Home > Salary > Iceland > Power Plant Engineer
A power plant engineer is responsible for the design, operation, and maintenance of power generation facilities. They play a crucial role in ensuring the efficient and reliable production of electricity. Power plant engineers are involved in various aspects of power generation, including planning, construction, and management of power plants.
Their duties include conducting feasibility studies, designing power plant systems, overseeing construction projects, monitoring plant operations, troubleshooting equipment failures, and implementing maintenance programs. They work closely with other engineers, technicians, and operators to optimize plant performance, ensure compliance with safety regulations, and maximize energy production.
Estimated Yearly Salary: 17,049,453 ISK
Estimated Monthly Salary: 1,420,788 ISK
Estimated Weekly Salary: 327,874 ISK per week
Estimated Hourly Salary: 8,197 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,373,491 ISK
Estimated Weekly Salary: 316,960 ISK per week
Estimated Hourly Salary: 7,924 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 118,850 USD
Estimated Monthly Salary: 9,904 USD
Estimated Weekly Salary: 2,286 USD per week
Estimated Hourly Salary: 57 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 17,049,453 ISK
Estimated Monthly Salary: 1,420,788 ISK
Estimated Weekly Salary: 327,874 ISK per week
Estimated Hourly Salary: 8,197 ISK per hour
By working as Power Plant Engineer a person can save up to 7,175 USD per month or 86,104 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Power Plant Engineer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Rehabilitation services manager (13,364,589 ISK per year, pre-tax.)
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Copy machine operator (4,349,415 ISK per year, pre-tax.)
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Power Plant Engineer salary in Iceland
Average Yearly Salary of Power Plant Engineer in Iceland is approximately 17,049,453 ISK (118,850 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Power Plant Engineer do?
A power plant engineer is responsible for the design, operation, and maintenance of power generation facilities. They play a crucial role in ensuring the efficient and reliable production of electricity. Power plant engineers are involved in various aspects of power generation, including planning, construction, and management of power plants.
Their duties include conducting feasibility studies, designing power plant systems, overseeing construction projects, monitoring plant operations, troubleshooting equipment failures, and implementing maintenance programs. They work closely with other engineers, technicians, and operators to optimize plant performance, ensure compliance with safety regulations, and maximize energy production.
Skills: Power plant engineer, Power generation, Plant design, Operations management, Equipment maintenance, Energy production
Job industry: Energy
Job industry: Energy
How much does Power Plant Engineer make?
Salary details
How much does Power Plant Engineer make?Estimated Yearly Salary: 17,049,453 ISK
Estimated Monthly Salary: 1,420,788 ISK
Estimated Weekly Salary: 327,874 ISK per week
Estimated Hourly Salary: 8,197 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 16,481,894 ISKEstimated Monthly Salary: 1,373,491 ISK
Estimated Weekly Salary: 316,960 ISK per week
Estimated Hourly Salary: 7,924 ISK per hour
Last revision of data: 2024-01-03Power Plant Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 118,850 USD
Estimated Monthly Salary: 9,904 USD
Estimated Weekly Salary: 2,286 USD per week
Estimated Hourly Salary: 57 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Power Plant Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Power Plant Engineer in Iceland earns on average:
1.91 times the average salary (or 191% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Power Plant Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Power Plant Engineer in Iceland earns on average:
1.91 times the average salary (or 191% of average salary).
Is Power Plant Engineer a well paid job?
Yes, our data shows that Power Plant Engineer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Power Plant Engineer?
High salary for Power Plant Engineer would be somewhere between 18,754,398 ISK and 24,721,707 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Power Plant Engineer in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 17,049,453 ISK
Estimated Monthly Salary: 1,420,788 ISK
Estimated Weekly Salary: 327,874 ISK per week
Estimated Hourly Salary: 8,197 ISK per hour
By working as Power Plant Engineer a person can save up to 7,175 USD per month or 86,104 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Power Plant Engineer
Norway is 167,200 USD
United Kingdom is 78,584 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Rehabilitation services manager (13,364,589 ISK per year, pre-tax.)
Sustainability officer (11,008,284 ISK per year, pre-tax.)
Copy machine operator (4,349,415 ISK per year, pre-tax.)
Sales consultant event management (11,893,321 ISK per year, pre-tax.)
Kennel assistant (3,633,200 ISK per year, pre-tax.)
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