Electricity price in Latvia on 2 May 2023
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
11.419.43 c/kWh incl. VATexcl. VAT
79% higher than 1 May (avg 6.365.26)
- Cheapest hour
- 00:00–01:00 · 6.935.73 c
- Most expensive hour
- 21:00–22:00 · 16.8713.94 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 2 May 2023, the electricity price in Latvia averaged 11.41 c/kWh incl. VAT. The cheapest clock hour was 00:00–01:00, at 6.93 c; the most expensive was 21:00–22:00, at 16.87 c. On 2 May 2023, the electricity price in Latvia averaged 9.43 c/kWh excl. VAT. The cheapest clock hour was 00:00–01:00, at 5.73 c; the most expensive was 21:00–22:00, at 13.94 c.
Cheapest hours on 2 May
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 00:00–01:00 average 6.935.73 c
- 2 hours 04:00–06:00 average 7.055.82 c
- 3 hours 03:00–06:00 average 7.185.93 c
- 4 hours 02:00–06:00 average 7.356.08 c
Most expensive clock hour: 21:00–22:00 (16.8713.94 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 | 6.935.73 | Cheap |
| 01:00–02:00 | 8.426.96 | Cheap |
| 02:00–03:00 | 7.896.52 | Cheap |
| 03:00–04:00 | 7.446.15 | Cheap |
| 04:00–05:00 | 7.035.81 | Cheap |
| 05:00–06:00 | 7.065.84 | Cheap |
| 06:00–07:00 | 7.946.56 | Cheap |
| 07:00–08:00 | 12.1310.02 | Normal |
| 08:00–09:00 | 14.9212.33 | Expensive |
| 09:00–10:00 | 15.8513.10 | Expensive |
| 10:00–11:00 | 14.4511.94 | Expensive |
| 11:00–12:00 | 13.5511.20 | Normal |
| 12:00–13:00 | 12.8010.58 | Normal |
| 13:00–14:00 | 11.639.61 | Normal |
| 14:00–15:00 | 11.139.20 | Normal |
| 15:00–16:00 | 10.438.62 | Normal |
| 16:00–17:00 | 9.728.04 | Normal |
| 17:00–18:00 | 10.268.48 | Normal |
| 18:00–19:00 | 11.159.22 | Normal |
| 19:00–20:00 | 12.9110.67 | Normal |
| 20:00–21:00 | 15.3512.69 | Expensive |
| 21:00–22:00 | 16.8713.94 | Expensive |
| 22:00–23:00 | 15.7913.05 | Expensive |
| 23:00–24:00 | 12.1010.00 | Normal |