Electricity price in Iceland per kWh
Price per kWh · 2026 H1
0.208 €
Compared with the EU average
−27%
Rank
23 / 39
1 = most expensive
Households in Iceland paid 0.208 € per kWh in the first half of 2026, including all taxes and levies. That is up 29% on the second half of 2023.
Price history
Show the figures
| Half-year | €/kWh |
|---|---|
| 2026 H1 | 0.2076 |
| 2025 H2 | 0.2080 |
| 2025 H1 | 0.2019 |
| 2024 H2 | 0.1814 |
| 2024 H1 | 0.1702 |
| 2023 H2 | 0.1614 |
What appliances cost to run in Iceland
Median label consumption of each category on the EU register.
| Appliance | kWh / yr | Iceland | European Union |
|---|---|---|---|
| Air conditioners | 347 | €72 | €98 |
| Dishwashers | 213 | €44 | €60 |
| Fridges & freezers | 187 | €39 | €53 |
| Tumble dryers | 186 | €39 | €53 |
| Washing machines | 108 | €22 | €31 |
| Ovens | 77 | €16 | €22 |
| TVs & monitors | 61 | €13 | €17 |
| Range hoods | 53 | €11 | €15 |