Electricity price in Latvia on 24 May 2023
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
15.2612.62 c/kWh incl. VATexcl. VAT
57% higher than 23 May (avg 9.698.01)
- Cheapest hour
- 00:00–01:00 · 7.956.57 c
- Most expensive hour
- 16:00–17:00 · 76.1262.91 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 24 May 2023, the electricity price in Latvia averaged 15.26 c/kWh incl. VAT. The cheapest clock hour was 00:00–01:00, at 7.95 c; the most expensive was 16:00–17:00, at 76.12 c. On 24 May 2023, the electricity price in Latvia averaged 12.62 c/kWh excl. VAT. The cheapest clock hour was 00:00–01:00, at 6.57 c; the most expensive was 16:00–17:00, at 62.91 c.
Cheapest hours on 24 May
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 00:00–01:00 average 7.956.57 c
- 2 hours 00:00–02:00 average 7.996.60 c
- 3 hours 00:00–03:00 average 7.996.60 c
- 4 hours 00:00–04:00 average 8.016.62 c
Most expensive clock hour: 16:00–17:00 (76.1262.91 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 | 7.956.57 | Cheap |
| 01:00–02:00 | 8.026.63 | Cheap |
| 02:00–03:00 | 7.996.60 | Cheap |
| 03:00–04:00 | 8.096.69 | Cheap |
| 04:00–05:00 | 8.176.75 | Cheap |
| 05:00–06:00 | 8.957.39 | Cheap |
| 06:00–07:00 | 10.208.43 | Cheap |
| 07:00–08:00 | 13.1210.85 | Normal |
| 08:00–09:00 | 15.0212.42 | Normal |
| 09:00–10:00 | 13.2710.97 | Normal |
| 10:00–11:00 | 11.989.90 | Normal |
| 11:00–12:00 | 10.408.59 | Cheap |
| 12:00–13:00 | 9.808.10 | Cheap |
| 13:00–14:00 | 16.1013.31 | Normal |
| 14:00–15:00 | 12.8310.60 | Normal |
| 15:00–16:00 | 12.8410.61 | Normal |
| 16:00–17:00 | 76.1262.91 | Very expensive |
| 17:00–18:00 | 15.1312.50 | Normal |
| 18:00–19:00 | 12.7310.52 | Normal |
| 19:00–20:00 | 13.9211.51 | Normal |
| 20:00–21:00 | 20.1416.65 | Expensive |
| 21:00–22:00 | 21.5717.83 | Expensive |
| 22:00–23:00 | 18.1314.98 | Normal |
| 23:00–24:00 | 13.8711.46 | Normal |