Iowa electricity and natural gas rates
Electricity
14.14¢
per kWh
Natural gas
$1.52
per therm
Residential sector, US Energy Information Administration, 2026-05. Updated monthly.
How Iowa compares
At 14.14¢ per kWh, Iowa is below the national average of 19.41¢, making it the 9th cheapest of the 51 states we track.
What a typical Iowa household uses
Electricity a month
850 kWh
Bill a month
$119
Households in Iowa use about as much electricity as the national average and pay 20% less than average. Light use and a below-average rate together, which is the cheapest position a state can be in. The climate pulls the other way here: 6,600 heating degree days against 1,000 cooling ones, so how a home is heated matters more than how it is cooled.
Averaged over twelve months across 1,483,723 residential accounts in Iowa. Source: EIA.
What this means for heating
Iowa sees around 145 freezing nights a year. Whether a heat pump beats a furnace here depends on the gap between those two prices above — not on the equipment.
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