Electricity Rates in Iowa

Electricity Rates, Plans & Statistics

Electricity Companies & Statistics in Iowa

  • Population
    see rank
    3,190,369
  • Total Production
    see rank
    69,683,290 MWh / 21.84 MWh per capita
  • Total Consumption
    see rank
    54,084,241 MWh / 16.95 MWh per capita
  • Total Production from Renewable
    see rank
    44,347,702 MWh / 13.9 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    16,196,440,146 kg / 5,076.67 kg per capita
  • Total Production from Non-Renewable
    see rank
    25,335,626 MWh / 7.94 MWh per capita
Coverage Map Placeholder

Average Residential Electricity Bills & Rates in Iowa

Iowa residential electric rates are highest in January and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.105/kWh$169.07/mo.$80.34/mo.
23rd12.98¢Average residential price per kWh in the state of Iowa
17th$115.05Average residential monthly electricity bill for Iowa Residents

Iowa Electricity Fuel Mix

MonthlyWe report production data as it is published. Due to reporting methods and timing, data from 2022 and 2021 may be incomplete. Data is released in full each fall for the previous calendar year. For clarification on any data points, please contact our team.
AnnualAnnual data for 2021 will be finalized in the fall of 2022. Until that time, some data may be incomplete. Data for 2022 is a summation of all information released to date, which may only represent a portion of the actual production that has occurred. For clarification on any data points, please contact our team.

Iowa's Electricity Prices and Usage

Residents in Iowa enjoy a lower residential electricity rate than many people around the US, with an average state electric rate of 12.98 cents per kilowatt hour compared to the US average price of 14.46 cents. There are over 180 electric providers that call the state home, but due to the electricity market regulations in place residents most likely have only one or two electricity company choices determined by their location. Consumers in Iowa are faced with 1.1 electrical outages a year with outages lasting an average of 104.04 minutes. The state emitted 16,196,440,146.21 kilograms of CO2 emissions from electricity consumption, causing it to be the 32nd highest polluting state in the US based on total CO2 output. The state is the 8th largest producer of electricity per capita, with an average of 21.84 megawatt hours produced per capita a year. Within the last year, Iowa has seen a 18.24% increase in electricity production using renewable fuels rather than non-renewable sources, such as oil.

Residential Electricity Providers in Iowa

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
Alliant EnergyBUNDLED17.52134.283,771,926660,870,26113,636,809.64
Linn County RECBUNDLED11.81110.25302,63735,756,000
Eastern Iowa Light & PowerBUNDLED12.45143.19298,37937,136,400
North West Rural Electric CooperativeBUNDLED9.12213.97259,77623,686,500
Midland Power CoopBUNDLED12.17182.49205,06124,953,000
Ames UtilitiesBUNDLED11.6068.89173,42320,123,000247,098
Iowa Lakes Electric CooperativeBUNDLED12.32189.23172,46121,249,60069,877
Cedar Falls Electric UtilityBUNDLED9.4478.71172,29616,256,300196,639.73
Maquoketa Valley ElectricBUNDLED12.11133.33139,74816,923,400
East-Central Iowa Rural Electric CooperativeBUNDLED11.31157.19132,41014,973,000
177 providers total

Commercial Electricity Providers in Iowa

ProviderService TypeCommercial Rate (¢)Commercial Average Bill ($)Commercial Sales (MWh)Commercial Revenues ($)State Production (MWh)
Alliant EnergyBUNDLED13.37533.674,104,855548,890,10913,636,809.64
North West Rural Electric CooperativeBUNDLED7.152,667.54388,24327,753,100
Ames UtilitiesBUNDLED8.14711.31319,67826,033,800247,098
Cedar Falls Electric UtilityBUNDLED6.86597.42226,37815,535,400196,639.73
Maquoketa Valley ElectricBUNDLED10.27217.58150,21415,431,000
Muscatine Water,Electric and CommunicationsBUNDLED8.66646.62139,13712,042,600971,773
Iowa Lakes Electric CooperativeBUNDLED11.15352.91131,95314,708,00069,877
Spencer Municipal UtilitiesBUNDLED7.97489.2779,590.136,346,833.9643,019.62
MiEnergy CooperativeBUNDLED11.36648.675,5718,584,900
Raccoon Valley ElectricBUNDLED9.741,292.7473,733.597,182,467.69
173 providers total

