Electricity price in Latvia on 4 May 2023
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
11.629.60 c/kWh incl. VATexcl. VAT
14% higher than 3 May (avg 10.168.40)
- Cheapest hour
- 15:00–16:00 · 7.095.86 c
- Most expensive hour
- 08:00–09:00 · 15.7012.98 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 4 May 2023, the electricity price in Latvia averaged 11.62 c/kWh incl. VAT. The cheapest clock hour was 15:00–16:00, at 7.09 c; the most expensive was 08:00–09:00, at 15.70 c. On 4 May 2023, the electricity price in Latvia averaged 9.60 c/kWh excl. VAT. The cheapest clock hour was 15:00–16:00, at 5.86 c; the most expensive was 08:00–09:00, at 12.98 c.
Cheapest hours on 4 May
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 15:00–16:00 average 7.095.86 c
- 2 hours 14:00–16:00 average 7.306.04 c
- 3 hours 14:00–17:00 average 7.576.25 c
- 4 hours 13:00–17:00 average 7.856.48 c
Most expensive clock hour: 08:00–09:00 (15.7012.98 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 | 10.678.82 | Normal |
| 01:00–02:00 | 11.839.77 | Normal |
| 02:00–03:00 | 11.259.30 | Normal |
| 03:00–04:00 | 11.129.19 | Normal |
| 04:00–05:00 | 11.259.30 | Normal |
| 05:00–06:00 | 11.339.36 | Normal |
| 06:00–07:00 | 12.6310.44 | Normal |
| 07:00–08:00 | 14.7612.20 | Expensive |
| 08:00–09:00 | 15.7012.98 | Expensive |
| 09:00–10:00 | 14.5111.99 | Normal |
| 10:00–11:00 | 12.6310.44 | Normal |
| 11:00–12:00 | 10.899.00 | Normal |
| 12:00–13:00 | 9.637.96 | Normal |
| 13:00–14:00 | 8.697.18 | Cheap |
| 14:00–15:00 | 7.526.21 | Cheap |
| 15:00–16:00 | 7.095.86 | Cheap |
| 16:00–17:00 | 8.096.69 | Cheap |
| 17:00–18:00 | 9.567.90 | Normal |
| 18:00–19:00 | 11.989.90 | Normal |
| 19:00–20:00 | 13.5111.17 | Normal |
| 20:00–21:00 | 14.3011.82 | Normal |
| 21:00–22:00 | 14.1611.70 | Normal |
| 22:00–23:00 | 13.3911.07 | Normal |
| 23:00–24:00 | 12.3310.19 | Normal |