Electricity Rates in Moorhead, IA

Residents of Moorhead, 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 Moorhead

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:

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

Solar Savings in Moorhead

At 11.0¢/kWh, a typical Moorhead 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 Moorhead

Charging an electric vehicle at home in Moorhead 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 Moorhead, IA?

The average residential electricity rate in Moorhead, 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 Moorhead?

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

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

Moorhead'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.