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

Electricity rates in 50031 — Beaver, IA

Homes in ZIP 50031 pay about 13.6¢ per kWh (Midland Power Coop, 2024 average). The Iowa average is 17.1¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price13.6¢per kWh
UtilityMidland Power Coop
IA average17.1¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$1911,407 kWh/month, 2024

What a month of electricity costs

500 kWh / month$68
900 kWh / month$122
1,200 kWh / month$163
1,400 kWh / month · avg. use$190

Monthly cost at the average price of 13.6¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 50031 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving 50031

UtilityHome priceAvg. billCustomers in IA
Midland Power Coop
Cooperative
13.6¢
2024
$19111,939
Interstate Power and Light Co.
Investor Owned · serves Boone County
18.6¢
Jan–Aug 2026
$128417,153
City of Story City (IA)
Municipal · serves Boone County
10.8¢
2024
$2752,039
City of Ogden (IA)
Municipal · serves Boone County
17.8¢
2024
$1651,146

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Boone County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

Iowa price trend

10¢12¢14¢16¢18¢20¢20222023202420252026Iowa averageU.S. average 10¢12¢14¢16¢18¢20¢20222023202420252026Iowa averageU.S. average
Iowa averageU.S. average
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.

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 about 50031

How much does electricity cost in 50031?

About 13.6¢ per kWh for homes (Midland Power Coop, 2024 average, EIA). At 900 kWh a month that is roughly $122.

Who is the electric utility for 50031?

Midland Power Coop, with about 11,939 residential customers in Iowa; 3 other utilities also serve parts of the area.

Is electricity in IA getting more expensive?

The Iowa residential average was 17.1¢ per kWh in August 2026, up 10.2% from a year earlier; the U.S. average was 18.2¢.