Electricity Rates in Norway, IA

Residents of Norway, IA benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 3 electricity providers, with East-Central Iowa Rural Elec Coop being the largest.

Avg. Residential Rate 15.0¢/kWh
vs. Iowa Avg. +7.1%
vs. National Avg. -15.6%
Providers 3

Electricity Providers in Norway

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
Linn County REC 14.0¢/kWh 14.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:

Norway monthly bill $132.90
Norway annual cost $1594.80
Iowa avg. monthly $124.04
National avg. monthly $157.53

Solar Savings in Norway

At 15.0¢/kWh, a typical Norway household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Norway

Charging an electric vehicle at home in Norway costs approximately $135.00/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 Norway, IA?

The average residential electricity rate in Norway, IA is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.

Who provides electricity in Norway?

Norway is served by 3 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 Norway electricity rates compare to the rest of Iowa?

Norway's average rate of 15.0¢/kWh is 7.1% above the Iowa state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.