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Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales · How we got these numbers · Report an error

MidAmerican Energy Co in Iowa: 11.01 ¢ home rates, SAIDI and solar

In Iowa, MidAmerican Energy Co bills 738,335 accounts, 85.7% residential, as an investor owned utility. Businesses and industry take 78% of the 27,917,309 MWh it sells; homes take 22%.

Wind turbine farm in rural Iowa
Turbines iowa. Photo by Bill Whittaker (talk), CC BY-SA 3.0, Wikimedia Commons. Illustrative, not a listed utility's plant.

MidAmerican Energy Co: 791 kWh a month costs roughly $87 in energy at 11.01 ¢/kWh, -17.8% on the Iowa average of 13.40 ¢.

Businesses and industry take 78% of the 27,917,309 MWh it sells; homes take 22%.

Who buys power from MidAmerican Energy Co

Business share of sales
78%homes 22% of 27,917,309 MWh

The customer mix of MidAmerican Energy Co is its own: 632,436 home accounts buy 21.5% of 27,917,309 MWh, 104,372 commercial accounts buy 17.6%, and the remaining 60.9% goes to 1,527 industrial and other accounts. A typical MidAmerican Energy Co home uses 9,498 kWh a year, a typical business account 47,116.

How it compares

MidAmerican Energy Co
MidAmerican Energy Co, 2024HomeBusinessBillSAIDI
MidAmerican Energy CoLowest in this table11.01 ¢/kWh8.43 ¢/kWh$87at 791 kWh88 minSAIDI
Iowa average against this company, which is 1 of 5 on price+2.39 ¢/kWhcompany 17.8% below+1.79 ¢/kWhcompany 17.5% below+$19a month at 791 kWh-20 mincompany 20 above
City of Ames12.10 ¢/kWhcompany 9.0% below8.51 ¢/kWhcompany 0.9% below$969 more than company19 mincompany 69 above

Compare 19 Iowa companies

MidAmerican Energy Co: 2025

No 2025 early-release row for MidAmerican Energy Co; 2024 stays the latest year.

MidAmerican Energy Co 2024 against Iowa 2025
-2.71 ¢11.01 ¢ for MidAmerican Energy Co in 2024, 13.72 ¢ for Iowa in 2025

No 2025 line exists yet for MidAmerican Energy Co, so 11.01 ¢/kWh and a SAIDI of 88 minutes (2024, 632,436 homes) are the latest figures.

Carbon context

MidAmerican Energy Co serves 632,436 homes in Iowa. At 791 kWh a month that is about 226 kg of CO₂, or 2,715 kg a year, at the Iowa plant rate, state generation and not this utility: Iowa generation mix.

MidAmerican Energy Co charts

Residential price since 2015: 11.01 ¢ in 2024

9.75 ¢ in 2015, 11.01 ¢ in 2024 (+12.9%); Iowa 11.63 to 13.40 ¢.

MidAmerican Energy Co residential price 2015-2024, 2015 to 2024: 10 rows
YearMidAmerican Energy CoGap to Iowa residentialGap to U.S. residential
20159.75-1.88-2.90
201610.23-1.71-2.32
201710.55-1.79-2.34
201810.30-1.94-2.57
201910.28-2.18-2.73
202010.34-2.12-2.81
202110.75-1.98-2.91
202211.01-2.14-4.03
202311.00-2.31-5.00
202411.01-2.39-5.47

10 rows from EIA retail sales.

CSV

MidAmerican Energy Co SAIDI, 2015-2024

94 min in 2015, 88 in 2024.

MidAmerican Energy Co SAIDI by year, 2015 to 2024: 10 rows
YearMidAmerican Energy Co, no major events
201594
2016100
2017110
201893
201983
202087
202181
202281
202359
202488

10 rows from EIA-861 survey.

CSV

Reliability: SAIDI 88.0 min

88.0 min, 0.88x the median reporter, rank 294 of 673.

min

  • Company, no major events88.0
  • Company, with major events219.0

MidAmerican Energy Co, Reliability: EIA-861 survey.

CSV

Analyst note

MidAmerican Energy Co billed homes 9.75 ¢/kWh in 2015 and 11.01 ¢ in 2024, +12.9% in all, and tracked the Iowa average (+15.2%) within 2.3 points. MidAmerican Energy Co's sharpest move came in 2016, +4.9%. The latest year is the high at 11.01 ¢; the low was 9.75 ¢ (2015). 2024: +0.1% here, +0.7% for the Iowa average. SAIDI at MidAmerican Energy Co (major events excluded) went from 94 minutes in 2015 to 88 in 2024, -6%, between 59 (2023) and 110 (2017). MidAmerican Energy Co filed SAIDI under the national median in 9 of 10 years; its 2024 figure was 88 minutes, -11 from that year's median. 2020: 1004 minutes with major events, 87 without, the widest gap of any year. MidAmerican Energy Co has 0 cheaper and 4 higher-priced Iowa peers among 5 with 20,000+ homes. Next higher-priced, City of Ames, bills 12.10 ¢ (+1.08).

