Electricity Rates Comparison
Data from U.S. Energy Information Administration (EIA) · November 2025
| Metric | Illinois | Iowa | National Avg |
|---|---|---|---|
| Residential Rate (¢/kWh) | 18.31¢ | 13.55¢ | 17.24¢ |
| Commercial Rate (¢/kWh) | 12.42¢ | 10.26¢ | — |
| Industrial Rate (¢/kWh) | 10.10¢ | 6.40¢ | — |
| Avg Monthly Bill | $126.91 | $112.77 | $152.02 |
| Avg Monthly Usage (kWh) | 693 | 832 | — |
| Market Type | deregulated | regulated | — |
Iowa has a lower residential electricity rate at 13.55¢/kWh compared to Illinois's 18.31¢/kWh — a difference of 4.76¢/kWh (35.1%).
The average monthly electric bill in Illinois is $126.91 (693 kWh/month), while in Iowa it is $112.77 (832 kWh/month). The national average is $152.02.
Illinois has a deregulated electricity market, while Iowa has a regulated market. In deregulated markets, consumers can choose their electricity supplier, which may offer more competitive rates.
The national average residential rate is 17.24¢/kWh. Illinois is above the national average at 18.31¢/kWh, and Iowa is below the national average at 13.55¢/kWh.
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