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.
$0.14
per kWh · EIA, Apr 2026
Residential
$0.14
per kWh
Commercial
$0.10
per kWh
Industrial
$0.06
per kWh
vs US average
-26%
cheaper
Price rank
#46
of 51 (1 = highest)
How Iowa compares
Residential price per kWh vs the national average and the cheapest/most expensive states.
Sample monthly bills in Iowa
Estimated energy cost at Iowa's average residential rate (before fixed charges and tax).
500 kWh / month
$69.30
≈ $831.6/year
900 kWh / month
$124.74
≈ $1,496.88/year
1200 kWh / month
$166.32
≈ $1,995.84/year
Iowa electricity bill calculator
Prefilled with Iowa's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.
$93.16
600 kWh · ≈ $3.06/day
Per day
$3.06
Per year
$1,117.92
7,200 kWh/yr
Cost breakdown
- Energy89%
- Fixed charge11%
Estimate only. Check your official utility bill for exact charges.
About electricity prices in Iowa
What the rate includes
The figures above are EIA average retail prices — the total revenue utilities collect divided by kWh sold. Your own rate depends on your utility, plan, and usage tier, so treat this as a Iowa benchmark.
Lowering your bill
The fastest wins are usually heating, cooling, and water heating. Use the appliance calculator to find your biggest energy users, then shift heavy usage off-peak if your plan supports it.