Electricity rates in Iowa
See the latest average electricity prices in Iowa and estimate your bill with a calculator prefilled with the local residential rate.
$0.16
per kWh · EIA, Jul 2026
Residential
$0.16
per kWh
Commercial
$0.13
per kWh
Industrial
$0.10
per kWh
vs US average
-13%
cheaper
Price rank
#28
of 51 (1 = highest)
Avg monthly bill
$142
at 886 kWh typical usage
How Iowa compares
Residential price per kWh vs the national average and the cheapest/most expensive states.
Typical electric bills by home size in Iowa
Estimated energy cost at Iowa's average residential rate of $0.16/kWh, before fixed charges and tax.
| Home size | Typical usage | Monthly | Yearly |
|---|---|---|---|
| 1-bedroom apartment | ≈ 550 kWh/mo | $87.95 | $1,055.34/yr |
| 2-bedroom home | ≈ 700 kWh/mo | $111.93 | $1,343.16/yr |
| 3-bedroom house | ≈ 900 kWh/mo | $143.91 | $1,726.92/yr |
| 4-bedroom house | ≈ 1150 kWh/mo | $183.89 | $2,206.62/yr |
Iowa electricity bill calculator
Prefilled with Iowa's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.
$105.94
600 kWh · ≈ $3.48/day
Per day
$3.48
Per year
$1,271.28
7,200 kWh/yr
Cost breakdown
- Energy91%
- Fixed charge9%
Estimate only. Check your official utility bill for exact charges.
Electricity rates in Iowa: common questions
Iowa's average residential electricity price is $0.16 per kWh (EIA, Jul 2026) — about 13% below the US average of $0.18. That ranks #28 of 51 states by residential price (1 = most expensive).
Other states
View all ratesWant the bill side, not just the rate? See the average electric bill in Iowa by home size.