Electricity price in Latvia on 16 February 2024
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
7.015.79 c/kWh incl. VATexcl. VAT
32% lower than 15 February (avg 10.328.53)
- Cheapest hour
- 23:00–24:00 · 2.962.44 c
- Most expensive hour
- 07:00–08:00 · 10.919.02 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 16 February 2024, the electricity price in Latvia averaged 7.01 c/kWh incl. VAT. The cheapest clock hour was 23:00–24:00, at 2.96 c; the most expensive was 07:00–08:00, at 10.91 c. On 16 February 2024, the electricity price in Latvia averaged 5.79 c/kWh excl. VAT. The cheapest clock hour was 23:00–24:00, at 2.44 c; the most expensive was 07:00–08:00, at 9.02 c.
Cheapest hours on 16 February
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 23:00–24:00 average 2.962.44 c
- 2 hours 22:00–24:00 average 3.022.50 c
- 3 hours 21:00–24:00 average 3.082.54 c
- 4 hours 20:00–24:00 average 4.243.51 c
Most expensive clock hour: 07:00–08:00 (10.919.02 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 | 8.537.05 | Normal |
| 01:00–02:00 | 6.265.18 | Normal |
| 02:00–03:00 | 6.185.11 | Normal |
| 03:00–04:00 | 6.044.99 | Normal |
| 04:00–05:00 | 5.904.87 | Normal |
| 05:00–06:00 | 6.175.10 | Normal |
| 06:00–07:00 | 6.445.32 | Normal |
| 07:00–08:00 | 10.919.02 | Expensive |
| 08:00–09:00 | 10.598.75 | Expensive |
| 09:00–10:00 | 8.537.05 | Normal |
| 10:00–11:00 | 7.846.48 | Normal |
| 11:00–12:00 | 6.575.43 | Normal |
| 12:00–13:00 | 6.405.29 | Normal |
| 13:00–14:00 | 6.345.24 | Normal |
| 14:00–15:00 | 6.335.23 | Normal |
| 15:00–16:00 | 6.515.38 | Normal |
| 16:00–17:00 | 7.586.27 | Normal |
| 17:00–18:00 | 8.416.95 | Normal |
| 18:00–19:00 | 10.448.63 | Expensive |
| 19:00–20:00 | 9.257.65 | Expensive |
| 20:00–21:00 | 7.756.40 | Normal |
| 21:00–22:00 | 3.192.64 | Cheap |
| 22:00–23:00 | 3.092.55 | Cheap |
| 23:00–24:00 | 2.962.44 | Cheap |