ON Orkuvísir household electricity supply price in Iceland, stored hourly in ISK/kWh including 24% VAT. This is a published seasonal time-of-use tariff, not direct Elma spot-price pass-through.
October–April rates are ISK 6.40/kWh low and ISK 12.55/kWh high; May–September rates are ISK 5.91/kWh low and ISK 11.59/kWh high. On Monday–Friday, low hours are 23:00–07:00. On Saturday and Sunday, low hours are 23:00–15:00. All other hours are high, using Atlantic/Reykjavik local time. ON describes “working days” and weekends but does not publish a public-holiday rule, so Priicer interprets this as weekdays versus weekends.
Requires opting in, a smart meter and interval data already reaching ON from the distribution company. Rates exclude distribution, transmission, grid fixed charges, the ISK 86 bank-billing fee and the optional ISK 0.50/kWh guarantee-of-origin charge. Orkuvísir rates are verified from January 1, 2026; ON's current tariff page effective September 15, 2026 retains the same rates. Rates and schedule checked September 17, 2026; ON's English translation showed conflicting figures, so Priicer follows the Icelandic tariff and schedule graphic.
Product and eligibility · Icelandic tariff · Official schedule
An average day in the Iceland ON Orkuvísir 60-minute plan
History of prices
