The electricity iron sounds scary, but if you think to back in the day and to where iron was used a lot, you probably think of the railway systems... big hunky pieces of iron on the ground to make the railway. So, you can advance this by adding electricity instead of coal, creating an electric railway.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.
Keio Electric Railway
Hitachi Electric Railway
Nankai Electric Railway
When I grow up, I want to join an electric railway company.
Keio Electric Railway's blue train cars are cool.
The nickname for the Enoshima Electric Railway is "Enoden."