Electricity price in Latvia on 1 January 2025
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
6.895.70 c/kWh incl. VATexcl. VAT
19% higher than 31 December (avg 5.804.80)
- Cheapest hour
- 05:00–06:00 · 0.420.34 c
- Most expensive hour
- 22:00–23:00 · 12.8510.62 c
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 1 January 2025, the electricity price in Latvia averaged 6.89 c/kWh incl. VAT. The cheapest clock hour was 05:00–06:00, at 0.42 c; the most expensive was 22:00–23:00, at 12.85 c. On 1 January 2025, the electricity price in Latvia averaged 5.70 c/kWh excl. VAT. The cheapest clock hour was 05:00–06:00, at 0.34 c; the most expensive was 22:00–23:00, at 10.62 c.
Cheapest hours on 1 January
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 05:00–06:00 average 0.420.34 c
- 2 hours 04:00–06:00 average 0.420.34 c
- 3 hours 03:00–06:00 average 0.430.36 c
- 4 hours 03:00–07:00 average 0.440.36 c
Most expensive clock hour: 22:00–23:00 (12.8510.62 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 | 0.490.40 | Cheap |
| 01:00–02:00 | 0.590.49 | Cheap |
| 02:00–03:00 | 0.480.40 | Cheap |
| 03:00–04:00 | 0.460.38 | Cheap |
| 04:00–05:00 | 0.420.35 | Cheap |
| 05:00–06:00 | 0.420.34 | Cheap |
| 06:00–07:00 | 0.470.39 | Cheap |
| 07:00–08:00 | 2.532.09 | Cheap |
| 08:00–09:00 | 4.423.65 | Cheap |
| 09:00–10:00 | 5.064.18 | Cheap |
| 10:00–11:00 | 6.295.20 | Normal |
| 11:00–12:00 | 9.087.50 | Expensive |
| 12:00–13:00 | 9.688.00 | Expensive |
| 13:00–14:00 | 9.327.70 | Expensive |
| 14:00–15:00 | 9.688.00 | Expensive |
| 15:00–16:00 | 10.318.52 | Expensive |
| 16:00–17:00 | 11.289.32 | Very expensive |
| 17:00–18:00 | 12.3110.17 | Very expensive |
| 18:00–19:00 | 12.099.99 | Very expensive |
| 19:00–20:00 | 12.3110.17 | Very expensive |
| 20:00–21:00 | 11.189.24 | Very expensive |
| 21:00–22:00 | 10.899.00 | Expensive |
| 22:00–23:00 | 12.8510.62 | Very expensive |
| 23:00–24:00 | 12.8510.62 | Very expensive |