Iterative subcarrier regularization (ISR) has been recently proposed as a receiver-side remedy for orthogonal frequency division multiplexing (OFDM) nonlinearity. It allows the power amplifier of OFDM transmitters to operate at a lower input back-off for more efficient uplinks. However, the compensation ability cannot align with increasing channel quality, because the standard quadrature amplitude modulation (QAM) used in ISR may eliminate compensation due to erroneous decisions. To solve this issue, an improved version of ISR was proposed to flexibly adjust the constellation borders of QAM and numerically optimize it based on IEEE 802.11ah (hereinafter referred to as 802.11ah) specifications. Simulations show that the proposed scheme not only improves the converged bit error rate of ISR but also accelerates its own convergence, especially in a high channel quality, thereby achieving better power efficiency for Internet of Things clients without additional computational complexity.