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, Jun 2026
Residential
$0.16
per kWh
Commercial
$0.13
per kWh
Industrial
$0.08
per kWh
vs US average
-13%
cheaper
Price rank
#29
of 51 (1 = highest)
Avg monthly bill
$141
at 886 kWh typical usage
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
$79.65
≈ $955.8/year
900 kWh / month
$143.37
≈ $1,720.44/year
1200 kWh / month
$191.16
≈ $2,293.92/year
Iowa electricity bill calculator
Prefilled with Iowa's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.
$105.58
600 kWh · ≈ $3.47/day
Per day
$3.47
Per year
$1,266.96
7,200 kWh/yr
Cost breakdown
- Energy91%
- Fixed charge9%
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.
Other states
View all ratesWant the bill side, not just the rate? See the average electric bill in Iowa by home size.