The average price of electricity in Iceland, in December of 2023, has been 0.1614€ per kilowatt hour. Electricity price has increased € 0.0083 kWh, 5.42% since the previous semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.1274 per kilowatt hour, compared to € 0.1208 kWh in the previous semester. The price of electricity excluding taxes increased by 5.46%.
In the last twelve months the price of electricity in Iceland has increased by 4.43%.
In Iceland, the price of electricity reached its maximum price, € 0.1614kWh, in December of 2023. Its minimum price was €0.1053 kWh, corresponding to June of 2013.
When looking at the difference between the price of electricity with and without taxes, we see that households in Iceland paid € 0.034 in taxes for each kilowatt hour, which means that 21.08% of what consumers pay for electricity is in concept taxes.
You can see the ranking of electricity price in Europe and see all the information about Iceland in economy of Iceland.