Iceland vs. Serbia

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

IS · Iceland

24.45ct/kWh

RS · Serbia

12.71ct/kWh

Serbia is 92.4% cheaper than Iceland — EU avg: 23.71 ct/kWh

Price History

Period	Iceland	Serbia	Δ
H1 2025	24.45 ct/kWh	12.71 ct/kWh	+11.74 ct
H2 2024	22.21 ct/kWh	12.60 ct/kWh	+9.61 ct
H1 2024	20.66 ct/kWh	12.39 ct/kWh	+8.27 ct
H2 2023	19.66 ct/kWh	12.05 ct/kWh	+7.61 ct
H1 2023	18.49 ct/kWh	11.36 ct/kWh	+7.13 ct
H2 2022	18.70 ct/kWh	10.28 ct/kWh	+8.42 ct
H1 2022	18.32 ct/kWh	9.73 ct/kWh	+8.59 ct
H2 2021	16.73 ct/kWh	9.68 ct/kWh	+7.05 ct
H1 2021	16.28 ct/kWh	9.30 ct/kWh	+6.98 ct
H2 2020	14.99 ct/kWh	8.49 ct/kWh	+6.50 ct
H1 2020	16.07 ct/kWh	8.63 ct/kWh	+7.44 ct
H2 2019	17.14 ct/kWh	8.33 ct/kWh	+8.81 ct
H1 2019	17.10 ct/kWh	8.27 ct/kWh	+8.83 ct
H2 2018	17.61 ct/kWh	8.20 ct/kWh	+9.41 ct
H1 2018	18.67 ct/kWh	8.25 ct/kWh	+10.42 ct
H2 2017	18.55 ct/kWh	8.05 ct/kWh	+10.50 ct
H1 2017	19.57 ct/kWh	7.76 ct/kWh	+11.81 ct
H2 2016	18.26 ct/kWh	7.59 ct/kWh	+10.67 ct
H1 2016	16.25 ct/kWh	7.50 ct/kWh	+8.75 ct
H2 2015	15.75 ct/kWh	7.46 ct/kWh	+8.29 ct
H1 2015	14.93 ct/kWh	6.10 ct/kWh	+8.83 ct
H2 2014	14.50 ct/kWh	7.12 ct/kWh	+7.38 ct
H1 2014	14.13 ct/kWh	6.58 ct/kWh	+7.55 ct
H2 2013	13.47 ct/kWh	7.06 ct/kWh	+6.41 ct
H1 2013	13.22 ct/kWh	6.73 ct/kWh	+6.49 ct
H2 2012	15.54 ct/kWh	—	—
H1 2012	14.86 ct/kWh	—	—

Source: Eurostat (nrg_pc_204)