Franklin Rural Electric Co-op electricity rates
Electric cooperative · Iowa
Franklin Rural Electric Co-op is a member-owned electric cooperative, so its customers own it and elect its board, serving 0 homes in Iowa. Its residential customers pay an average of 10.80¢/kWh including fixed and delivery charges, 40% 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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Franklin Rural Electric Co-op bill estimates
| Monthly use | At average all-in rate |
|---|---|
| 500 kWh | $54.00 |
| 1,000 kWh | $108.00 |
| 1,500 kWh | $162.00 |
| 2,000 kWh | $216.00 |
Franklin Rural Electric Co-op residential rate plans
| Plan | Effective | Customer charge | Energy charges |
|---|---|---|---|
| Electric Space Heatingtime-of-use | 2010-05-01 | $2.50 | 7.8¢ (12am–12am) — summer weekdays |
| Storage Water Heatingtime-of-use | 2010-05-01 | $2.50 | 4.5¢ (12am–7am, 7pm–12am) · 7.8¢ (7am–7pm) — summer weekdays |
| Storage Space Heatingtime-of-use | 2010-05-01 | $2.50 | 7.8¢ (12am–12am) — summer weekdays |
Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.
Franklin Rural Electric Co-op rate history
2015–2025: -16% change in the average residential rate (12.48¢ → 10.48¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2019 | Franklin Rural Electric Co-op | Iowa avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 178 | 149 | 266 |
| Outages per customer (SAIFI) | 1.48 | 1.03 | 1.34 |
| Average restoration time (CAIDI) | 2 hr 0 min | — | — |
| Outage minutes excluding major storms | 178 | 78 | 121 |
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 Franklin Rural Electric Co-op's counties, customers averaged 5 hr 15 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Butler | 845 | 18 | 3,840 | 2025-07-29 |
| Wright | 704 | 21 | 3,042 | 2025-06-12 |
| Franklin | 599 | 41 | 1,813 | 2025-06-12 |
| Hardin | 220 | 12 | 3,393 | 2025-08-15 |
| Floyd | 209 | 33 | 1,184 | 2025-05-19 |
| Cerro Gordo | 162 | 25 | 7,467 | 2025-07-29 |
Franklin Rural Electric Co-op service area
Franklin Rural Electric Co-op serves 6 counties in Iowa and 1 ZIP codes.
Butler, Cerro Gordo, Floyd, Franklin, Hardin, Wright
Programs, smart meters & solar
| Smart meters (AMI) for homes | 100% |
| Time-based rate programs | None reported |
| Net-metered solar homes | 0 reported |
Franklin Rural Electric Co-op at a glance
| Ownership | Electric cooperative |
| Services | — |
| Retail revenue (2025) | $9,333,600 |
| Electricity sold (2025) | 89,025 MWh |
| Balancing authority | MISO |
| EIA utility ID | 6722 |
Other utilities in Iowa
Frequently asked questions
What is Franklin Rural Electric Co-op's electricity rate?
Franklin Rural Electric Co-op residential customers pay an average of 10.80¢ 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 24% below the Iowa average of 14.13¢ and 40% below the U.S. average.
What is the average Franklin Rural Electric Co-op electric bill?
EIA doesn't publish residential sales for Franklin Rural Electric Co-op.
How many customers does Franklin Rural Electric Co-op have?
Franklin Rural Electric Co-op serves 0 residential customers and 1,982 customers in total in Iowa, across 6 counties.
How reliable is Franklin Rural Electric Co-op?
In 2019, the average Franklin Rural Electric Co-op customer was without power for 2 hr 58 min (SAIDI) over 1.48 interruptions (SAIFI), including major storms. Excluding major event days it was 2 hr 58 min. The Iowa average was 2 hr 29 min and the U.S. average 4 hr 26 min.
Does Franklin Rural Electric Co-op offer time-of-use rates?
Yes. The OpenEI rate database lists 3 time-of-use residential plans, including Electric Space Heating. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.
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 Franklin Rural Electric Co-op before making decisions.