Electricity price for households in Iceland
Households in Iceland paid €0.2076 per kWh for electricity in H1 2026.
Iceland, H1 2026
€0.2076
Change from H2 2025
−0.2%
European Union, H1 2026
€0.2832 per kWh
Median of OECD (38 countries), H1 2026
€0.2415 per kWh
Position in H1 2026
23rd of 39
Electricity price for households in Iceland over time
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Iceland
European Union
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
Euro per kWh, all taxes included. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.
| Period | Iceland | European Union |
|---|---|---|
| H1 2026 | €0.2076 per kWh | €0.2832 per kWh |
| H2 2025 | €0.2080 per kWh | €0.2896 per kWh |
| H1 2025 | €0.2019 per kWh | €0.2879 per kWh |
| H2 2024 | €0.1814 per kWh | €0.2887 per kWh |
| H1 2024 | €0.1702 per kWh | €0.2916 per kWh |
| H2 2023 | €0.1614 per kWh | €0.2847 per kWh |
| H1 2023 | €0.1531 per kWh | €0.2887 per kWh |
| H2 2022 | €0.1548 per kWh | €0.2768 per kWh |
| H1 2022 | €0.1530 per kWh | €0.2490 per kWh |
| H2 2021 | €0.1387 per kWh | €0.2415 per kWh |
| H1 2021 | €0.1355 per kWh | €0.2203 per kWh |
| H2 2020 | €0.1248 per kWh | €0.2153 per kWh |
| H1 2020 | €0.1341 per kWh | €0.2139 per kWh |
| H2 2019 | €0.1431 per kWh | €0.2169 per kWh |
| H1 2019 | €0.1429 per kWh | €0.2168 per kWh |
| H2 2018 | €0.1457 per kWh | €0.2152 per kWh |
| H1 2018 | €0.1545 per kWh | €0.2103 per kWh |
| H2 2017 | €0.1518 per kWh | €0.2089 per kWh |
| H1 2017 | €0.1598 per kWh | €0.2089 per kWh |
A dash means no value was published for that period.
In short
- That is a change of −0.2% from €0.2080 per kWh in H2 2025.
- Since H1 2021, when it was €0.1355 per kWh, the figure has changed by +53.2%.
- Among the 39 countries with data for H1 2026, Iceland has the 23rd highest value.
- The figure for the European Union in H1 2026 was €0.2832 per kWh.
More for Iceland
All statistics for Iceland
Energy price inflation (HICP)
2.7%
2025 · Eurostat
Inability to keep home adequately warm
1.0%
2020 · Eurostat
Renewable energy share
79.3%
2024 · Eurostat
Renewable electricity share
102.4%
2024 · Eurostat
Energy import dependency
16.8%
2024 · Eurostat
Primary energy consumption
6.4 Mtoe
2024 · Eurostat