Iowa residential electricity rates
For 1,448,818 Iowa residential accounts the 2024 average price was 13.40 cents per kWh on 14.5 TWh of sales.
In 2024 Iowa residential accounts paid 13.40 ¢/kWh, rank 36 of 51 and 18.7% below the U.S. residential price (16.48 ¢). A Iowa account using 832 kWh a month pays about $112. Since 2015 the Iowa price moved +15.2%.
Iowa sits 0.68 ¢ under Georgia, the state above, and 0.01 ¢ over Mississippi, the state below. At 832 kWh a month, energy in Iowa costs 16 dollars more than in North Dakota, the cheapest residential state.
How it compares
| Residential price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Iowa | 13.40 ¢/kWhthis state | 11.63 ¢/kWh | +15.2% | $112at 832 kWh |
| Georgia (next above) | 14.08 ¢/kWh+0.68 ¢ against Iowa | 11.54 ¢/kWh | +22.0% | $117at 832 kWh |
| Mississippi (next below)Lowest in this table | 13.39 ¢/kWh-0.01 ¢ against Iowa | 11.27 ¢/kWh | +18.8% | $111at 832 kWh |
Iowa residential: 2025 and 2026
Iowa residential, data to July 2026.
- Iowa 2025 average price
- 13.72 ¢/kWh+2.4% against 2024, U.S. +5.0%
- Iowa 2025 rank
- 36 of 51same place as 2024
- Iowa January to Jul 2026
- 14.20 ¢/kWh+5.0% on Jan-Jul 2025
- Iowa Last 12 months
- 14.13 ¢/kWhto July 2026
- Iowa July 2026
- 15.99 ¢/kWh+4.4% against July 2025
- Iowa 2025 costliest month
- Aug 15.58 ¢cheapest Jan 11.99 ¢, a 30% spread
- Iowa Typical 2025 bill
- $118 a monthtop Jul $173, low Apr $86
The Iowa residential price averaged 13.72 ¢/kWh in 2025, +2.4% on 2024: Iowa ran 2.6 points slower than the nation. From January to July 2026 the Iowa average is 14.20 ¢, +5.0% on 2025, 2.1 points below the U.S. change. Seasonality in Iowa: 2025 peaked in August at 15.58 ¢ and bottomed in January at 11.99 ¢. A typical residential account in Iowa paid about $1,411 for energy over 2025, from $86 in April to $173 in July; use per account ran 645 to 1,131 kWh a month.
Iowa residential price by month, 2024 to Jul 2026
Price by month, Iowa residential: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 11.78 | 11.99 | 12.83 |
| Feb | 12.07 | 12.14 | 12.74 |
| Mar | 12.77 | 12.48 | 13.42 |
| Apr | 13.01 | 13.34 | 13.86 |
| May | 14.15 | 14.16 | 14.14 |
| Jun | 14.76 | 15.33 | 15.93 |
| Jul | 14.88 | 15.31 | 15.99 |
| Aug | 14.78 | 15.58 | No data |
| Sep | 14.05 | 14.79 | No data |
| Oct | 13.17 | 13.48 | No data |
| Nov | 13.18 | 13.55 | No data |
| Dec | 12.30 | 12.60 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Iowa residential account paid each month
Iowa residential: use per account times price, energy only.
Typical bill by month, Iowa residential: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 132 | 138 |
| Feb | 119 | 111 |
| Mar | 103 | 108 |
| Apr | 86 | 92 |
| May | 91 | 98 |
| Jun | 134 | 136 |
| Jul | 173 | 193 |
| Aug | 153 | No data |
| Sep | 112 | No data |
| Oct | 95 | No data |
| Nov | 90 | No data |
| Dec | 123 | No data |
12 rows from EIA retail sales.
CSVIowa residential charts
Residential price, Iowa and U.S.
Iowa 11.63 ¢ in 2015 and 13.40 ¢ in 2024, 3.08 ¢ under the national figure.
Iowa residential price vs U.S., 2015 to 2024: 10 rows
| Year | Iowa residential | Gap to U.S. residential | Iowa commercial |
|---|---|---|---|
| 2015 | 11.63 | -1.02 | 8.92 |
| 2016 | 11.94 | -0.61 | 9.17 |
| 2017 | 12.34 | -0.55 | 9.46 |
| 2018 | 12.24 | -0.63 | 9.68 |
| 2019 | 12.46 | -0.55 | 9.99 |
| 2020 | 12.46 | -0.69 | 9.96 |
| 2021 | 12.73 | -0.93 | 10.17 |
| 2022 | 13.15 | -1.89 | 10.55 |
| 2023 | 13.31 | -2.69 | 10.33 |
| 2024 | 13.40 | -3.08 | 10.22 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +3.4% in 2017; latest +0.7%.
% vs prior year
- +2.72016
- +3.42017
- -0.82018
- +1.82019
- +0.02020
- +2.22021
- +3.32022
- +1.22023
- +0.72024
Year-over-year change, Iowa residential price: EIA retail sales.
CSVAnalyst note
The Iowa residential price sat above the U.S. average in 0 of 10 years; the gap was -1.02 ¢ in 2015 and -3.08 ¢ in 2024. In the 2024 ranking Iowa sits between Georgia (14.08 ¢) one place above and Mississippi (13.39 ¢) one place below; the top of the list is 29.46 ¢ away and the bottom 1.89 ¢. Iowa was 28th in 2015 with 11.63 ¢ and is 36th now; a fall in the table. Iowa residential prices rose in 7 of 9 years. The largest rise was +3.4% in 2017, and the largest fall -0.8% in 2018. The Iowa price peaked at 13.40 ¢ in 2024 and bottomed at 11.63 ¢ in 2015; 2024 is the peak and +15.2% from the low. Compounded, that is +1.59% a year in Iowa, -1.40 points against the U.S. Iowa buys 0.98% of all U.S. residential electricity with 1.01% of the accounts, so the average Iowa account uses 0.96 times the national average.
