Electricity price in Latvia on 12 January 2023
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
9.447.80 c/kWh incl. VATexcl. VAT
11% lower than 11 January (avg 10.668.81)
- Cheapest hour
- 04:00–05:00 · 0.010.01 c
- Most expensive hour
- 14:00–15:00 · 15.1312.50 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 12 January 2023, the electricity price in Latvia averaged 9.44 c/kWh incl. VAT. The cheapest clock hour was 04:00–05:00, at 0.01 c; the most expensive was 14:00–15:00, at 15.13 c. On 12 January 2023, the electricity price in Latvia averaged 7.80 c/kWh excl. VAT. The cheapest clock hour was 04:00–05:00, at 0.01 c; the most expensive was 14:00–15:00, at 12.50 c.
Cheapest hours on 12 January
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 04:00–05:00 average 0.010.01 c
- 2 hours 04:00–06:00 average 0.170.14 c
- 3 hours 03:00–06:00 average 0.300.25 c
- 4 hours 02:00–06:00 average 0.400.33 c
Most expensive clock hour: 14:00–15:00 (15.1312.50 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 | 5.244.33 | Cheap |
| 01:00–02:00 | 2.411.99 | Cheap |
| 02:00–03:00 | 0.670.55 | Cheap |
| 03:00–04:00 | 0.570.47 | Cheap |
| 04:00–05:00 | 0.010.01 | Cheap |
| 05:00–06:00 | 0.330.27 | Cheap |
| 06:00–07:00 | 3.022.49 | Cheap |
| 07:00–08:00 | 11.909.83 | Expensive |
| 08:00–09:00 | 15.1312.50 | Very expensive |
| 09:00–10:00 | 15.1312.50 | Very expensive |
| 10:00–11:00 | 15.1312.50 | Very expensive |
| 11:00–12:00 | 13.2310.93 | Expensive |
| 12:00–13:00 | 12.8110.59 | Expensive |
| 13:00–14:00 | 13.6811.31 | Expensive |
| 14:00–15:00 | 15.1312.50 | Very expensive |
| 15:00–16:00 | 8.927.38 | Normal |
| 16:00–17:00 | 15.1312.50 | Very expensive |
| 17:00–18:00 | 12.8110.59 | Expensive |
| 18:00–19:00 | 13.3010.99 | Expensive |
| 19:00–20:00 | 14.1111.66 | Expensive |
| 20:00–21:00 | 11.909.84 | Expensive |
| 21:00–22:00 | 8.967.41 | Normal |
| 22:00–23:00 | 9.017.45 | Normal |
| 23:00–24:00 | 8.096.68 | Normal |