Electricity price in Latvia on 18 May 2023
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
11.829.76 c/kWh incl. VATexcl. VAT
17% higher than 17 May (avg 10.138.37)
- Cheapest hour
- 15:00–16:00 · 3.562.94 c
- Most expensive hour
- 21:00–22:00 · 18.1715.02 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 18 May 2023, the electricity price in Latvia averaged 11.82 c/kWh incl. VAT. The cheapest clock hour was 15:00–16:00, at 3.56 c; the most expensive was 21:00–22:00, at 18.17 c. On 18 May 2023, the electricity price in Latvia averaged 9.76 c/kWh excl. VAT. The cheapest clock hour was 15:00–16:00, at 2.94 c; the most expensive was 21:00–22:00, at 15.02 c.
Cheapest hours on 18 May
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 15:00–16:00 average 3.562.94 c
- 2 hours 14:00–16:00 average 4.934.08 c
- 3 hours 14:00–17:00 average 5.424.48 c
- 4 hours 14:00–18:00 average 6.235.15 c
Most expensive clock hour: 21:00–22:00 (18.1715.02 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 | 12.1610.05 | Normal |
| 01:00–02:00 | 12.1710.06 | Normal |
| 02:00–03:00 | 11.089.16 | Normal |
| 03:00–04:00 | 10.808.92 | Normal |
| 04:00–05:00 | 10.608.76 | Normal |
| 05:00–06:00 | 11.049.13 | Normal |
| 06:00–07:00 | 11.879.81 | Normal |
| 07:00–08:00 | 12.8710.64 | Normal |
| 08:00–09:00 | 16.6913.79 | Expensive |
| 09:00–10:00 | 15.6112.90 | Expensive |
| 10:00–11:00 | 15.6812.96 | Expensive |
| 11:00–12:00 | 13.4711.13 | Normal |
| 12:00–13:00 | 10.038.29 | Normal |
| 13:00–14:00 | 9.918.19 | Normal |
| 14:00–15:00 | 6.315.22 | Cheap |
| 15:00–16:00 | 3.562.94 | Cheap |
| 16:00–17:00 | 6.395.28 | Cheap |
| 17:00–18:00 | 8.667.16 | Cheap |
| 18:00–19:00 | 10.278.48 | Normal |
| 19:00–20:00 | 13.9211.50 | Normal |
| 20:00–21:00 | 14.5312.01 | Normal |
| 21:00–22:00 | 18.1715.02 | Expensive |
| 22:00–23:00 | 14.5312.01 | Normal |
| 23:00–24:00 | 13.2610.96 | Normal |