Electricity price in Latvia on 2 May 2024
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
3.673.03 c/kWh incl. VATexcl. VAT
0.910.75 c higher than 1 May (avg 2.762.28)
- Cheapest hour
- 14:00–15:00 · −0.33−0.27 c
- Most expensive hour
- 20:00–21:00 · 10.448.63 c
- Hours below zero
- 4 h
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 2 May 2024, the electricity price in Latvia averaged 3.67 c/kWh incl. VAT. The cheapest clock hour was 14:00–15:00, at −0.33 c; the most expensive was 20:00–21:00, at 10.44 c. On 2 May 2024, the electricity price in Latvia averaged 3.03 c/kWh excl. VAT. The cheapest clock hour was 14:00–15:00, at −0.27 c; the most expensive was 20:00–21:00, at 8.63 c.
Cheapest hours on 2 May
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 14:00–15:00 average −0.33−0.27 c
- 2 hours 13:00–15:00 average −0.23−0.19 c
- 3 hours 12:00–15:00 average −0.15−0.13 c
- 4 hours 12:00–16:00 average −0.12−0.10 c
Most expensive clock hour: 20:00–21:00 (10.448.63 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 | 2.662.20 | Cheap |
| 01:00–02:00 | 1.681.39 | Cheap |
| 02:00–03:00 | 1.321.09 | Cheap |
| 03:00–04:00 | 1.211.00 | Cheap |
| 04:00–05:00 | 0.940.78 | Cheap |
| 05:00–06:00 | 1.321.09 | Cheap |
| 06:00–07:00 | 3.683.04 | Normal |
| 07:00–08:00 | 6.935.73 | Very expensive |
| 08:00–09:00 | 8.236.80 | Very expensive |
| 09:00–10:00 | 7.095.86 | Very expensive |
| 10:00–11:00 | 3.813.15 | Normal |
| 11:00–12:00 | 0.630.52 | Cheap |
| 12:00–13:00 | −0.01−0.01 | Negative |
| 13:00–14:00 | −0.13−0.10 | Negative |
| 14:00–15:00 | −0.33−0.27 | Negative |
| 15:00–16:00 | −0.01−0.01 | Negative |
| 16:00–17:00 | 0.000.00 | Cheap |
| 17:00–18:00 | 0.490.41 | Cheap |
| 18:00–19:00 | 4.233.49 | Normal |
| 19:00–20:00 | 9.087.50 | Very expensive |
| 20:00–21:00 | 10.448.63 | Very expensive |
| 21:00–22:00 | 10.358.55 | Very expensive |
| 22:00–23:00 | 9.818.10 | Very expensive |
| 23:00–24:00 | 4.583.79 | Normal |