Power Plants in Iowa

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Walter Scott Jr Energy CenterMontezuma, Indiana Electric Utility (0.18%)MidAmerican Energy (70.58%)Corn Belt Power Cooperative (4.59%)Atlantic Municipal Utilities (1.40%)Alta Municipal Utilities (0.06%)Sumner, Iowa Electric Utility (0.06%)Eldridge Electric (0.23%)West Bend Electric (0.06%)Municipal Energy Agency of Nebraska (3.03%)Cedar Falls Electric Utility (2.68%)Lincoln Electric System (5.55%)Central Iowa Power Cooperative (10.65%)Spencer Municipal Utilities (0.50%)Waverly Utilities (0.18%)New Hampton Electric (0.25%)
Council Bluffs Coal 5,646,270.025,483,443,691.43971.16
OttumwaMidAmerican Energy (52.00%)Alliant Energy (48.00%)
Wapello County Coal 3,680,134.033,777,931,285.221,026.57
LouisaMidAmerican Energy (88.00%)Eldridge Electric (0.50%)Geneseo Municipal Utilities (0.50%)Harlan Municipal Utilities (0.80%)Alliant Energy (4.00%)Waverly Utilities (1.10%)Central Iowa Power Cooperative (4.60%)Tipton Utilities (0.50%)
Louisa County Coal 3,359,7073,425,219,466.021,019.5
Marshalltown Generating StationAlliant Energy (100.00%)
Marshalltown Natural Gas 2,820,7571,062,039,303.08376.51
Orient Wind FarmMidAmerican Energy (100.00%)
Orient Wind 2,123,685
Highland Wind Project (IA)MidAmerican Energy (100.00%)
O'Brien County Wind 1,872,411
Emery StationAlliant Energy (100.00%)
Cerro Gordo County Natural Gas 1,621,301715,708,936.32441.44
Palo Alto Wind FarmMidAmerican Energy (100.00%)
Palo Alto County Wind 1,617,846
North EnglishMidAmerican Energy (100.00%)
Poweshiek County Wind 1,455,874
Beaver Creek WindMidAmerican Energy (100.00%)
Boone County Wind 1,441,573
245 power plants total

Quick Facts

The largest provider in the state of Iowa by megawatt hours sold is Alliant Energy.

Iowa averages 16.95 megawatt hours consumed per year per person. The state is 8th for megawatt hours consumed per person.

Iowa has seen a reduction of 2.88% in coal consumption for the generation of electricity throughout the past year.

18,791,966.98 megawatt hours are generated from coal in the state of Iowa. With 3,190,369 citizens, this is 5.89 megawatt hours per person.

The population of Iowa has grown by 1.12% in the past year.

