Iowa Lakes Electric Coop Electricity Rate per kWh (2024 EIA Data)

Iowa Lakes Electric Coop is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 9425. In 2024 it served 9,714 bundled residential customers in Iowa, and its average realised residential price was 13.78 cents per kWh: $23 million of residential revenue divided by 168,339 MWh of residential sales.

Across the other sectors, Iowa Lakes Electric Coop's 2024 average prices were 11.77 cents for commercial customers (3,414 accounts) and 7.60 cents for industrial customers (78 accounts). Industrial customers paid 6.18 cents less per kWh than households, a 45% discount that is typical of high-volume, high-voltage service.

Within Iowa, Iowa Lakes Electric Coop ranked number 10 of 24 utilities with bundled or delivery service by residential accounts served (9,714) and accounted for 1.16% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 13.40 cents per kWh, so Iowa Lakes Electric Coop's customers paid 0.38 cents above the Iowa average (+2.8%). For context, EIA's latest monthly figure for Iowa is 15.93 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Iowa Lakes Electric Coop in 13 Iowa counties: Buena Vista, Cherokee, Clay, Dickinson, Emmet, Ida, Kossuth, O'Brien, Osceola, Palo Alto, Plymouth, and Pocahontas, and 1 more. On the grid side it operates in the MRO NERC region and the Southwest Power Pool market, and reported generation and distribution as its activities. Balancing authority code: SWPP.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 13.78 cents per kWh for Iowa Lakes Electric Coop in Iowa across 9,757 residential customers, 0.00 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in Iowa by service-territory centroid are North West Rural Electric Coop (28.1 miles away, 9.26 cents), Federated Rural Electric Assn (49.1 miles away, 11.64 cents), Prairie Energy Coop (76.2 miles away, 14.34 cents), Midland Power Coop (80.5 miles away, 13.60 cents), and MidAmerican Energy Co (87.9 miles away, 11.01 cents).