The average price of electricity in Iceland, in December of 2022, has been 0.1548€ per kilowatt hour. Electricity price has increased € 0.0018 kWh, 1.18% since the last semester. Meanwhile, the average price of electricity without taxes in Iceland in that period was € 0.122 per kilowatt hour, compared to € 0.1205 kWh in the previous semester. The price of electricity excluding taxes increased by 1.24%.
In the last twelve months the price of electricity in Iceland has increased by 11.42%.
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 € 0.0328 of taxes for each kilowatt hour, which means that 21.2% 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.