Electricity price in Latvia on 8 August 2023
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
1.971.62 c/kWh incl. VATexcl. VAT
53% lower than 7 August (avg 4.203.47)
- Cheapest hour
- 16:00–17:00 · −1.21−1.00 c
- Most expensive hour
- 21:00–22:00 · 11.789.73 c
- Hours below zero
- 13 h
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 8 August 2023, the electricity price in Latvia averaged 1.97 c/kWh incl. VAT. The cheapest clock hour was 16:00–17:00, at −1.21 c; the most expensive was 21:00–22:00, at 11.78 c. On 8 August 2023, the electricity price in Latvia averaged 1.62 c/kWh excl. VAT. The cheapest clock hour was 16:00–17:00, at −1.00 c; the most expensive was 21:00–22:00, at 9.73 c.
Cheapest hours on 8 August
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 16:00–17:00 average −1.21−1.00 c
- 2 hours 16:00–18:00 average −0.83−0.68 c
- 3 hours 02:00–05:00 average −0.63−0.52 c
- 4 hours 02:00–06:00 average −0.63−0.52 c
Most expensive clock hour: 21:00–22:00 (11.789.73 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 | 3.172.62 | Normal |
| 01:00–02:00 | −0.01−0.01 | Negative |
| 02:00–03:00 | −0.73−0.60 | Negative |
| 03:00–04:00 | −0.75−0.62 | Negative |
| 04:00–05:00 | −0.41−0.34 | Negative |
| 05:00–06:00 | −0.61−0.51 | Negative |
| 06:00–07:00 | −0.20−0.16 | Negative |
| 07:00–08:00 | 0.000.00 | Cheap |
| 08:00–09:00 | 1.801.49 | Normal |
| 09:00–10:00 | 2.091.72 | Normal |
| 10:00–11:00 | 0.310.26 | Cheap |
| 11:00–12:00 | −0.47−0.39 | Negative |
| 12:00–13:00 | −0.75−0.62 | Negative |
| 13:00–14:00 | −0.01−0.01 | Negative |
| 14:00–15:00 | −0.01−0.01 | Negative |
| 15:00–16:00 | −0.01−0.01 | Negative |
| 16:00–17:00 | −1.21−1.00 | Negative |
| 17:00–18:00 | −0.44−0.37 | Negative |
| 18:00–19:00 | 0.070.05 | Cheap |
| 19:00–20:00 | 10.909.01 | Very expensive |
| 20:00–21:00 | 11.519.51 | Very expensive |
| 21:00–22:00 | 11.789.73 | Very expensive |
| 22:00–23:00 | 11.009.09 | Very expensive |
| 23:00–24:00 | 0.150.12 | Cheap |