Iowa Electricity

2024 energy prices and generation data from the EIA

Residential Rate

13.40¢/kWh

Residential

13.40¢/kWh

1.4M customers

Commercial

10.22¢/kWh

251.7K customers

Industrial

6.80¢/kWh

9.5K customers

Residential Price History

Year Price Change
2016 11.94¢/kWh -3.2%
2017 12.34¢/kWh +0.8%
2018 12.24¢/kWh -1.8%
2019 12.46¢/kWh 0.0%
2020 12.46¢/kWh -2.1%
2021 12.73¢/kWh -3.2%
2022 13.15¢/kWh -1.2%
2023 13.31¢/kWh -0.7%
2024 13.40¢/kWh

Market Overview

Residential Revenue

$1939.2M

Commercial Revenue

$1309.9M

Residential Sales

14.5M MWh

Residential Customers

1.4M

Data from the U.S. Energy Information Administration (2024). Prices in cents per kilowatt-hour (kWh).