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State electricity rates

Iowa Electricity Rates and Average Electric Bill in 2025

Average price, monthly bill and usage for Iowa, who supplies the power, and how it compares with neighboring states.

Reviewed Data: EIA Form EIA-861, released October 7, 2026

Average monthly bill

$117.30

22% below the US $150.68

Price per kWh

13.62 cents

US average 17.23 cents

Monthly use

861 kWh

US average 874 kWh

Homes counted

1.46 million

Residential customers, 2025

How Iowa compares

Low prices keep the Iowa bill down. Prices run 21% below the national price, and households use about the same amount of electricity as the typical US household.

Over a year, the average Iowa household pays about $1,408 for electricity. The state ranks 9th lowest for the monthly bill, 16th lowest for price per kWh and 23rd lowest for use, out of 51 places (50 states and DC).

Iowa compared with the United States and nearby states
PlaceMonthly billCents per kWhkWh per month
Iowa$117.3013.62861
United States$150.6817.23874
Illinois$126.5917.67717
Minnesota$117.6715.83744
Missouri$137.9713.301,038
Nebraska$117.2312.05973
South Dakota$131.1013.32984
Wisconsin$120.6018.08667

Source: EIA Form EIA-861 final 2025 data, residential sector. Bills are revenue divided by customers, divided by 12.

Want to see where your own bill falls? Use the bill checker or read the average bill guide for apartments, houses and different household sizes.

Who supplies the power

Iowa is dominated by investor-owned utilities, which serve 85% of residential customers. The rest are served by electric cooperatives (11%) and municipal utilities (5%). EIA lists 25 utilities and electricity suppliers with customers in Iowa.

Share of Iowa residential customers by provider type
  • Investor-owned84.5%
  • Cooperative10.8%
  • Municipal4.8%
Largest electricity providers in Iowa by residential customers
ProviderTypeHomes served
MidAmerican EnergyInvestor-owned717,275
Interstate Power and Light (Alliant Energy)Investor-owned419,451
Corridor Energy CooperativeCooperative30,992
City of AmesMunicipal25,123
Eastern Iowa Light and Power CooperativeCooperative20,472
Cedar Falls UtilitiesMunicipal17,746
Midland Power CooperativeCooperative12,083
Maquoketa Valley Rrl Electric CooperativeCooperative11,161

See every utility that reports customers here on the electric companies in Iowa page.

If you do not know who serves your address, the find my electric company tool matches your county to a utility.

Can you choose your electricity supplier in Iowa?

Iowa does not offer household retail electricity choice. Households buy electricity from the utility that serves their address. That utility can be an investor-owned company, a municipal system or a cooperative, and its rates are set by its regulator or its own board. You can still lower your bill with a better rate plan, efficiency upgrades and bill help programs.

Reliability and rooftop solar

Utilities in Iowa reported an average of 1 hour and 20 minutes without power per customer in 2025, with 0.77 interruptions per customer, when major storm days are left out. That outage time is shorter than the median state (127 minutes).

Customers in Iowa had 23,720 net-metered residential solar systems with a combined 354.6 megawatts of capacity in 2025. That works out to 16.2 systems for every 1,000 households, which ranks 28 of 51 places. Net metering lets a home with solar offset what it uses from the grid, so it changes the bill math for those households. Our net metering guide explains how the credit works.

Outage figures are reported by utilities and follow different standards, so compare states with care. The median state averaged 127 minutes of outage per customer in 2025.

Ways to lower your Iowa electric bill

  • Check your rate before your habits. Usage here is close to or below the national figure, so the plan and the price per kWh on your bill often matter more than conservation. Our bill reading guide shows where to look.
  • Ask about time-of-use pricing. 6 of the 8 largest providers report residential time-of-use programs in EIA data. If you can shift laundry, charging and cooling to cheaper hours, the savings can be real. Our time-of-use guide explains how to test it.
  • Ask about budget billing. Many utilities spread costs across the year. Read how budget billing works before you sign up.
  • Price your appliances. The electricity cost calculator shows what a space heater, dryer or pool pump costs to run at your rate.

Regulator and consumer help

Electric rates and consumer complaints in Iowa are handled by the Iowa Utilities Commission. If you have a billing dispute you could not settle with your utility, the regulator is the next step.

About these numbers

The figures describe the whole state in 2025. Your own rate depends on your utility, your rate plan and your usage. Use them to judge your bill, not to predict it. See how we calculate each number.

Iowa electricity questions

What is the average electric bill in Iowa?

The average residential electric bill in Iowa was $117.30 a month in 2025, based on 861 kWh of use at 13.62 cents per kWh (EIA Form EIA-861). The US average was $150.68.

Is electricity expensive in Iowa?

The price of 13.62 cents per kWh is 21% below the US average of 17.23 cents and ranks 16th lowest among the 50 states and DC. The monthly bill is 22% below the US average, because bills depend on how much power households use as well as the price.

Can I choose my electricity company in Iowa?

No. Most households buy electricity from the utility that serves their address, whether that is an investor-owned company, a municipal utility or a cooperative.

Which companies serve the most households in Iowa?

By residential customers in 2025, the largest were MidAmerican Energy (717 thousand), Interstate Power and Light (Alliant Energy) (419 thousand), Corridor Energy Cooperative (31 thousand).

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