Price is the selling point in this record: 17.8% under the Iowa average, with 88 outage minutes close to the national median (0.88x).

Home accounts at MidAmerican Energy Co went from 568,142 in 2015 to 632,436 in 2024, +11.3%. Business customers paid 0.77 times the home price in 2024 (8.43 against 11.01 ¢); the ratio was 0.77 in 2015. SAIFI went from 0.98 in 2015 to 0.82 in 2024, between 0.61 and 1.00.

Facts

Customer accounts
738,33543.2% of Iowa total
Residential accounts
632,43643.7% of Iowa homes
Commercial accounts
104,37214.1% of the base
Residential rate
11.01 ¢/kWhplace 1 of 5, -17.8% against the state
Commercial rate
8.43 ¢/kWhplace 2 of 10, -17.5% against the state
SAIDI, no major events
88.0 minbetter than 56% of reporters
SAIFI, no major events
0.820.81x the median
SAIDI with major events
219.0 min59.8% from event days
Net-metered capacity
74.8 MW5,157 installations
Counties served
55Iowa plus 2 more
Average residential use
9,498 kWh/yr791 a month
Implied monthly bill
$87-$43 on the U.S. rate, 791 kWh
Residential rate since 2015
+12.9%9.75 to 11.01 ¢/kWh
SAIDI trend
-6%94 min in 2015, 88 in 2024

Data tables

2024 by sector, MidAmerican Energy Co

MidAmerican Energy Co sectorAccountsRate ¢/kWhGap to Iowa ¢/kWh
Residential632,43611.01-2.39
Commercial104,3728.43-1.79

Year by year, MidAmerican Energy Co

YearHome accounts, MidAmerican Energy CoHome ¢Business ¢RatioSAIDISAIFI
2015568,1429.757.520.77940.98
2016574,95310.237.740.761001.00
2017583,48510.557.940.751100.97
2018591,46110.307.940.77930.93
2019596,55910.288.150.79830.91
2020604,12610.348.130.79870.86
2021611,63510.758.420.78810.78
2022618,88611.018.770.80810.83
2023624,95611.008.600.78590.61
2024632,43611.018.430.77880.82

Peers of MidAmerican Energy Co in Iowa, place 1 of 5 on home price

Utility near MidAmerican Energy Co on priceSAIDI min, gap to MidAmerican Energy CoHome ¢, gap to MidAmerican Energy CoGap % to MidAmerican Energy CoAccounts, MidAmerican Energy Co = 1
1. MidAmerican Energy Co (this utility)8811.01-1.00
2. City of Ames-69+1.08+9.8%0.04
3. Eastern Iowa Light & Power Coop+11+2.54+23.1%0.03
4. Linn County REC+28+3.22+29.2%0.05

Who buys MidAmerican Energy Co's electricity

Class at MidAmerican Energy CoAccountsOf MidAmerican Energy Co accountsOf MidAmerican Energy Co MWh soldkWh a year per MidAmerican Energy Co account
Residential632,43685.7%21.5%9,498
Commercial104,37214.1%17.6%47,116
Industrial and other1,5270.21%60.9%11,128,238

MidAmerican Energy Co among Berkshire Hathaway Energy group

MidAmerican Energy Co and its neighbours on priceSAIDI min, gap to MidAmerican Energy CoHome ¢, gap to MidAmerican Energy CoAccounts, MidAmerican Energy Co = 1
1. MidAmerican Energy Co (IA, this utility)8811.011.00
2. PacifiCorp (UT)+21+1.511.43
3. Sierra Pacific Power Co (NV)+14+3.510.52
4. Nevada Power Co (NV)-36+4.321.40

MidAmerican Energy Co: meters, rate options and solar

MeasureMidAmerican Energy CoIowa contextMidAmerican Energy Co detail
Time-of-use rate for MidAmerican Energy Co homesOffered8 of 18 Iowa utilities offer one101 homes on dynamic pricing, 0.02% of 632,436
Net-metered installations5,15788% residential7.2 homes per 1,000 accounts, 14.5 kW average

Monthly energy cost by use, MidAmerican Energy Co

kWhShare of a 791 kWh monthCost a month at 11.01 ¢vs U.S.Cost a year
25032%$27.53-$13.67$330
50063%$55.06-$27.34$661
75095%$82.59-$41.01$991
1,000126%$110.12-$54.68$1,321
1,500190%$165.18-$82.02$1,982
2,000253%$220.24-$109.36$2,643