Iowa has seen a rise in electricity production from solar power of roughly 95.38% year over year.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Adair County7,49661613.41$164.72/mo
Adams County3,7043212.76$133.90/mo
Allamakee County14,0613215.48$150.86/mo
Appanoose County12,317315.09$133.97/mo
Audubon County5,6746212.52$168.01/mo
Benton County25,5755112.69$150.56/mo
Black Hawk County131,1444610.47$126.30/mo
Boone County26,7153313.84$167.25/mo
Bremer County24,9886414.77$195.51/mo
Buchanan County20,5654112.09$153.73/mo
Buena Vista County20,8235112.82$183.91/mo
Butler County14,334513.64$234.32/mo
Calhoun County9,927313.37$217.68/mo
Carroll County20,7606414.58$209.35/mo
Cass County13,1277612.57$141.16/mo
Cedar County18,5055313.86$138.73/mo
Cerro Gordo County43,1273416.61$155.91/mo
Cherokee County11,6584312.24$189.34/mo
Chickasaw County12,0128114.70$190.67/mo
Clarke County9,748213.90$142.95/mo
Clay County16,3844413.32$175.78/mo
Clayton County17,0436315.60$146.99/mo
Clinton County46,4603113.54$141.15/mo
Crawford County16,5256213.50$195.87/mo
Dallas County99,678313.13$139.49/mo
Davis County9,1103115.94$166.98/mo
Decatur County7,6455113.75$137.72/mo
Delaware County17,4884413.25$133.98/mo
Des Moines County38,9105114.08$137.94/mo
Dickinson County17,7035513.34$178.32/mo
Dubuque County99,2663313.55$133.42/mo
Emmet County9,3884212.97$180.33/mo
Fayette County19,5093115.25$147.52/mo
Floyd County15,6274314.03$206.09/mo
Franklin County10,0194314.69$213.46/mo
Fremont County6,605212.56$107.42/mo
Greene County8,7715413.07$177.53/mo
Grundy County12,3294413.04$178.30/mo
Guthrie County10,6235311.98$139.54/mo
Hamilton County15,03910113.15$156.67/mo
Hancock County10,7953213.74$168.85/mo
Hardin County16,8782213.54$170.16/mo
Harrison County14,582413.51$221.00/mo
Henry County20,4824214.05$136.55/mo
Howard County9,4693215.58$161.66/mo
Humboldt County9,597412.19$181.95/mo
Ida County7,005129.12$213.97/mo
Iowa County16,6625313.06$132.84/mo
Jackson County19,4856512.58$111.20/mo
Jasper County37,813315.96$141.63/mo
Jefferson County15,663213.49$141.02/mo
Johnson County152,8544412.86$131.57/mo
Jones County20,646213.72$133.62/mo
Keokuk County10,033214.45$130.95/mo
Kossuth County14,8289613.32$165.78/mo
Lee County33,5558215.40$136.68/mo
Linn County230,2995514.12$121.31/mo
Louisa County10,8372213.58$141.20/mo
Lucas County8,634314.43$137.55/mo
Lyon County11,934519.93$237.03/mo
Madison County16,5484213.67$163.01/mo
Mahaska County22,1903113.97$144.91/mo
Marion County33,4143412.82$145.13/mo
Marshall County40,1054615.33$147.65/mo
Mitchell County10,5653312.54$186.23/mo
Monona County8,751313.73$192.06/mo
Monroe County7,5772113.24$123.95/mo
Montgomery County10,3303112.18$133.25/mo
Muscatine County43,2355412.99$138.73/mo
O'Brien County14,182739.44$207.50/mo
Osceola County6,1927511.78$248.26/mo
Page County15,2113112.81$126.28/mo
Palo Alto County8,9964312.77$182.05/mo
Plymouth County25,698519.13$212.59/mo
Pocahontas County7,0786313.06$181.41/mo
Polk County492,4017512.42$127.15/mo
Pottawattamie County93,6673213.99$202.00/mo
Poweshiek County18,6625615.61$132.32/mo
Ringgold County4,663512.99$135.70/mo
Sac County9,8147313.83$199.42/mo
Scott County174,6698213.53$129.76/mo
Shelby County11,7465113.98$199.15/mo
Sioux County35,87259.13$210.64/mo
Story County98,53751314.86$148.01/mo
Tama County17,1357413.49$151.71/mo
Taylor County5,8964413.79$146.61/mo
Union County12,1385214.31$143.73/mo
Van Buren County7,203715.12$155.06/mo
Wapello County35,4374216.32$147.12/mo
Warren County52,4035113.26$139.03/mo
Washington County22,565416.09$137.63/mo
Wayne County6,497513.79$132.43/mo
Webster County36,9998412.86$177.81/mo
Winnebago County10,6794612.33$188.29/mo
Winneshiek County20,0702115.75$159.68/mo
Woodbury County105,9415214.37$203.57/mo
Worth County7,4434614.49$166.67/mo
Wright County12,9435212.78$195.37/mo

