Billowatt

Cost to Run a Electric Water Heater in Iowa

Iowa's average residential electricity rate is 13.9¢/kWh as of April 2026 — the 6th cheapest in the country, 26% below the U.S. average. At typical usage (2.9 hours/day), a electric water heater here costs $55.14 per month.

Per hour

$0.63

at 3,500–5,500 W

Per day

$1.81

2.9 hours/day

Per month

$55.14

397 kWh

Per year

$662

4,763 kWh

By usage level in Iowa

Usage Per day Per month Per year
Light (1.45 hrs/day) $0.91 $27.57 $331
Typical (2.9 hrs/day) $1.81 $55.14 $662
Heavy (5.8 hrs/day) $3.63 $110 $1,324

Iowa vs. the rest of the country

Monthly cost at typical usage.

Iowa $55.14
Midwest average $65.72
U.S. average $74.58

Frequently asked questions

How much does it cost to run a electric water heater in Iowa?

At Iowa's current average residential rate of 13.9¢/kWh (April 2026), a electric water heater with typical usage costs about $1.81 per day, $55.14 per month, or $662 per year.

Is running a electric water heater in Iowa more expensive than average?

No — it's cheaper. Iowa's rate is about 26% below the U.S. average: $55.14 per month here versus $74.58 nationally.

What does electricity cost in Iowa right now?

Iowa residents pay an average of 13.9¢ per kWh as of April 2026 — the 6th cheapest rate of the 51 U.S. jurisdictions we track.

Electric Water Heater costs in nearby states

What else costs to run in Iowa

See the full Iowa electricity cost guide →