Outage record, MidAmerican Energy Co

Measure, MidAmerican Energy CNo eventsAll eventsConverted
SAIDI minutes88.0219.01.47 h
SAIFI interruptions0.8201.2701.22 yr apart
CAIDI minutes107.3172.41.79 h

Territory of MidAmerican Energy Co

55 Iowa counties plus 2 other states, region not reported:

Counties served by MidAmerican Energy CoCherokeeMadisonFloydWrightAdairMuscatineMahaskaJohnsonKossuthJasperMonroeShelbyBuena VistaHamiltonPoweshiekHumboldtBremerCerro GordoPalo AltoMontgomeryIdaHardinTaylorAudubonChickasawFranklinCassPolkCrawfordMarionScottBuchananWebsterClintonHarrisonAdamsWoodburyWashingtonCalhounDallasBlack HawkMillsSacSiouxPlymouthPottawattamiePocahontasFremontWarrenO'BrienLyonButlerMononaCarrollPageHenryMercerRock IslandUnionLincoln

Iowa other states: 60 of 60 counties of MidAmerican Energy Co drawn

MidAmerican Energy Co: 60 counties listed by EIA-861, Census 2023 outlines.

CSV
County list
  • Adair
  • Adams
  • Audubon
  • Black Hawk
  • Bremer
  • Buchanan
  • Buena Vista
  • Butler
  • Calhoun
  • Carroll
  • Cass
  • Cerro Gordo
  • Cherokee
  • Chickasaw
  • Clinton
  • Crawford
  • Dallas
  • Floyd
  • Franklin
  • Fremont
  • Hamilton
  • Hardin
  • Harrison
  • Humboldt
  • Ida
  • Jasper
  • Johnson
  • Kossuth
  • Lyon
  • Madison
  • Mahaska
  • Marion
  • Mills
  • Monona
  • Monroe
  • Montgomery
  • Muscatine
  • O'Brien
  • Page
  • Palo Alto
  • Plymouth
  • Pocahontas
  • Polk
  • Pottawattamie
  • Poweshiek
  • Sac
  • Scott
  • Shelby
  • Sioux
  • Taylor
  • Warren
  • Washington
  • Webster
  • Woodbury
  • Wright

Questions on MidAmerican Energy Co

How big is MidAmerican Energy Co in Iowa, by customer accounts?

738,335 accounts in 2024: residential 632,436, commercial 104,372, industrial 1,527.

How many cents per kWh does MidAmerican Energy Co charge homes?

In 2024 homes paid 11.01 cents; against the Iowa average that is -17.8%.

What are the SAIDI and SAIFI of MidAmerican Energy Co?

SAIDI 88.0 min and SAIFI 0.82 a year, major events excluded; ratio to the national median 0.88, CAIDI 107 min.

How many net-metered systems connect to MidAmerican Energy Co?

5,157 installations with 74.8 MW, of which residential installations number 4,524.

What would a typical MidAmerican Energy Co home pay each month?

791 kWh at 11.01 cents comes to about $87, energy only.

Is MidAmerican Energy Co cheaper than other Iowa utilities?

Rank 1 of 5 in Iowa on price, -17.8% against the state average; 0 charge less than 11.01 ¢.

What share of MidAmerican Energy Co sales do homes buy?

Homes take 21.5% of 27,917,309 MWh, commercial accounts 17.6%, industrial and other 60.9%; the 104,372 commercial accounts use 47,116 kWh each, 5.0 times a home.

At MidAmerican Energy Co, are smart meters in homes, with a TOU option?

MidAmerican Energy Co offers a home time-of-use rate; 101 customers use dynamic pricing, 0.02% of its homes.

Has MidAmerican Energy Co moved up the Iowa price list since 2015?

1st cheapest of 5 in 2015, 1st of 5 in 2024; its price rose 12.9% while Iowa rose 15.2%.

How does MidAmerican Energy Co compare with 3 similar utilities?

Place 1 of 4 on home price at 11.01 ¢ (Berkshire Hathaway Energy group); median 13.52 ¢, cheapest member 11.01 ¢.

Has MidAmerican Energy Co filed 2025 data with EIA?

Its latest filing year is 2024, with 88 SAIDI minutes and 11.01 cents for homes.

Utilities with a similar home price

Home prices nearest to MidAmerican Energy Co at 11.01 ¢/kWh in 2024, among companies with a page here, any state.

More on MidAmerican Energy Co

Rate plans on file

13 home plan records, energy charges: 3.1 to 22.3 ¢/kWh.

Who offers time-of-use and tiered rates (17 Apr 2026 snapshot).

Primary sources for MidAmerican Energy Co in Iowa: 11.01 ¢ home rates, SAIDI and solar

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MidAmerican Energy Co: 791 kWh a month costs roughly $87 in energy at 11.01 ¢/kWh, -17.8% on the Iowa average of 13.40 ¢.