Power Plant Fuel Types, Emissions & Pollution Factors

In Iowa, Wind is 61.27% of the fuel utilized for electricity generation. Coal (26.97%) is also used for electricity generation, as well as Natural Gas (9.25%). Electricity use in the state results in the release of 16,196,440,146.21 kilograms of CO2 emissions per year, which is 32nd largest emissions amount in the country. Additionally, the state ranks 22nd worst in the nation in pollution per capita, which could be argued to be the more important statistic. Iowa has the 9th most electricity generation plants of any state in the nation, with 245 total plants. This equates to the 5th most power plants per resident in the nation.

WIND
Wind
Wind
Wind
Wind
Wind
Wind
Wind
61.27%
COAL
Coal
Coal
Coal
26.97%
NATURAL GAS
Natural Gas
9.25%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
1.66%
SOLAR
Solar
0.42%
OTHER
Other
0.44%

Iowa Net Metering

About 33.90% of the electric companies in Iowa offer net metering to their consumers. The state has decent net metering and feed in tariffs that make solar and other types of electricity generation more feasible.

Energy Loss

The average energy loss for providers in Iowa is 1.85%. This includes data from 19 providers, including Alliant Energy, Linn County REC, and Ames Utilities. The national average is 2.76%, resulting in Iowa having a rank of 8th best in the country for energy loss efficiency.

Solar Taxes And Rebates

States that want to support solar panel installs at private residences can do this by passing solar related tax and rebate incentives. With over $2000 or 20% in tax credits for solar purchases, Iowa has decent options for state solar tax credits. Offering no rebates for solar panel purchases, the state is currently dropping the ball for its citizens who want to install private solar panels. Iowa offers consumers a 100% tax exemption that lasts less than 10 years. There is currently a 100% sales tax exemption in place for the install of solar panels.

State Level Initiatives

Policies enforced at the state level affect whether customers who are looking for renewable energy sources can easily find alternatives. States that have Renewable Portfolio Standards (RPS) have requirements in place for electric suppliers who sell electricity in the state. These standards dictate that a percentage of electricity must be produced from green energy. Sadly, Iowa only has limited or discretionary standards program set up. In addition, there are currently no low income solar programs to assist low income families to install solar panels.

Learn about going solar in Iowa, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Electricity in Iowa

How much does electricity cost in Iowa?

Anything below the Iowa average of 12.98 cents per kilowatt hour would be a good electricity rate. The rates in the state range from 7.27 cents to 23.72 cents per kilowatt hour, with Coggon, Iowa Electric Utility currently having the lowest rates.

Which electricity company is the largest provider in Iowa?

By total customer count, Alliant Energy is the largest electricity company in Iowa.

What is the average electric bill in Iowa?

In 2022, Iowa has an average electric bill of $115, and the nationwide average is $130.

Does Iowa have a deregulated electricity market?

No, Iowa has a regulated electricity market where consumers often have only a single supplier choice for their electricity needs.

Where does Iowa get its electricity?

The primary fuel type used for electricity production in Iowa is Wind, making up 61.27% of the fuel used in the state. Coal and Natural Gas also account for 26.97% and 9.25% respectively.

How many electric companies offer service in Iowa?

There are 177 electricity suppliers offering service in Iowa.

How many power plants are within Iowa?

There are 245 electricity plants located in Iowa.

What electricity companies are in Iowa?

What is the cheapest electricity company in Iowa?

Last Reviewed By: Alex Zdanov
Published: 2022-10-20