Electricity Rates in Oxford, IA
Residents of Oxford, IA benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 4 electricity providers, with Eastern Iowa Light & Power Coop being the largest.
Electricity Providers in Oxford
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Eastern Iowa Light & Power Coop | 14.0¢/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 |
| MidAmerican Energy Co | 11.0¢/kWh | 8.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Oxford
At 14.0¢/kWh, a typical Oxford household spends approximately $1488.48/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 Oxford
Charging an electric vehicle at home in Oxford costs approximately $126.00/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 Oxford, IA?
The average residential electricity rate in Oxford, IA is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Oxford?
Oxford is served by 4 electricity providers. Eastern Iowa Light & Power Coop is the largest provider in the area, though rates and availability vary by specific address.
How do Oxford electricity rates compare to the rest of Iowa?
Oxford's average rate of 14.0¢/kWh is close to the Iowa state average of 14.0¢/kWh. Rates are typical for the region.