Energy

Development of energy cost and revenue cap 2005-2015

EFLA prepared a report, where information is gathered on the development of total gain of electricity supply to an electrically heated home that uses 30,000 kWh / year and 85% of the energy goes to heating. 


Furthermore information on taxes and subsidies are compiled. The development of cost is shown since the Electricity Act came into force in 2005 and until 2017. 

About this Project

Client
Ministry of Industries and Innovation

Timespan
January 2017 - March 2017

Location
Reykjavík, Iceland

Contact

The project's objective

The cost of heating houses varies between regions in Iceland where cheap geothermal energy is widely used for heating but less than 10% of the population use electricity for space heating which is much more expensive than geothermal space heating. As a result, users of electricity for space heating have called for action from the government to reduce the cost of heating houses and due to that electricity for heating long been subsidized by the state.

EFLA has assisted the government for decades in estimating the cost of heating and has collected figures on tariffs that have been used for the sale of electricity. 

EFLA's role

  • Project management
  • Model development and calculation
  • Report