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Farmers Electric Co-op electricity rates

Electric cooperative · Iowa

Residential rate
12.02¢
per kWh incl. all charges
Avg. monthly bill
$252
2,095 kWh/month
vs. Iowa
-15%
state avg 14.13¢
Homes served
5,131
28th cheapest of 76 in IA
Outage time
90 min
per customer, 2019

Farmers Electric Co-op is a member-owned electric cooperative, so its customers own it and elect its board, serving 5,131 homes in Iowa. Its residential customers pay an average of 12.02¢/kWh including fixed and delivery charges, 33% 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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Farmers Electric Co-op bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$60.10$87.00
1,000 kWh$120.20$143.60
1,500 kWh$180.30$195.10
2,000 kWh$240.40$246.60

*Residential rate less than 100 kva (effective 2012-04-01, $27.00/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.

Farmers Electric Co-op residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Residential rate less than 100 kva2012-04-01$27.00 12.00¢ first 800 kWh, 10.30¢ after

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

Farmers Electric Co-op rate history

Farmers Electric Co-op annual average residential price 11¢12¢12¢13¢14¢ 20152017202020212022202320242025 2015: 14¢2017: 14¢2020: 11¢2021: 11¢2022: 12¢2023: 11¢2024: 12¢2025: 12¢
Farmers Electric Co-opIowa avg

2015–2025: -15% change in the average residential rate (13.80¢ → 11.68¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

2019Farmers Electric Co-opIowa avgU.S. avg
Outage minutes per customer (SAIDI)90149266
Outages per customer (SAIFI)1.631.031.34
Average restoration time (CAIDI)55 min——
Outage minutes excluding major storms9078121
Farmers Electric Co-op outage minutes per customer by year 099197296394 20152016201720182019 2015: 542016: 132017: 242018: 3532019: 90
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 Farmers Electric Co-op's counties, customers averaged 2 hr 46 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Madison297371,8392025-03-05
Audubon249249302025-05-15
Adair143145422025-03-05
Guthrie137161,0442025-07-11
Union114278882025-03-03
Cass86161,0582025-03-19

Farmers Electric Co-op service area

Farmers Electric Co-op serves 6 counties in Iowa and 2 ZIP codes.

Counties served by Farmers Electric Co-op

Adair, Audubon, Cass, Guthrie, Madison, Union

Cities: Greenfield

Programs, smart meters & solar

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

Farmers Electric Co-op at a glance

OwnershipElectric cooperative
Services—
Retail revenue (2025)$15,057,800
Electricity sold (2025)128,978 MWh
Balancing authorityMISO
EIA utility ID6112

Other utilities in Iowa

Compare all Iowa electric companies →

Frequently asked questions

What is Farmers Electric Co-op's electricity rate?

Farmers Electric Co-op residential customers pay an average of 12.02¢ 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 15% below the Iowa average of 14.13¢ and 33% below the U.S. average.

What is the average Farmers Electric Co-op electric bill?

About $252 a month. The average Farmers Electric Co-op home uses 2,095 kWh a month. At 1,000 kWh the bill would be about $120.

How many customers does Farmers Electric Co-op have?

Farmers Electric Co-op serves 5,131 residential customers in Iowa, across 6 counties.

How reliable is Farmers Electric Co-op?

In 2019, the average Farmers Electric Co-op customer was without power for 90 min (SAIDI) over 1.63 interruptions (SAIFI), including major storms. Excluding major event days it was 90 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 Farmers Electric Co-op before making decisions.