Electricity rates in Waterloo, IA
Waterloo (68,460 people, Black Hawk County) is served by 2 electric utilities. Homes on MidAmerican Energy Co. pay about 11.46¢/kWh, 19% less than the Iowa average.
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Electric companies serving Waterloo
| Utility | Type | Rate | Avg bill | Homes (statewide) | Outage min |
|---|---|---|---|---|---|
| MidAmerican Energy Co. | Investor-owned utility | 11.46¢ | $95 | 640K | 205 |
| Cedar Falls Utilities | Municipal utility | 11.90¢ | $99 | 18K | 37 |
Power outages in Black Hawk County right now
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Outage history in Black Hawk County
| 2024 | 2025 | |
|---|---|---|
| Outage minutes per customer | 100 | 160 |
| Days with outages | 22 | 29 |
| Most customers out at once | 7,552 (13.1%) | 12,895 (22.4%) |
| Worst day | 2024-05-22 | 2025-07-30 |
Outage minutes by month, 2025
More outage time than 2024 (100 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.
Nearby cities
- Evansdale 11.5¢
- Elk Run Heights 11.5¢
- Cedar Falls 11.9¢
- Hudson 11.5¢
- Denver 11.5¢
- Jesup 11.5¢
- La Porte City 11.5¢
- Dike 11.5¢
- Waverly 11.5¢
- Reinbeck 11.5¢
ZIP codes: 50701, 50702, 50703, 50704
Frequently asked questions
What is the electricity rate in Waterloo?
Most homes in Waterloo 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 Waterloo: Cedar Falls Utilities (11.90¢).
What is the average electric bill in Waterloo?
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 Waterloo, IA?
2 utilities serve Waterloo's ZIP codes: MidAmerican Energy Co., Cedar Falls Utilities. Which one serves you depends on your street address.
How often does the power go out in Waterloo?
In 2025, customers in Black Hawk County averaged 2 hr 40 min without power. Outages hit 29 days of the year, and the worst day was 2025-07-30, when 12,895 customers (22.4%) were out. Source: ORNL EAGLE-I.