Iceland Iceland - Household electricity prices

Subscribe to our free email alert service

ELECTRICITY PRICES - Iceland June of 2016

The price of electricity rises in Iceland

The average price of electricity in Iceland, in June of 2016, has been 0.1312€ per kilowatt hour. Electricity price has increased € 0.0047 kWh, 3.72% since the previous semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.1035 per kilowatt hour, compared to € 0.0998 kWh in the previous semester. The price of electricity excluding taxes increased by 3.71%.

In the last twelve months the price of electricity in Iceland has increased by 8.95%.

In Iceland, the price of electricity reached its maximum price, € 0.1312kWh, in June of 2016. 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 € 0.0277 in taxes for each kilowatt hour, which means that 21.14% 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.


Iceland - Household electricity prices
DateElec prices excl. tax €/kWhElec prices €/kWh
June 20160.10350.1312
December 20150.09980.1265
June 20150.09500.1197
December 20140.09140.1158
June 20140.08950.1133
December 20130.08460.1072
June 20130.08310.1053
December 20120.09200.1164
June 20120.08770.1110
2017 >
Iceland - Household electricity prices
Iceland - Household electricity prices