Interstate Power and Light Co late fee
Iowa · Investor Owned
Interstate Power and Light Co charges 1.5% for a residential electric bill paid late.
- Percentage fee
- 1.5% of the past-due balance
- Grace period
- 20 days
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 14% of US utilities that charge a percentage fee
- Residential customers
- 417,153
Late fees versus bad debt, 2024
- Late-fee revenue
- $2,425,224 (FERC account 450, Forfeited Discounts)
- Written off
- $11,510,807 (FERC account 904, Uncollectible Accounts)
- Ratio
- 0.21x
Source: US Federal Energy Regulatory Commission, FERC Form 1, accounts 450 and 904 (18 CFR Part 101), retrieved via the Public Utility Data Liberation project. Municipal utilities and most cooperatives do not file Form 1, so no ratio is available for them.
Disconnections in 2024
- Disconnections
- 20,276 for non-payment
- Rate
- 4.72 per 100 residential customers
- Final notices
- 170,724
- Reconnections
- 16,172
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
1.5%/mo of past due; none if paid within 20 days of bill (Interstate Power & Light / Alliant IA; IUB tariff)