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Electricity rates in Iowa

Iowa households paid an average of 15.99¢ per kWh in July 2026, 13% below the US average and +4.4% on a year earlier. That ranks #28 of 51, most expensive first.

Source EIA, residential retail priceLatest month July 2026

Average residential priceIA

01234567890123456789.01234567890123456789 ¢/kWh
Typical bill
$121/mo
Average use
856kWh
EV, 1,000 mi
$39/mo

Thirteen months of prices

Average residential price by month, ¢/kWh (EIA). Highest 15.99¢ in July 2026, lowest 12.60¢ in December 2025.

12.3¢13.3¢14.3¢15.3¢16.3¢Jul 2025Sep 2025Nov 2025Jan 2026Mar 2026May 2026Jul 2026

Utilities and rate plans

Each utility’s current residential tariffs from the OpenEI Utility Rate Database, with periods, tiers, fixed charge and a typical bill. Customer counts from EIA-861 (2024).

Against the national average and nearby prices

Average residential ¢/kWh, July 2026 (EIA).

Iowa16.0¢
United States18.3¢
Oregon16.0¢
Missouri16.1¢
New Mexico16.1¢
Texas15.9¢

What this means for an Iowa household

Over the last 12 months the average price was 14.13¢ per kWh and the average home used 856 kWh a month, so a typical Iowa household spent about $121 a month on electricity, or $1,451 a year. Use is close to the US average of 870 kWh a month, peaking in July at 1,209 kWh.

Driving a Tesla Model Y Long Range AWD 1,000 miles a month takes 275 kWh from the wall (EPA 27.5 kWh/100 mi), about $39 at the state average. A 25.5 mpg gasoline car covering the same distance at $3.89 a gallon (Midwest (PADD 2) average, August 2026) costs about $153.

The state average hides the real spread. Utilities in the same state charge different prices, and on a time-of-use plan the same kWh costs more in the peak hours than off-peak; each utility page shows by how much. Open MidAmerican’s page to see its periods and fixed charge, or run the calculators below with Iowa preloaded.

Natural gas for homes averaged $1.09 per therm over the 12 months to June 2026 (EIA, all charges included), and a typical gas-heated home uses about 546 therms a year for heating. The heat pump calculator compares that with electric heating on your plan.

A south-facing, 20° rooftop array in Iowa produces about 1,373 kWh per installed kW a year (NREL PVWatts at the state’s population centre). What that is worth depends on your utility’s export rule, shown on each utility’s page.

Calculators with Iowa preloaded