The average price of electricity in Iceland, in December of 2020, has been 0.1248€ per kilowatt hour. Electricity price has decreased € 0.0093 kWh, 6.94% since the previous semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.0988 per kilowatt hour, €6.88% less than in the previous period, in which the price of electricity without taxes was €0.1061kWh.
In the last twelve months the price of electricity in Iceland has fallen by 12.72%.
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 € 0.026 tax for each kilowatt hour, thus, 20.85% 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.