Cost to Run a Heat Pump in Iowa
Iowa's average residential electricity rate is 16¢/kWh as of July 2026 — the 23rd cheapest in the country, 13% below the U.S. average. At typical usage (8 hours/day), a heat pump here costs $117 per month.
Per hour
$0.48
at 1,000–5,000 W
Per day
$3.84
8 hours/day
Per month
$117
730 kWh
Per year
$1,402
8,760 kWh
By usage level in Iowa
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (4 hrs/day) | $1.92 | $58.37 | $701 |
| Typical (8 hrs/day) | $3.84 | $117 | $1,402 |
| Heavy (16 hrs/day) | $7.68 | $233 | $2,803 |
Iowa vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a heat pump in Iowa?
At Iowa's current average residential rate of 16¢/kWh (July 2026), a heat pump with typical usage costs about $3.84 per day, $117 per month, or $1,402 per year.
Is running a heat pump in Iowa more expensive than average?
No — it's cheaper. Iowa's rate is about 13% below the U.S. average: $117 per month here versus $134 nationally.
What does electricity cost in Iowa right now?
Iowa residents pay an average of 16¢ per kWh as of July 2026 — the 23rd cheapest rate of the 51 U.S. jurisdictions we track.