Iceland Iceland - Household electricity prices

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ELECTRICITY PRICES - Iceland June of 2020

Electricity price decreases in Iceland

The average price of electricity in Iceland, in June of 2020, has been 0.1341€ per kilowatt hour. Electricity price has decreased € 0.009 kWh, 6.29% since the previous semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.1061 per kilowatt hour, €6.27% less than in the previous period, in which the price of electricity without taxes was €0.1132kWh.

In the last twelve months the price of electricity in Iceland has fallen by 6.19%.

The average price of electricity since 2012 reached its maximum, €0.1598kWh, in June of 2017 and its minimum price, €0.1053 kWh, in June of 2013.

The difference between the price of electricity with and without taxes is € 0.028 tax for each kilowatt hour, thus, 20.86% of what households pay for electricity in Iceland.

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 20200.10610.1341
December 20190.11320.1431
June 20190.11310.1429
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
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Iceland - Household electricity prices
Iceland - Household electricity prices