Electricity Rates Comparison
Data from U.S. Energy Information Administration (EIA) · November 2025
| Metric | Iowa | Minnesota | National Avg |
|---|---|---|---|
| Residential Rate (¢/kWh) | 13.55¢ | 15.67¢ | 17.24¢ |
| Commercial Rate (¢/kWh) | 10.26¢ | 11.61¢ | — |
| Industrial Rate (¢/kWh) | 6.40¢ | 9.17¢ | — |
| Avg Monthly Bill | $112.77 | $111.62 | $152.02 |
| Avg Monthly Usage (kWh) | 832 | 712 | — |
| Market Type | regulated | regulated | — |
Iowa has a lower residential electricity rate at 13.55¢/kWh compared to Minnesota's 15.67¢/kWh — a difference of 2.12¢/kWh (13.5%).
The average monthly electric bill in Iowa is $112.77 (832 kWh/month), while in Minnesota it is $111.62 (712 kWh/month). The national average is $152.02.
Iowa has a regulated electricity market, while Minnesota has a regulated market.
The national average residential rate is 17.24¢/kWh. Iowa is below the national average at 13.55¢/kWh, and Minnesota is below the national average at 15.67¢/kWh.
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