Iceland vs. Luxembourg

H1 2025 · incl. all taxes · Consumption band: 1,000–2,500 kWh/year

IS · Iceland

24.45ct/kWh

LU · Luxembourg

31.36ct/kWh

Iceland is 22.0% cheaper than Luxembourg — EU avg: 23.71 ct/kWh

Price History

Period	Iceland	Luxembourg	Δ
H1 2025	24.45 ct/kWh	31.36 ct/kWh	-6.91 ct
H2 2024	22.21 ct/kWh	24.58 ct/kWh	-2.37 ct
H1 2024	20.66 ct/kWh	24.64 ct/kWh	-3.98 ct
H2 2023	19.66 ct/kWh	24.48 ct/kWh	-4.82 ct
H1 2023	18.49 ct/kWh	24.81 ct/kWh	-6.32 ct
H2 2022	18.70 ct/kWh	23.92 ct/kWh	-5.22 ct
H1 2022	18.32 ct/kWh	23.67 ct/kWh	-5.35 ct
H2 2021	16.73 ct/kWh	23.33 ct/kWh	-6.60 ct
H1 2021	16.28 ct/kWh	23.32 ct/kWh	-7.04 ct
H2 2020	14.99 ct/kWh	23.56 ct/kWh	-8.57 ct
H1 2020	16.07 ct/kWh	23.58 ct/kWh	-7.51 ct
H2 2019	17.14 ct/kWh	21.40 ct/kWh	-4.26 ct
H1 2019	17.10 ct/kWh	21.38 ct/kWh	-4.28 ct
H2 2018	17.61 ct/kWh	20.01 ct/kWh	-2.40 ct
H1 2018	18.67 ct/kWh	19.81 ct/kWh	-1.14 ct
H2 2017	18.55 ct/kWh	18.89 ct/kWh	-0.34 ct
H1 2017	19.57 ct/kWh	18.80 ct/kWh	+0.77 ct
H2 2016	18.26 ct/kWh	18.55 ct/kWh	-0.29 ct
H1 2016	16.25 ct/kWh	18.55 ct/kWh	-2.30 ct
H2 2015	15.75 ct/kWh	19.24 ct/kWh	-3.49 ct
H1 2015	14.93 ct/kWh	19.24 ct/kWh	-4.31 ct
H2 2014	14.50 ct/kWh	18.93 ct/kWh	-4.43 ct
H1 2014	14.13 ct/kWh	18.93 ct/kWh	-4.80 ct
H2 2013	13.47 ct/kWh	17.97 ct/kWh	-4.50 ct
H1 2013	13.22 ct/kWh	18.55 ct/kWh	-5.33 ct
H2 2012	15.54 ct/kWh	18.95 ct/kWh	-3.41 ct
H1 2012	14.86 ct/kWh	18.86 ct/kWh	-4.00 ct
H2 2011	—	18.47 ct/kWh	—
H1 2011	—	18.63 ct/kWh	—
H2 2010	—	19.31 ct/kWh	—
H1 2010	—	19.06 ct/kWh	—
H2 2009	—	20.52 ct/kWh	—
H1 2009	—	20.52 ct/kWh	—
H2 2008	—	18.69 ct/kWh	—
H1 2008	—	18.40 ct/kWh	—
H2 2007	—	18.40 ct/kWh	—
H1 2007	—	22.19 ct/kWh	—

Source: Eurostat (nrg_pc_204)