What is the average electricity rate in Waterloo, Iowa?

The average residential electricity rate in Waterloo is approximately 13.48¢/kWh per kWh. The average household pays around $105 per month for electricity.

What is the average natural gas bill in Waterloo?

Natural gas customers in Waterloo pay an average of $87 per month. The rate is approximately $0.97/therm per therm.

Which electric company serves Waterloo, Iowa?

Electricity in Waterloo is distributed by MidAmerican Energy Co and Interstate Power and Light Co. Contact your provider at your local service address to confirm which utility serves your home.

Which gas company serves Waterloo?

Waterloo natural gas service is provided by MidAmerican Energy and Alliant Energy (IES Utilities). Call them directly for new service connections or to report a gas leak.

How do Waterloo electricity rates compare to Iowa averages?

Waterloo's electricity rate of 13.48¢/kWh is below the Iowa state average of 14.14¢/kWh. This can reflect a municipal utility or favorable regional generation mix.

How do I start or stop utility service in Waterloo?

To start electric service in Waterloo, contact MidAmerican Energy Co and Interstate Power and Light Co. For gas service, contact MidAmerican Energy and Alliant Energy (IES Utilities). You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.

Waterloo, Iowa Gas & Electricity Rates — Utility Providers & Savings 2026

Gas & Electricity in Waterloo, Iowa

Waterloo is served by MidAmerican Energy Co and Interstate Power and Light Co. Utilities covering Black Hawk County report an average residential electricity rate of 13.48¢/kWh — below the Iowa state average of 14.14¢/kWh — and a typical monthly electric bill of $105. Natural gas in Waterloo is distributed by MidAmerican Energy.

Compared to the Iowa state average of 14.14¢/kWh/kWh, Waterloo's electricity rate of 13.48¢/kWh is 0.66¢ below the Iowa average. As Iowa has a regulated market, your utility is determined by your address.

Electric Utility in Waterloo

MidAmerican Energy Co
Interstate Power and Light Co
Cedar Falls Utilities

Natural Gas Utility in Waterloo

MidAmerican Energy
Alliant Energy (IES Utilities)

Waterloo vs Iowa Energy Rates

Metric	Waterloo	Iowa Average	US Average
Electric Rate (¢/kWh)	13.48¢	14.14¢	16.00¢
Gas Rate ($/therm)	$0.97	$0.97	$1.47
Monthly Electric Bill	$105	$98	$117
Monthly Gas Bill	$87	$87	$73

Energy Assistance Programs for Waterloo Residents

As a Iowa city, Waterloo residents can access the following state and local assistance programs:

✅ Iowa LIHEAP
✅ Iowa Energy Assistance Program
✅ Iowa Weatherization Assistance
✅ MidAmerican Energy Efficiency Rebates

Energy-Saving Tips for Waterloo Residents

✓ Winterize your pipes and insulate your water heater for cold months.
✓ Install a programmable thermostat and set heating schedules around your work day.
✓ Check that your furnace filter is replaced monthly during peak heating season.
✓ Add weatherstripping to exterior doors — a common source of heat loss in older Midwest homes.
✓ Consider shopping for a competitive electricity supplier in deregulated Ohio, Illinois markets.

FAQ — Gas & Electricity in Waterloo, Iowa

The average residential electricity rate in Waterloo is approximately 13.48¢/kWh per kWh. The average household pays around $105 per month for electricity.
Natural gas customers in Waterloo pay an average of $87 per month. The rate is approximately $0.97/therm per therm.
Electricity in Waterloo is distributed by MidAmerican Energy Co and Interstate Power and Light Co. Contact your provider at your local service address to confirm which utility serves your home.
Waterloo natural gas service is provided by MidAmerican Energy and Alliant Energy (IES Utilities). Call them directly for new service connections or to report a gas leak.
Waterloo's electricity rate of 13.48¢/kWh is below the Iowa state average of 14.14¢/kWh. This can reflect a municipal utility or favorable regional generation mix.
To start electric service in Waterloo, contact MidAmerican Energy Co and Interstate Power and Light Co. For gas service, contact MidAmerican Energy and Alliant Energy (IES Utilities). You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.