The average price of electricity in Iceland, in December of 2016, has been 0.1478€ per kilowatt hour. Electricity price has increased € 0.0166 kWh, 12.65% since the previous semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.1166 per kilowatt hour, compared to € 0.1035 kWh in the previous semester. The price of electricity excluding taxes increased by 12.66%.
In the last twelve months the price of electricity in Iceland has increased by 16.83%.
In Iceland, the price of electricity reached its maximum price, € 0.1478kWh, in December 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 € 0.0312 in taxes for each kilowatt hour, which means that 21.11% 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.