A middle price: 13.40 ¢/kWh for Iowa residential accounts, rank 36 of 51, -18.7% against the U.S. Iowa: +15.2% over nine years, or +1.6% a year, trailing the national +30.3% by 15.1 points; 2017 was the biggest single move (+3.4%) and 2024 the high.
Last year's change in Iowa was +0.7% and flat. Against the commercial price of 10.22 ¢ the gap is 3.18 ¢. Residential sales are 26.3% of Iowa electricity sold, and an average Iowa account used 832 kWh a month, an implied bill near $112.
Counting revenue instead of kWh, Iowa residential accounts bring in 37.8% of Iowa sector revenue on 26.3% of the kWh, a premium of 11.5 points that comes from the price level: 13.40 ¢ here against 10.22 ¢ for commercial and 6.80 ¢ for industrial accounts. The average Iowa residential account uses 832 kWh a month, 31 of 51 among states on that measure; a commercial account uses 5.10 times as much and a industrial account 292.11 times. Residential accounts are 84.73% of the 1,710,011 accounts in Iowa.
Facts
- Residential price 2024
- 13.40 ¢/kWh-18.7% against U.S.
- Price in 2015
- 11.63 ¢/kWh+15.2% to 2024
- Annual change
- +1.6%-1.4 points vs U.S.
- Rank
- 36 of 5115 states cost less
- Gap to U.S.
- -3.08 ¢$25.63 a month
- Peak year
- 202413.40 ¢; 2015 low 11.63 ¢
- Sales
- 14.5 TWh26.3% of state sales
- Residential accounts
- 1,448,818453.33 per 1,000 residents
- Use per account
- 832 kWh/mo9,987 a year
- Implied monthly bill
- $112-$26 against U.S. rate
Data tables
Iowa, residential: price by year
| Year | Iowa | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 11.63 | 12.65 | No data | -1.02 | 0.919 |
| 2016 | 11.94 | 12.55 | +2.7% | -0.61 | 0.951 |
| 2017 | 12.34 | 12.89 | +3.4% | -0.55 | 0.957 |
| 2018 | 12.24 | 12.87 | -0.8% | -0.63 | 0.951 |
| 2019 | 12.46 | 13.01 | +1.8% | -0.55 | 0.958 |
| 2020 | 12.46 | 13.15 | +0.0% | -0.69 | 0.948 |
| 2021 | 12.73 | 13.66 | +2.2% | -0.93 | 0.932 |
| 2022 | 13.15 | 15.04 | +3.3% | -1.89 | 0.874 |
| 2023 | 13.31 | 16.00 | +1.2% | -2.69 | 0.832 |
| 2024 | 13.40 | 16.48 | +0.7% | -3.08 | 0.813 |
Iowa residential: cost by use
| Monthly kWh | Iowa cost a month | Gap to U.S. rate in Iowa |
|---|---|---|
| 210 (0.25x the Iowa account) | $28.14 | -$6.47 |
| 420 (0.5x the Iowa account) | $56.28 | -$12.94 |
| 830 (1x the Iowa account) | $111.22 | -$25.56 |
| 1,250 (1.5x the Iowa account) | $167.50 | -$38.50 |
| 1,660 (2x the Iowa account) | $222.44 | -$51.13 |
| 3,330 (4x the Iowa account) | $446.22 | -$102.56 |
Iowa: the three sectors measured against residential
| Sector | Iowa price ¢/kWh | Price vs residential | Iowa kWh per account a month | Use vs residential | Iowa revenue share | Iowa kWh share |
|---|---|---|---|---|---|---|
| Residential (this page) | 13.40 | 1.00x | 832 | 1.00x | 37.8% | 26.3% |
| Commercial | 10.22 | 0.76x | 4,243 | 5.10x | 25.5% | 23.3% |
| Industrial | 6.80 | 0.51x | 243,102 | 292.11x | 36.7% | 50.3% |
Questions on Iowa residential
How much per kWh do Iowa residential customers pay: 13.40 cents on average?
13.40 cents in 2024, -18.7% against the U.S. rate.
Is Iowa cheap or costly for residential power?
36th of 51, with 15 places charging less.
What is the nine-year price trend for Iowa residential power?
11.63 to 13.40 cents: +15.2% in total, +1.6% a year.
What is a typical monthly residential bill in Iowa?
832 kWh at 13.40 cents, price times use, comes to $112.
How many residential electricity accounts does Iowa have?
1,448,818 accounts, or 453.33 per 1,000 residents.
When were Iowa residential prices highest since 2015?
2024 at 13.40 cents; the low was 11.63 cents in 2015.
What did Iowa residential electricity cost in 2025?
Iowa averaged 13.72 cents per kWh, +2.4% against 13.40 in 2024, and 36 of 51 among states.
Are Iowa residential electricity prices rising in 2026?
Iowa is -2.1 points against the U.S.: 14.20 cents from January to July 2026, +5.0% on 2025.
When in 2025 did Iowa residential power cost most, August or January?
August at 15.58 cents in Iowa; January was the lowest at 11.99, a 30% spread.
Does Iowa residential power cost less than the national average in 2026?
4.02 cents below the national average; Iowa 14.20 cents over January to July 2026, +5.0% on 2025.
More on Iowa residential
- Iowa state hub21 utilities, 535 accounts per 1,000
- Iowa commercial rates10.22 ¢, rank 40 of 51
- Iowa industrial rates6.80 ¢, rank 43 of 51