Electricity price in Latvia on 31 May 2024
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
12.1510.04 c/kWh incl. VATexcl. VAT
38% lower than 30 May (avg 19.5716.17)
- Cheapest hour
- 15:00–16:00 · 7.966.58 c
- Most expensive hour
- 21:00–22:00 · 23.8119.68 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 31 May 2024, the electricity price in Latvia averaged 12.15 c/kWh incl. VAT. The cheapest clock hour was 15:00–16:00, at 7.96 c; the most expensive was 21:00–22:00, at 23.81 c. On 31 May 2024, the electricity price in Latvia averaged 10.04 c/kWh excl. VAT. The cheapest clock hour was 15:00–16:00, at 6.58 c; the most expensive was 21:00–22:00, at 19.68 c.
Cheapest hours on 31 May
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 15:00–16:00 average 7.966.58 c
- 2 hours 15:00–17:00 average 8.066.66 c
- 3 hours 14:00–17:00 average 8.166.74 c
- 4 hours 13:00–17:00 average 8.406.94 c
Most expensive clock hour: 21:00–22:00 (23.8119.68 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 | 12.1410.03 | Normal |
| 01:00–02:00 | 11.869.80 | Normal |
| 02:00–03:00 | 9.838.12 | Normal |
| 03:00–04:00 | 9.828.11 | Normal |
| 04:00–05:00 | 8.927.37 | Cheap |
| 05:00–06:00 | 9.007.44 | Cheap |
| 06:00–07:00 | 11.059.13 | Normal |
| 07:00–08:00 | 13.1910.90 | Normal |
| 08:00–09:00 | 14.8812.29 | Normal |
| 09:00–10:00 | 13.2710.97 | Normal |
| 10:00–11:00 | 12.2410.12 | Normal |
| 11:00–12:00 | 10.939.03 | Normal |
| 12:00–13:00 | 9.988.25 | Normal |
| 13:00–14:00 | 9.137.54 | Normal |
| 14:00–15:00 | 8.366.91 | Cheap |
| 15:00–16:00 | 7.966.58 | Cheap |
| 16:00–17:00 | 8.156.74 | Cheap |
| 17:00–18:00 | 9.688.00 | Normal |
| 18:00–19:00 | 10.568.73 | Normal |
| 19:00–20:00 | 14.5212.00 | Normal |
| 20:00–21:00 | 23.0419.04 | Very expensive |
| 21:00–22:00 | 23.8119.68 | Very expensive |
| 22:00–23:00 | 15.1612.53 | Normal |
| 23:00–24:00 | 14.0311.60 | Normal |