The residential electricity price in Iceland is ISK 25. These retail prices were collected in June 2025 and include the cost of power, distribution and transmission, and all taxes and fees. A comparison of the average utility bills of Icelandic and other Nordic families reveals that the bills are by far lowest in Iceland. For more information, you can contact us in the online chat or here. Distribution companies (Veitur, HS Veitur, RARIK, Norðurorka, Orkubú Vestfjarðar) distribute the electricity and are responsible for collecting distribution. . Iceland is the world's largest green energy producer per capita and largest electricity producer per capita. Compare Iceland. . Iceland IS: Electricity Price: Household Consumers (HC): Total kWh: incl All Taxes & Levies data was reported at 0. This records an increase from the previous number of 0.
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