Electricity Rates in Promise city, IA
The average residential electricity rate in Promise city, IA is 18.0¢/kWh based on 2024 EIA data. Interstate Power and Light Co provides electricity to the area. This is 28.6% above the Iowa state average.
Electricity Providers in Promise city
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Interstate Power and Light Co | 18.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Promise city
At 18.0¢/kWh, a typical Promise city household spends approximately $1913.76/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 Promise city
Charging an electric vehicle at home in Promise city costs approximately $162.00/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 Promise city, IA?
The average residential electricity rate in Promise city, IA is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Promise city?
Promise city is served by 1 electricity provider. Interstate Power and Light Co is the largest provider in the area.
How do Promise city electricity rates compare to the rest of Iowa?
Promise city's average rate of 18.0¢/kWh is 28.6% above the Iowa state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.