Electricity Rates in Thor, IA
Residents of Thor, IA benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with MidAmerican Energy Co being the largest.
Electricity Providers in Thor
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| MidAmerican Energy Co | 11.0¢/kWh | 8.0¢/kWh | Investor Owned |
| Prairie Energy Coop | 14.0¢/kWh | 12.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Thor
At 13.0¢/kWh, a typical Thor household spends approximately $1382.16/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 Thor
Charging an electric vehicle at home in Thor costs approximately $117.00/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 Thor, IA?
The average residential electricity rate in Thor, IA is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Thor?
Thor is served by 2 electricity providers. MidAmerican Energy Co is the largest provider in the area, though rates and availability vary by specific address.
How do Thor electricity rates compare to the rest of Iowa?
Thor's average rate of 13.0¢/kWh is 7.1% below the Iowa state average of 14.0¢/kWh. Residents enjoy some of the lower rates in the state.