Electricity Rates in New albin, IA
The average residential electricity rate in New albin, IA is 17.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 21.4% above the Iowa state average.
Electricity Providers in New albin
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Interstate Power and Light Co | 18.0¢/kWh | 13.0¢/kWh | Investor Owned |
| MiEnergy Cooperative | 17.0¢/kWh | 12.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in New albin
At 17.0¢/kWh, a typical New albin household spends approximately $1807.44/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 New albin
Charging an electric vehicle at home in New albin costs approximately $153.00/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 New albin, IA?
The average residential electricity rate in New albin, IA is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in New albin?
New albin is served by 2 electricity providers. Interstate Power and Light Co is the largest provider in the area, though rates and availability vary by specific address.
How do New albin electricity rates compare to the rest of Iowa?
New albin's average rate of 17.0¢/kWh is 21.4% above the Iowa state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.