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MidAmerican Energy electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024)

Investor-owned utility serving 632,436 homes in Iowa.

Your rate

11.01¢per kWh, average residential rate 33% lower than the U.S. average (16.4¢)
$87average monthly bill$1,046 a year
791kWh used per month, average home
+6%rate change since 2020U.S. average: +28%

Estimate your bill

It's on your bill, usually near the top. Starting at 791 kWh, the average for MidAmerican Energy homes.

kWh
$87 a month
$12 fixed charge + 9.5¢ × 791 kWh

This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

No rate case on file for MidAmerican Energy right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

MidAmerican Energy's average rate is up 6% since 2020, versus +28% for the U.S. average.

10.3¢ 2020 10.8¢ 2021 11.0¢ 2022 11.0¢ 2023 11.0¢ 2024 U.S. avg

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for MidAmerican Energy yet. Check Iowa programs or read what's left after the federal credits ended.

About MidAmerican Energy

Legal name
MidAmerican Energy Co (Berkshire Hathaway Energy)
Ownership
Investor Owned
Homes served
632,436 residential customers (2024)
Grid operator
MISO
Retail choice
No — one bundled rate
Data
EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

Other utilities in Iowa

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