HomeWattCost

Alliant Energy 400 vs 407

400 and 407 cost about the same for a typical Iowa home (within $1 a year). 400 stays cheaper at every level of use from 200 to 2,500 kWh a month with the same daily pattern of use.

Utility Alliant EnergyTariffs checked 2026-09-28Typical use 856 kWh/mo, Iowa

Head to head

Scenario400407Cheaper
Typical home, per month$166$166Tie
All-in price per kWh19.4¢19.4¢400
Home + EV, charged at the cheapest hour$214$213407
Home + EV, plugged in at 6 pm$214$217400
Fixed charge$15.51$15.51

Typical home: Iowa average use by month (EIA), shaped hour by hour (NREL ResStock), before taxes. EV: Tesla Model Y Long Range AWD, 1,000 miles a month; cheapest start any hour on 400, 12 am on 407.

Month by month

Typical-home bill each month on each plan.

PlanJanFebMarAprMayJunJulAugSepOctNovDec
400$195$160$150$126$131$187$258$212$141$132$126$177
407$195$160$150$126$131$187$258$213$141$132$126$177

400: price by hour

July weekday.

Same price all day
20.0¢12a3a6a9a12p3p6p9p12a

407: price by hour

July weekday.

Off-peakPeak
17.8¢28.9¢17.8¢12a3a6a9a12p3p6p9p12a

How the two plans work

400: Residential Service

  • One price per kWh at every hour: 20.0¢ in July and 16.6¢ in January.
  • Shifting use to other hours changes nothing on this plan; using less is the only lever.
  • Fixed charge: $15.51 a month.

407: Residential Time of Day

  • Peak 2 pm–7 pm on July weekdays; 5 of 24 hours carry the top price of 28.9¢.
  • The cheapest July weekday hour costs 17.8¢, so moving 1 kWh out of the top hours saves 11.1¢.
  • In January every hour costs the same (16.6¢).
  • Summer pricing applies Jun–Aug; winter pricing Sep–May.
  • Weekends follow a different schedule from weekdays.
  • Fixed charge: $15.51 a month.

Your own pattern of use decides the winner: compare every Alliant Energy plan on your usage, or see all Alliant Energy plans, sources and peak hours.