The Icelandic government aspires that the nation will be carbon neutral by 2040. Icelandic homes spend a far smaller percentage of their budgets on utilities than households in the other Nordic countries,
The chart below displays the hourly electricity prices for Iceland. The pricing information displayed is sourced from ENTSO-E - the European Network of Transmission System Operators for
In Iceland, electricity prices for households with a consumption between 2,500 and 5,000 kilowatt-hours averaged 18.14 euro cents per kilowatt-hour in the second half of 2024. Residents of...
Take a look at ON Power''s electricity and charging tariff for affordable rates for homes, businesses, and electric car owners with special rates and subscription options.
Vehicles Ships Environment / Energy Energy prices Graphs Statistics +354 528 1000 Borgartún 21A, 105 Reykjavík Mon-Thu 9:00-16:00 / Fri 9:00-12:00
These retail prices were collected in June 2025 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Iceland with 150 other countries. Historical quarterly
Discover data on Electricity Price: Household Consumers in Iceland. Explore expert forecasts and historical data on economic indicators across 195+ countries.
Official and up-to-date data of Iceland for all years of statistics, in an easy-to-read format. Analysis of consumer electricity prices with advanced tools for comparisons, trends, shares, and various metrics.
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