CutYourElectric

Electricity rates in Spencer, IA

Typical rate
18.29¢
Interstate Power and Light Co.
Est. monthly bill
$135
739 kWh/month
vs. Iowa
+29%
state 14.13¢
Outage time (2025)
30 min
Clay County avg

Spencer (11,212 people, Clay County) is served by 2 electric utilities. Homes on Interstate Power and Light Co. pay about 18.29¢/kWh, 29% more than the Iowa average.

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Electric companies serving Spencer

UtilityTypeRateAvg billHomes (statewide)Outage min
Interstate Power and Light Co.Investor-owned utility18.29¢$135419K89
Iowa Lakes Electric Co-opElectric cooperative14.19¢$2169,75755

Power outages in Clay County right now

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Outage history in Clay County

20242025
Outage minutes per customer2330
Days with outages44
Most customers out at once334 (2.4%)766 (5.6%)
Worst day2024-06-212025-07-29

Outage minutes by month, 2025

  • Jan0
  • Feb0
  • Mar3
  • Apr1
  • May2
  • Jun0
  • Jul18
  • Aug1
  • Sep4
  • Oct1
  • Nov1
  • Dec0

More outage time than 2024 (23 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.

Nearby cities

ZIP codes: 51301

Frequently asked questions

What is the electricity rate in Spencer?

Most homes in Spencer get power from Interstate Power and Light Co., where residential customers pay an average of 18.29¢/kWh including all charges. The Iowa average is 14.13¢ and the U.S. average 17.99¢. Other utilities serving parts of Spencer: Iowa Lakes Electric Co-op (14.19¢).

What is the average electric bill in Spencer?

About $135 a month, based on 739 kWh a month (the average for Interstate Power and Light Co. customers) at 18.29¢/kWh. Homes with electric heat, pools or EVs pay more.

Who is the electric company in Spencer, IA?

2 utilities serve Spencer's ZIP codes: Interstate Power and Light Co., Iowa Lakes Electric Co-op. Which one serves you depends on your street address.

How often does the power go out in Spencer?

In 2025, customers in Clay County averaged 30 min without power. Outages hit 4 days of the year, and the worst day was 2025-07-29, when 766 customers (5.6%) were out. Source: ORNL EAGLE-I.