The average price of electricity in Iceland, in December of 2019, has been 0.1431€ per kilowatt hour. Electricity price has increased € 0.0002 kWh, 0.14% since the previous semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.1132 per kilowatt hour, compared to € 0.1131 kWh in the previous semester. The price of electricity excluding taxes increased by 0.09%.
In the last twelve months the price of electricity in Iceland has fallen by 1.74%.
In Iceland, the price of electricity reached its maximum price, € 0.1598kWh, in June of 2017. 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 € 0.0299 in taxes for each kilowatt hour, which means that 20.88% 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.