Electricity rates in Madrid, IA
Madrid (2,588 people, Boone County) is served by 3 electric utilities. Homes on MidAmerican Energy Co. pay about 11.46¢/kWh, 19% less than the Iowa average.
What things cost to run in Madrid
Popular — tap to add, then add more to compare:
Add as many devices as you like to compare them side by side. Search again to add another, or use Duplicate to compare two settings.
Electric companies serving Madrid
| Utility | Type | Rate | Avg bill | Homes (statewide) | Outage min |
|---|---|---|---|---|---|
| MidAmerican Energy Co. | Investor-owned utility | 11.46¢ | $95 | 640K | 205 |
| Interstate Power and Light Co. | Investor-owned utility | 18.29¢ | $135 | 419K | 89 |
| Midland Power Co-op | Electric cooperative | 14.07¢ | $208 | 12K | 488 |
Power outages in Boone County right now
Checking live outages…
Outage history in Boone County
| 2024 | 2025 | |
|---|---|---|
| Outage minutes per customer | 70 | 191 |
| Days with outages | 31 | 38 |
| Most customers out at once | 1,592 (14.9%) | 1,444 (13.5%) |
| Worst day | 2024-11-09 | 2025-03-15 |
Outage minutes by month, 2025
More outage time than 2024 (70 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.
Nearby cities
ZIP codes: 50156
Frequently asked questions
What is the electricity rate in Madrid?
Most homes in Madrid get power from MidAmerican Energy Co., where residential customers pay an average of 11.46¢/kWh including all charges. The Iowa average is 14.13¢ and the U.S. average 17.99¢. Other utilities serving parts of Madrid: Interstate Power and Light Co. (18.29¢), Midland Power Co-op (14.07¢).
What is the average electric bill in Madrid?
About $95 a month, based on 828 kWh a month (the average for MidAmerican Energy Co. customers) at 11.46¢/kWh. Homes with electric heat, pools or EVs pay more.
Who is the electric company in Madrid, IA?
3 utilities serve Madrid's ZIP codes: MidAmerican Energy Co., Interstate Power and Light Co., Midland Power Co-op. Which one serves you depends on your street address.
How often does the power go out in Madrid?
In 2025, customers in Boone County averaged 3 hr 11 min without power. Outages hit 38 days of the year, and the worst day was 2025-03-15, when 1,444 customers (13.5%) were out. Source: ORNL EAGLE-I.