The general rate for homes and local business is 7,97 ISK/kWh and consists of ON electricity and VAT.

As of 1 January 2018.

Front Slide #1

ON Power is a producer and supplier of energy in Iceland

Data Center

We Can Provide Renewable Energy For Your Data Center At Competitive Prices For Long Term Contracts


What is Geothermal Energy?

Geothermal Water Originates From Cold Rainwater


About Us

Meet ON Power´s Management Team and Director


A Leader in the Pure and Renewable Geothermal Energy Sector in Europe

ON Power is a leading energy company in Iceland that owns and operates the largest geothermal powerplant in the world. ON Power supplies homes, businesses and industrial clients with 100% pure, green and renewable energy at highly competetive prices.

Business opportunities in Iceland

Iceland offers a wide variety of business opportunities in data centers and other energy dependent industries.

Learn more about the business environment in Iceland



🍂 A Leader in the Geothermal Energy Sector

We supply green and sustainable power, mainly produced by geothermal energy, to more than half of the population of Iceland. ON is a world leader in the utilisation of geothermal energy and owns and operates one of the largest geothermal heating utilities in the world. We have a longstanding experience of maintaining successful and rewarding working relationships with large international companies..

Learn More

Data Center

With one of the most reliable power infrastructures in the world and renewable green energy at a competitive price, Iceland is an ideal location for data centres. ON offers competitive power prices with long term contracts. All our energy is 100% green and renewable. Site locations are close to Iceland's main international airport and the capital city of Reykjavik.

Iceland’s temperate climate offers year-round, free cooling. For an industry where half of the power cost is for cooling, this is a clear advantage. An abundance of cold water reduces the cost of cooling even further. Lower energy consumption and renewable resources are appealing for both the budget and the environment. Choose ON and minimize your carbon footprint!