Electricity Rates in Riceville, IA

The average residential electricity rate in Riceville, IA is 16.0¢/kWh based on 2024 EIA data. The city is served by 3 utility providers. This is 14.3% above the Iowa state average.

Avg. Residential Rate 16.0¢/kWh
vs. Iowa Avg. +14.3%
vs. National Avg. -10.0%
Providers 3

Electricity Providers in Riceville

Utility Residential Rate Commercial Rate Type
Freeborn Mower Electric Cooperative 17.0¢/kWh N/A Cooperative
Heartland Power Coop 13.0¢/kWh 10.0¢/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 16.0¢/kWh and typical US household usage of 886 kWh/month:

Riceville monthly bill $141.76
Riceville annual cost $1701.12
Iowa avg. monthly $124.04
National avg. monthly $157.53

Solar Savings in Riceville

At 16.0¢/kWh, a typical Riceville household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.

$1276/yr estimated solar savings

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

EV Charging Costs in Riceville

Charging an electric vehicle at home in Riceville costs approximately $144.00/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 Riceville, IA?

The average residential electricity rate in Riceville, IA is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.

Who provides electricity in Riceville?

Riceville is served by 3 electricity providers. Freeborn Mower Electric Cooperative is the largest provider in the area, though rates and availability vary by specific address.

How do Riceville electricity rates compare to the rest of Iowa?

Riceville's average rate of 16.0¢/kWh is 14.3% above the Iowa state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.