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ElectricityRatePerKWh

Prairie Energy Coop Electricity Rate per kWh (2024 EIA Data)

Cooperative|EIA utility 15291|Iowa|Bundled

In 2024, Prairie Energy Coop's residential customers paid an average of 14.34 cents per kWh: $7.6 million of revenue over 52,787 MWh of sales across 3,440 bundled residential customers, as reported to EIA on Form 861.

Residential 2024
14.34¢
per kWh, bundled
vs IA avg 2024
+7.0%
state 13.40c
Bundled res. customers
3,440
4,317 all sectors
Rank in IA by res. accounts
#18 of 24
0.4% of state residential MWh

How the 14.34c figure is calculated

14.34c/kWh = $7,569k revenue / 52,787 MWh x 100. This is EIA's average realised price for 2024: everything Prairie Energy Coop billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $143 before taxes.

About Prairie Energy Coop's 2024 electricity prices

Prairie Energy Coop is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 15291. In 2024 it served 3,440 bundled residential customers in Iowa, and its average realised residential price was 14.34 cents per kWh: $7.6 million of residential revenue divided by 52,787 MWh of residential sales.

Across the other sectors, Prairie Energy Coop's 2024 average prices were 12.18 cents for commercial customers (89 accounts) and 8.64 cents for industrial customers (788 accounts). Industrial customers paid 5.70 cents less per kWh than households, a 40% discount that is typical of high-volume, high-voltage service.

Within Iowa, Prairie Energy Coop ranked number 18 of 24 utilities with bundled or delivery service by residential accounts served (3,440) and accounted for 0.36% 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 Prairie Energy Coop's customers paid 0.94 cents above the Iowa average (+7.0%). 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 Prairie Energy Coop in 11 Iowa counties: Cerro Gordo, Franklin, Hamilton, Hancock, Hardin, Humboldt, Kossuth, Webster, Winnebago, Worth, and Wright. 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 14.14 cents per kWh for Prairie Energy Coop in Iowa across 3,433 residential customers, 0.20 cents lower 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 Midland Power Coop (39.1 miles away, 13.60 cents), Heartland Power Coop (39.9 miles away, 12.67 cents), Butler County Rural Elec Coop (IA) (52.3 miles away, 15.43 cents), MidAmerican Energy Co (58.2 miles away, 11.01 cents), and Cedar Falls Utilities (58.5 miles away, 10.42 cents).

2024 sales by sector in Iowa (bundled service)
SectorCustomersSales (MWh)Revenue ($k)Avg c/kWh
Residential3,44052,7877,56914.34
Commercial891241512.18
Industrial788275,98723,8398.64

Counties served in Iowa (11)

Cerro GordoFranklinHamiltonHancockHardinHumboldtKossuthWebsterWinnebagoWorthWright

From the EIA-861 Service Territory file; a listed county can be served in part only.

2025 early release (preliminary, not validated by EIA)

Residential price in Iowa: 14.14c/kWh (-0.20c vs 2024 final), 3,433 residential customers; commercial 12.21c; industrial 8.69c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.

Nearby and comparable utilities in Iowa

Midland Power CoopCooperative, 39.1 mi between territory centroids
11,939 res. accounts 13.60c
Heartland Power CoopCooperative, 39.9 mi between territory centroids
4,389 res. accounts 12.67c
Butler County Rural Elec Coop (IA)Cooperative, 52.3 mi between territory centroids
3,898 res. accounts 15.43c
MidAmerican Energy CoInvestor Owned, 58.2 mi between territory centroids
710,254 res. accounts 11.01c
Cedar Falls UtilitiesMunicipal, 58.5 mi between territory centroids
17,772 res. accounts 10.42c
EIA-861 facts, 2024
EIA utility number
15291
Ownership type
Cooperative
Data year
2024 final (EIA-861)
Primary state
Iowa
Service type
Bundled (Part A)
Bundled residential customers (IA, price basis)
3,440
Residential accounts served (IA)
3,440
All accounts, all sectors (IA)
4,317
Residential price, 2024
14.34 c/kWh
Commercial price, 2024
12.18 c/kWh
Industrial price, 2024
8.64 c/kWh
Residential sales
52,787 MWh
Residential revenue
$7.6 million
Rank in Iowa by residential accounts served
18 of 24
Share of Iowa residential sales (MWh, not customers)
0.36%
Iowa average, 2024
13.40 c/kWh
Counties served (IA)
11
NERC region
MRO
RTO / ISO
Southwest Power Pool
Balancing authority
SWPP
Reported activities
Generation, Distribution
2025 early release (preliminary)
14.14 c/kWh
Change vs 2024 final
-0.20 c/kWh
Registry status
Reported on Form EIA-861 for 2024
Iowa today
Residential (June 2026)15.93c
Commercial12.79c
Industrial8.48c
Iowa electricity rate page ->All utilities in Iowa ->
Energy cost at 14.34c
500 kWh$71.70
750 kWh$107.55
1,000 kWh$143.40
1,500 kWh$215.10

Realised price times usage; fixed charges are already inside the average. Bill calculator ->

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Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].