The average price of electricity in Iceland, in December of 2014, has been 0.1158€ per kilowatt hour. Electricity price has increased € 0.0025 kWh, 2.21% since the previous semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.0914 per kilowatt hour, compared to € 0.0895 kWh in the previous semester. The price of electricity excluding taxes increased by 2.12%.
In the last twelve months the price of electricity in Iceland has increased by 8.04%.
The average price of electricity since 2012 reached its maximum, €0.1164kWh, in December of 2012 and its minimum price, €0.1053 kWh, in June of 2013.
The difference between the price of electricity with and without taxes is € 0.0244 tax for each kilowatt hour, thus, 21.05% 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.