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Iowa electricity prices, February 2026

Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary

In February 2026, residential customers in Iowa paid an average of 12.74¢ per kilowatthour, up 4.9% on the same month a year earlier (12.14¢). The US average for the month was 17.65¢; Iowa was 28% below that. It ranked 46th highest among the 50 states and the District of Columbia.

Residential sales were 1,292,977 MWh, down 10.1% on a year earlier, and the average residential bill for the month was $111.00 on 871 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as preliminary. Preliminary months come from the Form EIA-861M sample and are revised when the annual census is complete.

12.74¢residential, per kWh+4.9% on Feb 2025
$111.00average residential bill for the monthon 871 kWh
1.3 TWhresidential sales-10.1% on a year earlier
46thhighest residential price of 51US 17.65¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorFeb 2026Feb 2025ChangeUS, Feb 2026
Residential12.74¢12.14¢+4.9%17.65¢
Commercial10.74¢10.05¢+6.9%14.37¢
Industrial6.33¢6.55¢-3.4%8.95¢
All sectors9.08¢9.04¢+0.4%14.36¢

Sales and customers

MeasureFeb 2026Feb 2025Change
Residential sales1.3 TWh1.4 TWh-10.1%
Sales, all sectors4.7 TWh4.8 TWh-1.8%
Residential customers1,483,7401,469,473+1.0%
Average residential bill$111.00$118.86-6.6%
Average residential use, kWh871979-11.0%
US residential price17.65¢16.43¢+7.4%

The two years to February 2026

0¢5¢10¢15¢20¢Feb 2024Jun 2024Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026

Iowa residentialUS residential

Cents per kWh, Form EIA-861M.
← January 2026March 2026 →

Questions and answers

What was the average electricity price in Iowa in February 2026?

12.74¢ per kilowatthour for residential customers, 10.74¢ for commercial and 6.33¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 12.14¢ in February 2025, a change of +4.9%. Residential sales changed by -10.1% over the same period.

What was the average residential bill that month?

$111.00, on average use of 871 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Preliminary" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Iowa page.