The average price of electricity in Iceland, in June of 2023, has been 0.1531€ per kilowatt hour. Electricity price has decreased € 0.0017 kWh, 1.1% since the previous semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.1208 per kilowatt hour, €0.98% less than in the previous period, in which the price of electricity without taxes was €0.122kWh.
In the last twelve months the price of electricity in Iceland has increased by 0.25%.
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 € 0.0323 in taxes for each kilowatt hour, which means that 21.13% 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.