How MidAmerican Energy compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs MidAmerican Energy, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| North West Rural Electric Coop | 9.26 | 9,400 | -1.75 | -$189 |
| Cedar Falls Utilities | 10.42 | 17,772 | -0.59 | -$64 |
| MidAmerican Energy Co (this page) | 11.01 | 632,436 | — | — |
| Board of Water Electric & Communications | 12.63 | 10,123 | +1.62 | +$175 |
| East-Central Iowa Rural Elec Coop | 13.28 | 7,368 | +2.27 | +$245 |
| Eastern Iowa Light & Power Coop | 13.56 | 20,749 | +2.54 | +$275 |
| Midland Power Coop | 13.60 | 11,939 | +2.59 | +$280 |
| Maquoketa Valley Rrl Elec Coop | 13.76 | 11,051 | +2.75 | +$297 |
| Iowa Lakes Electric Coop | 13.78 | 9,714 | +2.77 | +$299 |
| Linn County REC | 14.23 | 30,323 | +3.22 | +$347 |
| Access Energy Coop | 14.95 | 8,850 | +3.94 | +$426 |
| Consumers Energy Coop | 15.00 | 6,922 | +3.99 | +$431 |
13 bundled utilities (≥5,000 customers) share at least one county with MidAmerican Energy. Showing the 11 cheapest. Positive $/yr = that utility's customers pay more than MidAmerican Energy customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, not options you can pick between.
Where MidAmerican Energy customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | MidAmerican Energy premium, $/yr |
|---|---|---|---|
| Audubon | North West Rural Electric Coop | 9.26 | +$189 |
| Cherokee | North West Rural Electric Coop | 9.26 | +$189 |
| Crawford | North West Rural Electric Coop | 9.26 | +$189 |
| Fremont | North West Rural Electric Coop | 9.26 | +$189 |
| Harrison | North West Rural Electric Coop | 9.26 | +$189 |
| Ida | North West Rural Electric Coop | 9.26 | +$189 |
| Lyon | North West Rural Electric Coop | 9.26 | +$189 |
| Mills | North West Rural Electric Coop | 9.26 | +$189 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies. Showing the 8 highest-premium counties of 55 served.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 11.00 | 11.01 | +0.1% |
| Residential customers | 624,956 | 632,436 | +1.2% |
Ownership: Investor Owned. Statewide context: Iowa electricity rates.
Supply vs delivery on a MidAmerican Energy bill
Iowa is a regulated retail market — MidAmerican Energy customers cannot choose a different supplier; rates are set in utility-commission proceedings. Official information: iub.iowa.gov.
Counties served (IA, EIA-861 2024)
Adair · Adams · Audubon · Black Hawk · Bremer · Buchanan · Buena Vista · Butler · Calhoun · Carroll · Cass · Cerro Gordo · Cherokee · Chickasaw · Clinton · Crawford · Dallas · Floyd · Franklin · Fremont · Hamilton · Hardin · Harrison · Humboldt · Ida · Jasper · Johnson · Kossuth · Lyon · Madison · Mahaska · Marion · Mills · Monona · Monroe · Montgomery · Muscatine · O'Brien · Page · Palo Alto · Plymouth · Pocahontas · Polk · Pottawattamie · Poweshiek · Sac · Scott · Shelby · Sioux · Taylor · Warren · Washington · Webster · Woodbury · Wright
Head-to-head comparisons
Questions people ask
- Is MidAmerican Energy Co more expensive than other Iowa utilities?
- MidAmerican Energy Co customers paid an average 11.01 cents/kWh in 2024 — 18% below the Iowa volume-weighted average of 13.49 cents (EIA-861, bundled residential service).
- Can I switch away from MidAmerican Energy Co?
- No — distribution territory is fixed by address and Iowa has no residential supplier shopping. Rate changes go through the state utility commission (iub.iowa.gov).
- How many customers does MidAmerican Energy Co have?
- 632,436 residential customers in Iowa in 2024 across 55 counties, per its EIA-861 federal filing. Ownership type: investor-owned.