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ON Power's Electricity Tariff

The tariffs below came into effect on 1 April, 2025.

ON Power's Electricity Tariff

The tariffs below came into effect on 1 April, 2025.

ON Power's Electricity Tariff

The tariffs below came into effect on 1 April, 2025.

ON Power's Electricity Tariff

The tariffs below came into effect on 1 April, 2025.

Electricity Tariff for Homes and Businesses

Electricity Tariff for Homes and Businesses

Product name

Incl. VAT

Excl. VAT

General electricity usage

11.41 ISK/kWh

9.20 ISK/kWh

ON Power's Orkuvísir - dynamic electricity rates

Nights and weekends in winter

9.70 ISK/kWh

7.82 ISK/kWh

Winter tariff

12.95 ISK/kWh

10.44 ISK/kWh

Nights and weekends in summer

8.70 ISK/kWh

7.02 ISK/kWh

Summer tariff

11.59 ISK/kWh

9.35 ISK/kWh

Guarantee of Origin

0.5 ISK/kWh

0.4 ISK/kWh

Notification and payment fee – credit card

ISK 0

Notification and payment fee – online banking

ISK 86

Notification and payment fee - paper

ISK 415

NOTE: General electricity consumption does not include distribution and transport. Distribution companies (Veitur, HS Veitur, RARIK, Norðurorka, Orkubú Vestfjarðar) distribute the electricity and are responsible for collecting distribution fees. The Electricity Act stipulates that energy bills must be itemized by transport, distribution, and sales. Distribution and transport are subject to exclusive license but the sale of electricity is free. As of 2023, Guarantees of Origin are no longer included in purchase of electricity.

Electricity Tariff for Public Charging Stations

Electricity Tariff for Public Charging Stations

Product name

Electricity tariff incl. VAT

Hourly fee incl. VAT

AC Neighborhood Charging

33 ISK/kWh

0.5 ISK/min

AC Neighborhood Charging – loyalty tariff

27 ISK/kWh

0.4 ISK/min

AC Travel Charging

48 ISK/kWh

0.5 ISK/min

AC Charging – loyalty tariff

39 ISK/kWh

0.4 ISK/min

DC rapid charging

69 ISK/kWh

0

DC rapid charging – loyalty tariff

55 ISK/kWh

0

Subscription Price for Home Charging

Subscription Price for Home Charging

Product name

Monthly fee incl. VAT

Charging subscription with a charging station in a single-family home

ISK 2,900

Charging subscription with a charging station for an apartment building

ISK 4,400

Charging subscription for your own charging station

ISK 1,190

Each user pays a monthly subscription fee along with their electricity usage using the ON Key.

Electricity Tariff for Home Charging in Apartment Buildings and Company Charging Subscription

Electricity Tariff for Home Charging in Apartment Buildings and Company Charging Subscription

Electricity tariff

ON Power Loyalty tariff

Distribution

Total

ON Power Loyalty tariff in Veitur's distribution area (0-500A)

10.27 ISK/kWh

11.36 ISK/kWh

21.63 ISK/kWh

ON Power Loyalty tariff in HS Veitur's distribution area (0-500A)

10.27 ISK/kWh

11.10 ISK/kWh

21.37 ISK/kWh

ON Power Loyalty tariff in Norðurorka's distribution area (0-100A)

10.27 ISK/kWh

10.49 ISK/kWh

20.76 ISK/kWh

ON Power Loyalty tariff in Orkubú Vestfjarða's distribution area (urban) (0-80A)

10.27 ISK/kWh

11.49 ISK/kWh

21.76 ISK/kWh

ON Power Loyalty tariff in RARIK's distribution area (urban) (0-80A)

10.27 ISK/kWh

12,11 ISK/kWh

22,38 ISK/kWh

ON Power Loyalty tariff in RARIK's distribution area (rural) (0-80A)

10.27 ISK/kWh

16,51 ISK/kWh

26,78 ISK/kWh

Electricity is not specifically included for single-family houses unless otherwise stated.

Tariff for the Electricity Meter Flat Fee

Tariff for the Electricity Meter Flat Fee

Utility company – flat fee for electricity meters

Monthly fee incl. VAT

Veitur – (A1D)

ISK 1,690

HS Veitur – 0-80A (AD1)

ISK 1,705

HS Veitur – 81-199A (AD2)

ISK 6,423

Rarik Urban – 0-80 A (VO110)

ISK 3,017

Rarik Rural – 0-80A (VO130)

ISK 4,163

Orkubú Vestfjarða – 0-80A (A10T)

ISK 2,546

Norðurorka – 0-100A (A1D)

ISK 2,164

Subscription fees for Company Charging

Subscription fees for Company Charging

Product name

Monthly fee excluding VAT.

Monthly fee including VAT.

Charging subscription with charging station

ISK 3,548

ISK 4,400

Charging subscription for your own charging station

ISK 960

ISK 1,190

Charging Subscription+

ISK 4,435

ISK 5,500

Charging subscription+ for your own charging station

ISK 1,847

ISK 2,290

Rapid Charging subscription

Quote

Quote

Home Charging for employees

ISK 3,548

ISK 4,400

ON Power Home Charging subscription

With a subscription to ON Power's Home Charging, you get a charging station so there is no need to invest in expensive equipment.

The ON App

Track your usage in real-time with the ON App

Check out the charging card

Track your usage in real time

Better charging rates with ON Power Household Electricity