Electricity Rates in Grimes, IA

Residents of Grimes, IA benefit from relatively low electricity rates, averaging 11.0¢/kWh — 38.1% below the national average. MidAmerican Energy Co serves the area.

Avg. Residential Rate 11.0¢/kWh
vs. Iowa Avg. -21.4%
vs. National Avg. -38.1%
Providers 1

Electricity Providers in Grimes

Utility Residential Rate Commercial Rate Type
MidAmerican Energy Co 11.0¢/kWh 8.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 11.0¢/kWh and typical US household usage of 886 kWh/month:

Grimes monthly bill $97.46
Grimes annual cost $1169.52
Iowa avg. monthly $124.04
National avg. monthly $157.53

Solar Savings in Grimes

At 11.0¢/kWh, a typical Grimes household spends approximately $1169.52/year on electricity. Solar panels could reduce this by 50–90%.

$877/yr estimated solar savings

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

EV Charging Costs in Grimes

Charging an electric vehicle at home in Grimes costs approximately $99.00/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 Grimes, IA?

The average residential electricity rate in Grimes, IA is 11.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $97.46 for a typical household.

Who provides electricity in Grimes?

Grimes is served by 1 electricity provider. MidAmerican Energy Co is the largest provider in the area.

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

Grimes's average rate of 11.0¢/kWh is 21.4% below the Iowa state average of 14.0¢/kWh. Residents enjoy some of the lower rates in the state.