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City of Spencer electricity rates

Municipal utility · Iowa

Residential rate
8.98¢
per kWh incl. all charges
Avg. monthly bill
$193
2,145 kWh/month
vs. Iowa
-36%
state avg 14.13¢
Homes served
6,337
3rd cheapest of 76 in IA
Outage time
50 min
per customer, 2019

City of Spencer is a city-owned municipal utility, governed locally rather than by the state commission, serving 6,337 homes in Iowa. Its residential customers pay an average of 8.98¢/kWh including fixed and delivery charges, 50% less than the U.S. average.

Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend. This utility files EIA's short form, which reports total sales only, so the rate covers all customer classes.

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City of Spencer bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$44.90$39.60
1,000 kWh$89.80$65.61
1,500 kWh$134.70$88.11
2,000 kWh$179.60$110.61

*Residential (effective 2013-06-01, $11.25/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.

City of Spencer residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Residential2013-06-01$11.25 5.67¢ first 800 kWh, 4.50¢ after

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

City of Spencer rate history

City of Spencer annual average residential price 7¢9¢11¢13¢14¢ 20152017202020212022202320242025 2015: 8¢2017: 9¢2020: 8¢2021: 8¢2022: 8¢2023: 9¢2024: 9¢2025: 9¢
City of SpencerIowa avg

2015–2025: +15% change in the average residential rate (7.58¢ → 8.72¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

2019City of SpencerIowa avgU.S. avg
Outage minutes per customer (SAIDI)50149266
Outages per customer (SAIFI)0.531.031.34
Average restoration time (CAIDI)94 min——
Outage minutes excluding major storms5078121
City of Spencer outage minutes per customer by year 2935404652 201720182019 2017: 322018: 312019: 50
With major eventsExcluding major events

Outages in counties served (2025)

From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across City of Spencer's counties, customers averaged 30 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Clay3047662025-07-29

City of Spencer service area

City of Spencer serves Clay County in Iowa.

Counties served by City of Spencer

Clay

Programs, smart meters & solar

Smart meters (AMI) for homes100%
Time-based rate programsNone reported
Net-metered solar homes0 reported

City of Spencer at a glance

OwnershipMunicipal utility
Services—
Retail revenue (2025)$14,226,000
Electricity sold (2025)163,150 MWh
Balancing authorityMISO
EIA utility ID17783

Other utilities in Iowa

Compare all Iowa electric companies →

Frequently asked questions

What is City of Spencer's electricity rate?

City of Spencer residential customers pay an average of 8.98¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 36% below the Iowa average of 14.13¢ and 50% below the U.S. average.

What is the average City of Spencer electric bill?

About $193 a month. The average City of Spencer home uses 2,145 kWh a month. At 1,000 kWh the bill would be about $90.

How many customers does City of Spencer have?

City of Spencer serves 6,337 residential customers in Iowa, across 1 county.

How reliable is City of Spencer?

In 2019, the average City of Spencer customer was without power for 50 min (SAIDI) over 0.53 interruptions (SAIFI), including major storms. Excluding major event days it was 50 min. The Iowa average was 2 hr 29 min and the U.S. average 4 hr 26 min.

Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with City of Spencer before making decisions.