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Latviešu
Country and language: Latvia

Electricity price in Latvia on 2 November 2023

· prices in c/kWh (1 c = €0.01) · times in Riga time

Average for the day

Price with or without VAT

8.677.16 c/kWh incl. VATexcl. VAT

47% higher than 1 November (avg 5.894.87)

Cheapest hour
04:00–05:00 · 1.801.49 c
Most expensive hour
18:00–19:00 · 17.7914.70 c

Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.

On 2 November 2023, the electricity price in Latvia averaged 8.67 c/⁠kWh incl. VAT. The cheapest clock hour was 04:00–⁠05:00, at 1.80 c; the most expensive was 18:00–⁠19:00, at 17.79 c. On 2 November 2023, the electricity price in Latvia averaged 7.16 c/⁠kWh excl. VAT. The cheapest clock hour was 04:00–⁠05:00, at 1.49 c; the most expensive was 18:00–⁠19:00, at 14.70 c.

Cheapest hours on 2 November

Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.

  1. 1 hour 04:00–⁠05:00 average 1.801.49 c
  2. 2 hours 03:00–⁠05:00 average 1.891.57 c
  3. 3 hours 02:00–⁠05:00 average 2.882.38 c
  4. 4 hours 03:00–⁠07:00 average 3.372.79 c

Most expensive clock hour: 18:00–19:00 (17.7914.70 c)

Price through the day

Tap the chart to see the price of an hour

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

Electricity price hour by hour, Thursday 2 November, in c/kWh incl. VATexcl. VAT.
Time Price Level
00:00–01:00 2.151.78 Cheap
01:00–02:00 5.694.70 Cheap
02:00–03:00 4.844.00 Cheap
03:00–04:00 1.981.64 Cheap
04:00–05:00 1.801.49 Cheap
05:00–06:00 6.295.20 Cheap
06:00–07:00 3.412.82 Cheap
07:00–08:00 10.949.04 Expensive
08:00–09:00 11.009.09 Expensive
09:00–10:00 10.348.54 Normal
10:00–11:00 10.298.50 Normal
11:00–12:00 10.298.50 Normal
12:00–13:00 10.298.50 Normal
13:00–14:00 7.135.90 Normal
14:00–15:00 7.015.79 Normal
15:00–16:00 8.507.02 Normal
16:00–17:00 11.029.11 Expensive
17:00–18:00 17.2714.27 Very expensive
18:00–19:00 17.7914.70 Very expensive
19:00–20:00 11.049.12 Expensive
20:00–21:00 10.979.07 Expensive
21:00–22:00 10.268.48 Normal
22:00–23:00 8.987.42 Normal
23:00–24:00 8.747.23 Normal