Iowa
Electricity costs 13.72¢/kWh residential, ranking #16 cheapest in the US. 65.5% renewable energy.
13.72¢
Residential Rate
#16
Price Rank (Cheapest)
65.5%
Renewable Energy
#5
Renewable Rank
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Electricity Rates
| Residential | 13.72¢/kWh |
| Commercial | 11.05¢/kWh |
| Industrial | 7.20¢/kWh |
| National Average | 17.92¢/kWh |
Electricity Generation Mix
Wind
62.8%
Coal
20.5%
Natural Gas
13.9%
Hydro
1.5%
Solar
0.9%
Other
0.4%
Frequently Asked Questions
The residential electricity rate in Iowa is 13.72¢ per kilowatt-hour, ranking #16 cheapest out of 51 states. The national average is 17.92¢/kWh, making Iowa 23% below average.
65.5% of Iowa's electricity comes from renewable sources, ranking #5 among all states. The largest generation source is Wind at 62.8%.
Iowa's residential rate of 13.72¢/kWh is 23% below the national average of 17.92¢/kWh. Commercial rates are 11.05¢/kWh and industrial rates are 7.20¢/kWh.
Related State Energy Profiles
13.38¢/kWh residential · 81.6% renewable
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13.49¢/kWh residential · 12.1% renewable
14.02¢/kWh residential · 13.8% renewable
14.03¢/kWh residential · 4.3% renewable
22.92¢/kWh residential · 99.8% renewable
Electricity rates from EIA retail sales data. Prices in cents per kilowatt-hour. Generation mix from EIA electric power operational data. Rankings based on residential rates.
At 13.72¢/kWh, residential electricity in Iowa is 23% below the U.S. average of 17.92¢/kWh — the 16th cheapest residential rate among 51 states and territories tracked.
Across rate classes, commercial customers pay 11.05¢/kWh and industrial customers 7.20¢/kWh — a 3.85¢/kWh gap that reflects the volume discounts large industrial loads receive. Renewables supply 65.5% of Iowa's electricity generation — the 5th highest renewable share nationally — with wind the single largest source at 62.8%, followed by coal at 20.5%.
In 2024, Iowa generated about 70,464 GWh of electricity in total.
Source: U.S. Energy Information Administration, 2026.