The average price of electricity in Iceland, in December of 2021, has been 0.1387€ per kilowatt hour. Electricity price has increased € 0.0032 kWh, 2.36% since the last semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.1095 per kilowatt hour, compared to € 0.107 kWh in the previous semester. The price of electricity excluding taxes increased by 2.34%.
In the last twelve months the price of electricity in Iceland has increased by 10.83%.
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 € 0.0292 of taxes for each kilowatt hour, which means that 21% 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.