Independent rate reference - not affiliated with any utility or energy supplier. Data: EIA Electric Power Monthly, March 2026.Full disclaimer
ElectricityRatePerKWh

Electricity Rate in Iowa (2026): 13.42c/kWh Average

Residential Rate
13.42¢
per kWh
vs US Avg
-28%
5.14c below
Avg Monthly Bill
$117
851 kWh
Provider Choice
No
Regulated monopoly

Iowa Electricity Rate: What You Need to Know

Iowa electricity averages 13.42 cents per kWh for residential customers as of March 2026, according to the EIA Electric Power Monthly. This is 5.14c below the US average of 18.56c/kWh. The average monthly bill for Iowa households is $117 based on typical usage of 851 kWh.

Generation mix: Wind 65%, natural gas 20%, coal 10%, nuclear 5%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.

Year-over-year change: Iowa rates rose 7.5% year-over-year as of March 2026. This compares to the US average increase of 8.6% over the same period.

Regulated: You Cannot Switch Electricity Suppliers

MidAmerican Energy / Alliant Energy operates as the regulated utility in Iowa. Retail electricity choice is not available for residential customers. Options for reducing your bill include: time-of-use rate optimization, energy efficiency upgrades, and rooftop solar.

Your Iowa Electricity Bill Components

Energy charge (851 kWh x 13.42c)$114.20
Fixed customer charge (estimated)~$10.00
Estimated monthly total$124.20
All Sectors - Iowa
Residential13.42c
Commercial10.35c
Industrial6.43c
Dominant Utility
MidAmerican Energy / Alliant Energy
Adjacent States
Illinois18.86c
Wisconsin18.80c
Minnesota15.08c
Nebraska13.10c
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Iowa Electricity: Frequently Asked Questions

What is the electricity rate in Iowa in 2026?+
The average residential electricity rate in Iowa is 13.42 cents per kWh as of March 2026, according to the EIA Electric Power Monthly. This is 5.14c below the US average of 18.56c/kWh (-28%). The average monthly electricity bill in Iowa is approximately $117 based on 851 kWh typical monthly usage.
Can I switch electricity providers in Iowa?+
No - Iowa operates a regulated electricity market. MidAmerican Energy / Alliant Energy serves as the regulated monopoly utility. Customers cannot switch electricity generation suppliers. Options for reducing bills include time-of-use rate optimization (where available), energy efficiency upgrades, and solar installation.
What is the average monthly electricity bill in Iowa?+
The average Iowa household uses approximately 851 kWh per month. At 13.42c/kWh plus approximately $10 in fixed charges, the average monthly bill is $117. This varies by season (higher in summer for cooling-dominant states like Florida, higher in winter for heating-dominant states).
What is the primary electricity source in Iowa?+
Iowa's generation mix is primarily Wind 65%, natural gas 20%, coal 10%, nuclear 5%. This fuel mix is a key factor in the state's electricity rate - states relying on hydro or nuclear typically have lower rates, while states heavily dependent on natural gas or petroleum (like Hawaii) face higher costs.
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