Electricity Rates in Meriden, IA
Residents of Meriden, IA benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with Iowa Lakes Electric Coop being the largest.
Electricity Providers in Meriden
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Iowa Lakes Electric Coop | 14.0¢/kWh | 12.0¢/kWh | Cooperative |
| MidAmerican Energy Co | 11.0¢/kWh | 8.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Meriden
At 12.0¢/kWh, a typical Meriden household spends approximately $1275.84/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 Meriden
Charging an electric vehicle at home in Meriden costs approximately $108.00/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 Meriden, IA?
The average residential electricity rate in Meriden, IA is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in Meriden?
Meriden is served by 2 electricity providers. Iowa Lakes Electric Coop is the largest provider in the area, though rates and availability vary by specific address.
How do Meriden electricity rates compare to the rest of Iowa?
Meriden's average rate of 12.0¢/kWh is 14.3% below the Iowa state average of 14.0¢/kWh. Residents enjoy some of the lower rates in the state.