Electricity price in Latvia on 8 January 2023
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
6.685.52 c/kWh incl. VATexcl. VAT
43% lower than 7 January (avg 11.829.77)
- Cheapest hour
- 06:00–07:00 · 1.200.99 c
- Most expensive hour
- 11:00–12:00 · 11.929.85 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 8 January 2023, the electricity price in Latvia averaged 6.68 c/kWh incl. VAT. The cheapest clock hour was 06:00–07:00, at 1.20 c; the most expensive was 11:00–12:00, at 11.92 c. On 8 January 2023, the electricity price in Latvia averaged 5.52 c/kWh excl. VAT. The cheapest clock hour was 06:00–07:00, at 0.99 c; the most expensive was 11:00–12:00, at 9.85 c.
Cheapest hours on 8 January
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 06:00–07:00 average 1.200.99 c
- 2 hours 05:00–07:00 average 3.292.72 c
- 3 hours 04:00–07:00 average 3.582.96 c
- 4 hours 03:00–07:00 average 4.083.37 c
Most expensive clock hour: 11:00–12:00 (11.929.85 c)
Price through the day
Tap the chart to see the price of an hour · c/kWh incl. VATexcl. VAT
c/kWh incl. VATexcl. VAT, per hour. Colours compare each price with the day’s average; a price is marked as expensive only if it is above the average by at least 1.211 c.
Price hour by hour
| Time | Price | Level |
|---|---|---|
| 00:00–01:00 | 4.343.59 | Cheap |
| 01:00–02:00 | 2.962.44 | Cheap |
| 02:00–03:00 | 6.355.25 | Normal |
| 03:00–04:00 | 5.594.62 | Normal |
| 04:00–05:00 | 4.163.44 | Cheap |
| 05:00–06:00 | 5.374.44 | Normal |
| 06:00–07:00 | 1.200.99 | Cheap |
| 07:00–08:00 | 6.014.97 | Normal |
| 08:00–09:00 | 6.985.77 | Normal |
| 09:00–10:00 | 9.147.55 | Expensive |
| 10:00–11:00 | 11.599.58 | Very expensive |
| 11:00–12:00 | 11.929.85 | Very expensive |
| 12:00–13:00 | 5.694.70 | Normal |
| 13:00–14:00 | 5.694.70 | Normal |
| 14:00–15:00 | 5.924.90 | Normal |
| 15:00–16:00 | 6.645.49 | Normal |
| 16:00–17:00 | 7.686.35 | Normal |
| 17:00–18:00 | 8.006.61 | Normal |
| 18:00–19:00 | 8.376.92 | Expensive |
| 19:00–20:00 | 8.466.99 | Expensive |
| 20:00–21:00 | 7.946.56 | Normal |
| 21:00–22:00 | 7.386.10 | Normal |
| 22:00–23:00 | 6.955.74 | Normal |
| 23:00–24:00 | 6.055.00 | Normal |