Electricity Rates in Lorimor, IA
The average residential electricity rate in Lorimor, IA is 18.0¢/kWh based on 2024 EIA data. Interstate Power and Light Co provides electricity to the area. This is 28.6% above the Iowa state average.
Electricity Providers in Lorimor
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Interstate Power and Light Co | 18.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lorimor
At 18.0¢/kWh, a typical Lorimor household spends approximately $1913.76/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Lorimor
Charging an electric vehicle at home in Lorimor costs approximately $162.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Iowa
Frequently Asked Questions
What is the average electricity rate in Lorimor, IA?
The average residential electricity rate in Lorimor, IA is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Lorimor?
Lorimor is served by 1 electricity provider. Interstate Power and Light Co is the largest provider in the area.
How do Lorimor electricity rates compare to the rest of Iowa?
Lorimor's average rate of 18.0¢/kWh is 28.6% above the Iowa state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.