Electricity Rates in New hampton, IA
The average residential electricity rate in New hampton, 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 hampton
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Butler County Rural Elec Coop - (IA) | 15.0¢/kWh | 39.0¢/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 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in New hampton
At 17.0¢/kWh, a typical New hampton 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 hampton
Charging an electric vehicle at home in New hampton 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 hampton, IA?
The average residential electricity rate in New hampton, 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 hampton?
New hampton is served by 2 electricity providers. Butler County Rural Elec Coop - (IA) is the largest provider in the area, though rates and availability vary by specific address.
How do New hampton electricity rates compare to the rest of Iowa?
New hampton'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.