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Substation Technician salary in Iceland

Average Yearly Salary of Substation Technician in Iceland is approximately 11,625,949 ISK (81,623 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 Substation Technician do?

occupation personasA substation technician is responsible for the installation, maintenance, and repair of electrical equipment in power substations. They work with various high-voltage components such as transformers, circuit breakers, switches, and control systems to ensure the safe and efficient distribution of electricity. Substation technicians perform routine inspections, troubleshoot issues, and conduct tests to identify and resolve electrical faults. They also assist in the construction and commissioning of new substations, ensuring compliance with safety regulations and industry standards. This occupation requires strong technical skills, knowledge of electrical systems, and the ability to interpret blueprints and schematics. Substation technicians often work in teams and may need to climb structures or work in confined spaces. They must adhere to strict safety protocols and possess excellent problem-solving abilities.

Skills: Substation technician, Electrical equipment, Power substations, High-voltage components, Electrical maintenance, Troubleshooting
Job industry: Energy


How much does Substation Technician make?

Salary details
How much does Substation Technician make?
Estimated Yearly Salary: 11,625,949 ISK
Estimated Monthly Salary: 968,829 ISK
Estimated Weekly Salary: 223,576 ISK per week
Estimated Hourly Salary: 5,589 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 11,271,403 ISK
Estimated Monthly Salary: 939,284 ISK
Estimated Weekly Salary: 216,758 ISK per week
Estimated Hourly Salary: 5,419 ISK per hour
Last revision of data: 2024-01-05



Substation Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 81,623 USD
Estimated Monthly Salary: 6,802 USD
Estimated Weekly Salary: 1,570 USD per week
Estimated Hourly Salary: 39 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Substation Technician job salary compared to average salary in Iceland.
Comparison shows that a person working as Substation Technician in Iceland earns on average:
1.3 times the average salary (or 130% of average salary).

Is Substation Technician a well paid job?

Yes, our data shows that Substation Technician 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 Substation Technician?

High salary for Substation Technician would be somewhere between 12,788,544 ISK and 16,857,626 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Substation Technician 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: 11,625,949 ISK
Estimated Monthly Salary: 968,829 ISK
Estimated Weekly Salary: 223,576 ISK per week
Estimated Hourly Salary: 5,589 ISK per hour
By working as Substation Technician a person can save up to 4,073 USD per month or 48,877 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 Substation Technician

Norway is 114,373 USDup arrow 40%
Details on Substation Technician salary in Norway
United Kingdom is 53,792 USDdown arrow 34%
Details on Substation Technician salary in United Kingdom
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(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.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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