Electricity prices:
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Iceland electricity prices

 Iceland electricity prices Household, kWh Business, kWh
 Icelandic Krona 19.405 8.794
 U.S. Dollar 0.158 0.071
Iceland, March 2019: The price of electricity is 0.158 U.S. Dollar per kWh for households and 0.071 U.S. Dollar for businesses which includes all components of the electricity bill such as the cost of power, distribution and taxes. For comparison, the average price of electricity in the world for that period is 0.14 U.S. Dollar per kWh for households and 0.12 U.S. Dollar for businesses. We calculate several data points at various levels of electricity consumption for both households and businesses but on the chart we show only two data points. For households, the displayed number is calculated at the average annual level of household electricity consumption. For businesses, the displayed data point uses 1,000,000 kWh annual consumption.

The latest business and household electricity price data from September 2019 are available for download.

Electricity prices for households, March 2019
(kWh, U.S. Dollar)


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