EIA data through August 2026 · updated 2026-10-29

MidAmerican Energy Co. electricity rates

MidAmerican Energy Co. (investor owned) residential customers paid about 11.8¢ per kWh (Jan–Aug 2026) — an average bill of $87 for 791 kWh a month.

Avg. home price11.8¢per kWh
Residential customers632,436IA, 2024
Avg. monthly use791kWh
Commercial8.4¢per kWh
Industrial6.0¢per kWh

What a month costs with MidAmerican Energy Co.

500 kWh / month$59
900 kWh / month$106
1,200 kWh / month$142

Monthly cost at the average price of 11.8¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

8¢11¢14¢17¢20¢20222023202420252026Iowa averageU.S. averageMidAmerican Energy Co. 8¢11¢14¢17¢20¢20222023202420252026Iowa averageU.S. averageMidAmerican Energy Co.
Iowa averageU.S. averageMidAmerican Energy Co.
Aug 202617.1¢per kWh
vs. 1 year ago+10.2%15.5¢
vs. 5 years ago+17%14.6¢
Record high17.1¢Aug 2026
Avg. home bill$149872 kWh, Aug
EIA forecast, West North Central13.1¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the West North Central region, which includes Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota.

By state

StateHome price (2024)Avg. billCustomers
Iowa11.0¢$87632,436
Illinois10.0¢$7173,582
South Dakota8.7¢$944,236

ZIP codes served

50001Ackworth50003Adel50006Alden50007Alleman50009Altoona50020Anita50021Ankeny50022Atlantic50023Ankeny50025Audubon50027Barnes City50028Baxter50032Berwick50034Blairsburg50035Bondurant50038Booneville50039Bouton50042Brayton50043Buckeye50044Bussey50046Cambridge50047Carlisle50049Chariton50054Colfax50055Collins50057Columbia50058Coon Rapids50061Cumming50062Melcher Dallas50063Dallas Center50066Dawson50069De Soto50070Dexter50071Dows50072Earlham50073Elkhart50075Ellsworth50076Exira50101Galt50102Garden City50104Gibson50109Granger50110Gray50111Grimes50112Grinnell50116Hamilton50117Hamlin50118Hartford50119Harvey50122Hubbard50124Huxley50125Indianola50126Iowa Falls50127Ira50130Jewell50131Johnston50132Kamrar50135Kellogg50137Killduff50138Knoxville50139Lacona50143Leighton50145Liberty Center50146Linden50149Lorimor50150Lovilia50151Lucas50153Lynnville50155Macksburg50156Madrid50157Malcom50160Martensdale50161Maxwell50163Melcher Dallas50166Milo50167Minburn50168Mingo50169Mitchellville50170Monroe50171Montezuma50206New Providence50207New Sharon50208Newton50210New Virginia50211Norwalk50214Otley50218Patterson50219Pella50220Perry50222Peru50225Pleasantville50226Polk City50227Popejoy50228Prairie City50229Prole50230Radcliffe50231Randall50232Reasnor50233Redfield50237Runnells50240Saint Charles50241Saint Marys50242Searsboro50243Sheldahl50244Slater50246Stanhope50249Stratford50250Stuart50251Sully50252Swan50256Tracy50257Truro50258Union50261Van Meter50263Waukee50265West Des Moines50266West Des Moines50268What Cheer50269Whitten50271Williams50273Winterset50274Wiota50276Woodward50301Des Moines50302Des Moines50303Des Moines50304Des Moines50305Des Moines50306Des Moines50307Des Moines50308Des Moines50309Des Moines50310Des Moines50311Des Moines50312Des Moines50313Des Moines50314Des Moines50315Des Moines50316Des Moines50317Des Moines50318Des Moines50319Des Moines50320Des Moines50321Des Moines50322Urbandale50323Urbandale50324Windsor Heights50325Clive50327Pleasant Hill50328Des Moines

and 562 more.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is MidAmerican Energy Co.’s electricity rate?

About 11.8¢ per kWh for residential customers (Jan–Aug 2026 average, EIA-861M), including fixed charges spread over usage.

What is the average MidAmerican Energy Co. electric bill?

$87 a month in 2024, for an average of 791 kWh (EIA-861).

Is MidAmerican Energy Co. cheaper than the Iowa average?

Yes: 11.8¢ versus the Iowa average of 17.1¢ (Aug 2026).