Iceland Iceland - Household electricity prices

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ELECTRICITY PRICES - Iceland December of 2018

The price of electricity is reduced in Iceland

The average price of electricity in Iceland, in December of 2018, has been 0.1457€ per kilowatt hour. Electricity price has decreased € 0.0088 kWh, 5.7% since the last semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.1152 per kilowatt hour, €5.73% less than in the previous period, in which the price of electricity without taxes was €0.1222kWh.

In the last twelve months the price of electricity in Iceland has fallen by 4%.

From 2012 until now, the highest price of electricity in Iceland has been € 0.1598 kWh, in June of 2017, while in June of 2013, electricity price was € 0.1053 kWh, its minimum price in this period.

Finally, if we compare the price of electricity with taxes and without taxes, we see that, in the last period, households paid € 0.0305 of taxes for each kilowatt hour, which means that 20.92% of what households pay for the electricity are 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
December 20180.11520.1457
June 20180.12220.1545
December 20170.12000.1518
June 20170.12630.1598
December 20160.11660.1478
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
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Iceland - Household electricity prices
Iceland - Household electricity prices