Billowatt

Cost to Run a Heat Pump 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 (8 hours/day), a heat pump here costs $101 per month.

Per hour

$0.42

at 1,000–5,000 W

Per day

$3.34

8 hours/day

Per month

$101

730 kWh

Per year

$1,218

8,760 kWh

By usage level in Iowa

Usage Per day Per month Per year
Light (4 hrs/day) $1.67 $50.71 $609
Typical (8 hrs/day) $3.34 $101 $1,218
Heavy (16 hrs/day) $6.67 $203 $2,435

Iowa vs. the rest of the country

Monthly cost at typical usage.

Iowa $101
Midwest average $121
U.S. average $137

Frequently asked questions

How much does it cost to run a heat pump in Iowa?

At Iowa's current average residential rate of 13.9¢/kWh (April 2026), a heat pump with typical usage costs about $3.34 per day, $101 per month, or $1,218 per year.

Is running a heat pump in Iowa more expensive than average?

No — it's cheaper. Iowa's rate is about 26% below the U.S. average: $101 per month here versus $137 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.

Heat Pump costs in nearby states

What else costs to run in Iowa

See the full Iowa electricity cost guide →