The average price of electricity in Iceland, in December of 2013, has been 0.1072€ per kilowatt hour. Electricity price has increased € 0.0019 kWh, 1.8% since the previous semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.0846 per kilowatt hour, compared to € 0.0831 kWh in the previous semester. The price of electricity excluding taxes increased by 1.81%.
In the last twelve months the price of electricity in Iceland has fallen by 8.04%.
In Iceland, the price of electricity reached its maximum price, € 0.1164kWh, in December of 2012. 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 € 0.0226 in taxes for each kilowatt hour, which means that 21.04% 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.