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Cost to Run Heat Pump in Iowa (2026)

At Iowa's average rate of 15.14¢/kWh, running a Heat Pump costs $109.01/month or $1,326.26/year. That's 12.1% less than the national average of $123.98/month.

Monthly Cost

$109.01

in Iowa

Yearly Cost

$1,326.26

in Iowa

State Rate

15.14¢

per kWh

National Rank

#27

of 50 states

Heat Pump Energy Usage

Wattage3,000 watts
Typical Daily Use8 hours/day
Daily kWh24.00 kWh
Monthly kWh720.0 kWh
CategoryHeating

Iowa vs National Average: Heat Pump Costs

MetricIowaNational AvgDifference
Electricity Rate15.14¢/kWh17.22¢/kWh-2.08¢
Monthly Heat Pump Cost$109.01$123.98$-14.98
Yearly Heat Pump Cost$1,326.26$1,508.47$-182.21

Heat Pump Cost in Neighboring States

How does running a Heat Pump in Iowa compare to nearby states?

StateRateMonthlyYearlyvs IA
Iowa (this state)15.14¢$109.01$1,326.26-
Illinois16.27¢$117.14$1,425.25+$8.14
Minnesota15.63¢$112.54$1,369.19+$3.53
Missouri13.78¢$99.22$1,207.13$-9.79
Nebraska13.08¢$94.18$1,145.81$-14.83
South Dakota13.74¢$98.93$1,203.62$-10.08
Wisconsin17.38¢$125.14$1,522.49+$16.13

Heat Pump Cost: All 50 States Ranked

Iowa ranks #27 out of 50 for Heat Pump running costs (1 = cheapest).

#StateRateMonthlyYearly
1Idaho11.15¢$80.28$976.74
2Washington11.26¢$81.07$986.38
3Utah11.41¢$82.15$999.52
4Wyoming11.72¢$84.38$1,026.67
5North Dakota12.43¢$89.50$1,088.87
6Louisiana12.52¢$90.14$1,096.75
7Oregon12.55¢$90.36$1,099.38
8Montana12.81¢$92.23$1,122.16
9Oklahoma12.82¢$92.30$1,123.03
10Tennessee12.91¢$92.95$1,130.92
11Arkansas13.04¢$93.89$1,142.30
12Nebraska13.08¢$94.18$1,145.81
13Kentucky13.19¢$94.97$1,155.44
14West Virginia13.44¢$96.77$1,177.34
15Mississippi13.54¢$97.49$1,186.10
16South Dakota13.74¢$98.93$1,203.62
17Missouri13.78¢$99.22$1,207.13
18North Carolina14.09¢$101.45$1,234.28
19Georgia14.27¢$102.74$1,250.05
20South Carolina14.43¢$103.90$1,264.07
21Virginia14.64¢$105.41$1,282.46
22Arizona14.78¢$106.42$1,294.73
23Alabama14.87¢$107.06$1,302.61
24Nevada14.92¢$107.42$1,306.99
25Delaware14.94¢$107.57$1,308.74
26Texas15.06¢$108.43$1,319.26
27Iowa15.14¢$109.01$1,326.26
28Ohio15.21¢$109.51$1,332.40
29Kansas15.28¢$110.02$1,338.53
30New Mexico15.34¢$110.45$1,343.78
31Indiana15.42¢$111.02$1,350.79
32Colorado15.56¢$112.03$1,363.06
33Minnesota15.63¢$112.54$1,369.19
34Florida16.22¢$116.78$1,420.87
35Illinois16.27¢$117.14$1,425.25
36Maryland16.57¢$119.30$1,451.53
37Wisconsin17.38¢$125.14$1,522.49
38Pennsylvania18.36¢$132.19$1,608.34
39New Jersey18.48¢$133.06$1,618.85
40Michigan19.34¢$139.25$1,694.18
41Vermont21.43¢$154.30$1,877.27
42Alaska24.21¢$174.31$2,120.80
43New York24.33¢$175.18$2,131.31
44New Hampshire25.78¢$185.62$2,258.33
45Maine26.37¢$189.86$2,310.01
46Rhode Island28.08¢$202.18$2,459.81
47Massachusetts28.58¢$205.78$2,503.61
48Connecticut29.98¢$215.86$2,626.25
49California31.22¢$224.78$2,734.87
50Hawaii43.18¢$310.90$3,782.57

Save Money on Heat Pump in Iowa

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Frequently Asked Questions

How much does it cost to run a Heat Pump in Iowa?

Running a Heat Pump in Iowa costs approximately $109.01 per month or $1,326.26 per year, based on the state's average residential rate of 15.14¢/kWh and typical usage of 8 hours per day.

Is running a Heat Pump expensive in Iowa compared to other states?

Iowa ranks #27 out of 50 states for Heat Pump running costs (1 = cheapest). It's 12.1% cheaper than the national average. The cheapest state is Idaho at $80.28/month, and the most expensive is Hawaii at $310.90/month.

How much electricity does a Heat Pump use per month?

A typical Heat Pump uses 3000 watts and runs about 8 hours per day, consuming approximately 24.00 kWh daily or 720.0 kWh per month.

How can I reduce Heat Pump electricity costs in Iowa?

You can reduce costs by using an Energy Star rated Heat Pump, running it during off-peak hours if your utility offers time-of-use rates, ensuring proper maintenance, and considering solar panels to offset electricity costs in Iowa.

What is the electricity rate in Iowa?

The average residential electricity rate in Iowa is 15.14¢ per kWh. The primary energy source is Wind, with 62.0% from renewable sources.

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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)