Electricity Rates in Maynard, IA
The average residential electricity rate in Maynard, 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.
Electricity Providers in Maynard
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| East-Central Iowa Rural Elec Coop | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
| Interstate Power and Light Co | 18.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Maynard
At 16.0¢/kWh, a typical Maynard household spends approximately $1701.12/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 Maynard
Charging an electric vehicle at home in Maynard 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.
Nearby Cities in Iowa
Frequently Asked Questions
What is the average electricity rate in Maynard, IA?
The average residential electricity rate in Maynard, 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 Maynard?
Maynard is served by 2 electricity providers. East-Central Iowa Rural Elec Coop is the largest provider in the area, though rates and availability vary by specific address.
How do Maynard electricity rates compare to the rest of Iowa?
Maynard'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.