lake 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 Clear lake electricity rates compare to the rest of Iowa?

Clear lake'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.