Electricity price in Latvia on 1 July 2024
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
16.3013.47 c/kWh incl. VATexcl. VAT
about 3 times higher than 30 June (avg 5.334.41)
- Cheapest hour
- 00:00–01:00 · 3.743.09 c
- Most expensive hour
- 21:00–22:00 · 40.8033.72 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 1 July 2024, the electricity price in Latvia averaged 16.30 c/kWh incl. VAT. The cheapest clock hour was 00:00–01:00, at 3.74 c; the most expensive was 21:00–22:00, at 40.80 c. On 1 July 2024, the electricity price in Latvia averaged 13.47 c/kWh excl. VAT. The cheapest clock hour was 00:00–01:00, at 3.09 c; the most expensive was 21:00–22:00, at 33.72 c.
Cheapest hours on 1 July
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 00:00–01:00 average 3.743.09 c
- 2 hours 14:00–16:00 average 4.553.76 c
- 3 hours 13:00–16:00 average 5.704.71 c
- 4 hours 12:00–16:00 average 7.095.86 c
Most expensive clock hour: 21:00–22:00 (40.8033.72 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 | 3.743.09 | Cheap |
| 01:00–02:00 | 11.689.65 | Cheap |
| 02:00–03:00 | 10.468.65 | Cheap |
| 03:00–04:00 | 9.848.14 | Cheap |
| 04:00–05:00 | 9.998.25 | Cheap |
| 05:00–06:00 | 9.848.13 | Cheap |
| 06:00–07:00 | 10.728.86 | Cheap |
| 07:00–08:00 | 17.3414.33 | Normal |
| 08:00–09:00 | 17.5214.48 | Normal |
| 09:00–10:00 | 17.4914.46 | Normal |
| 10:00–11:00 | 14.1811.72 | Normal |
| 11:00–12:00 | 13.1310.85 | Normal |
| 12:00–13:00 | 11.259.30 | Cheap |
| 13:00–14:00 | 8.006.61 | Cheap |
| 14:00–15:00 | 5.174.27 | Cheap |
| 15:00–16:00 | 3.923.24 | Cheap |
| 16:00–17:00 | 15.0212.41 | Normal |
| 17:00–18:00 | 21.4217.70 | Expensive |
| 18:00–19:00 | 22.9919.00 | Expensive |
| 19:00–20:00 | 24.2120.01 | Expensive |
| 20:00–21:00 | 37.8631.29 | Very expensive |
| 21:00–22:00 | 40.8033.72 | Very expensive |
| 22:00–23:00 | 31.5426.07 | Very expensive |
| 23:00–24:00 | 23.1319.12 | Expensive |