It does not pollute and is cheap.
The hot water geysers in Iceland have been capped and are used to provide "free" electricity and heating in Iceland.
Because they use geothermal energy.
Like most western nations do, with electricity. Most electricity in Iceland though is manufactured with Hydroelectricity. A better question would be to ask how we heat up our houses.
Yes. Iceland uses more electricity per person than any other country in the world. Because of the availability of enormous amounts of hydroelectric and geothermal power, electricity costs less than half of what it does elsewhere in the world--and it's clean! That allows Iceland to attract energy-intensive industries, like aluminum production. It also means that electric and hydrogen powered vehicles can be cost-effective in Iceland.
One can find the cheap electricity for businesses by getting a quote from companies such as uSwitch. uSwitch compares the prices from all electricity suppliers available in the area, taking into account the amount of electricity used.
No, it's very cheap
Some of the best cheap business electricity suppliers are Atlantic City Electric and JCP & L. AEP Energy Inc. is also a good alternative for electricity for businesses.
No. Most of Iceland's electricity (75%) comes from hydro and 25% comes from geothermal. All its electricity is renewable. 87% of Iceland's hot water and heating is geothermal. Renewable energy sources meet 81% of Iceland's primary energy requirements for electricity, heat, and transportation. The remaining 19% is oil for transport.
Iceland lies on a contructive plate boundary whichs means that the plates are moving away from eachother. this means that there is a lot of tectonic activity which heats the rocks (they are close to the mantle). Water can be heated using this heat. the steam from the heated water can be used to create electricity by driving a turbine with the steam. This electricity can be used in homes in the same way other countries use electricity from coal. The difference is that coal is finite and the geothermal is not. This means that it is cheap and sustainable, and so it would be silly for Iceland not to use this.
Iceland
What is oil radiators for heating in household, are they cheap to run in electricity