Iowa electricity prices, May 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In May 2026, residential customers in Iowa paid an average of 14.14¢ per kilowatthour, little changed on the same month a year earlier (14.16¢). The US average for the month was 18.44¢; Iowa was 23% below that. It ranked 43rd highest among the 50 states and the District of Columbia.
Residential sales were 1,029,617 MWh, up 9.1% on a year earlier, and the average residential bill for the month was $98.11 on 694 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.
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
| Sector | May 2026 | May 2025 | Change | US, May 2026 |
|---|---|---|---|---|
| Residential | 14.14¢ | 14.16¢ | -0.1% | 18.44¢ |
| Commercial | 10.58¢ | 10.61¢ | -0.3% | 13.54¢ |
| Industrial | 6.62¢ | 6.60¢ | +0.3% | 8.71¢ |
| All sectors | 9.12¢ | 9.14¢ | -0.2% | 13.83¢ |
Sales and customers
| Measure | May 2026 | May 2025 | Change |
|---|---|---|---|
| Residential sales | 1 TWh | 944.1 GWh | +9.1% |
| Sales, all sectors | 4.8 TWh | 4.4 TWh | +8.7% |
| Residential customers | 1,483,723 | 1,469,914 | +0.9% |
| Average residential bill | $98.11 | $90.95 | +7.9% |
| Average residential use, kWh | 694 | 642 | +8.1% |
| US residential price | 18.44¢ | 17.37¢ | +6.2% |
The two years to May 2026
Iowa residentialUS residential
Questions and answers
What was the average electricity price in Iowa in May 2026?
14.14¢ per kilowatthour for residential customers, 10.58¢ for commercial and 6.62¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 14.16¢ in May 2025, a change of -0.1%. Residential sales changed by +9.1% over the same period.
What was the average residential bill that month?
$98.11, on average use of 694 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.