Electricity price in Latvia on 12 July 2023
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
13.0110.75 c/kWh incl. VATexcl. VAT
7% lower than 11 July (avg 14.0511.62)
- Cheapest hour
- 14:00–15:00 · 5.194.29 c
- Most expensive hour
- 20:00–21:00 · 21.1217.46 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 12 July 2023, the electricity price in Latvia averaged 13.01 c/kWh incl. VAT. The cheapest clock hour was 14:00–15:00, at 5.19 c; the most expensive was 20:00–21:00, at 21.12 c. On 12 July 2023, the electricity price in Latvia averaged 10.75 c/kWh excl. VAT. The cheapest clock hour was 14:00–15:00, at 4.29 c; the most expensive was 20:00–21:00, at 17.46 c.
Cheapest hours on 12 July
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 14:00–15:00 average 5.194.29 c
- 2 hours 13:00–15:00 average 5.484.53 c
- 3 hours 13:00–16:00 average 5.744.74 c
- 4 hours 13:00–17:00 average 6.275.18 c
Most expensive clock hour: 20:00–21:00 (21.1217.46 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 | 14.6112.08 | Normal |
| 01:00–02:00 | 11.919.85 | Normal |
| 02:00–03:00 | 11.019.10 | Normal |
| 03:00–04:00 | 10.899.00 | Normal |
| 04:00–05:00 | 9.938.21 | Normal |
| 05:00–06:00 | 10.128.36 | Normal |
| 06:00–07:00 | 10.318.52 | Normal |
| 07:00–08:00 | 12.3710.23 | Normal |
| 08:00–09:00 | 14.2911.81 | Normal |
| 09:00–10:00 | 14.5212.00 | Normal |
| 10:00–11:00 | 12.8510.62 | Normal |
| 11:00–12:00 | 11.169.22 | Normal |
| 12:00–13:00 | 9.848.13 | Normal |
| 13:00–14:00 | 5.784.77 | Cheap |
| 14:00–15:00 | 5.194.29 | Cheap |
| 15:00–16:00 | 6.255.17 | Cheap |
| 16:00–17:00 | 7.876.50 | Cheap |
| 17:00–18:00 | 15.8413.09 | Normal |
| 18:00–19:00 | 19.4616.09 | Expensive |
| 19:00–20:00 | 19.7516.32 | Expensive |
| 20:00–21:00 | 21.1217.46 | Very expensive |
| 21:00–22:00 | 19.9916.52 | Expensive |
| 22:00–23:00 | 19.5016.11 | Expensive |
| 23:00–24:00 | 17.6914.62 | Expensive |