Electricity Rates in Wayland, IA
The average residential electricity rate in Wayland, IA is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 14.3% above the Iowa state average.
Electricity Providers in Wayland
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Access Energy Coop | 15.0¢/kWh | 13.0¢/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:
Solar Savings in Wayland
At 16.0¢/kWh, a typical Wayland household spends approximately $1701.12/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 Wayland
Charging an electric vehicle at home in Wayland 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.
Nearby Cities in Iowa
Frequently Asked Questions
What is the average electricity rate in Wayland, IA?
The average residential electricity rate in Wayland, 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 Wayland?
Wayland is served by 2 electricity providers. Access Energy Coop is the largest provider in the area, though rates and availability vary by specific address.
How do Wayland electricity rates compare to the rest of Iowa?
Wayland'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.