Electricity Rates in Oxford junction, IA

Residents of Oxford junction, 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 Eastern Iowa Light & Power 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 Oxford junction

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
Maquoketa Valley Rrl Elec Coop 14.0¢/kWh 12.0¢/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:

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

Solar Savings in Oxford junction

At 15.0¢/kWh, a typical Oxford junction 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 Oxford junction

Charging an electric vehicle at home in Oxford junction 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 Oxford junction, IA?

The average residential electricity rate in Oxford junction, 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 Oxford junction?

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

Oxford junction'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.