Electricity price in Latvia on 31 May 2025
· prices in c/kWh (1 c = €0.01) · times in Riga time
Average for the day
4.313.56 c/kWh incl. VATexcl. VAT
1.401.16 c higher than 30 May (avg 2.912.40)
- Cheapest hour
- 14:00–15:00 · −1.47−1.22 c
- Most expensive hour
- 22:00–23:00 · 22.7718.82 c
- Hours below zero
- 7 h
Until 1 October 2025 the day-ahead market traded whole hours, so this day has hourly prices only.
On 31 May 2025, the electricity price in Latvia averaged 4.31 c/kWh incl. VAT. The cheapest clock hour was 14:00–15:00, at −1.47 c; the most expensive was 22:00–23:00, at 22.77 c. On 31 May 2025, the electricity price in Latvia averaged 3.56 c/kWh excl. VAT. The cheapest clock hour was 14:00–15:00, at −1.22 c; the most expensive was 22:00–23:00, at 18.82 c.
Cheapest hours on 31 May
Cheapest continuous period of the day. Average price incl. VATexcl. VAT, c/kWh.
- 1 hour 14:00–15:00 average −1.47−1.22 c
- 2 hours 14:00–16:00 average −1.10−0.91 c
- 3 hours 13:00–16:00 average −0.84−0.70 c
- 4 hours 13:00–17:00 average −0.68−0.56 c
Most expensive clock hour: 22:00–23:00 (22.7718.82 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 | 1.160.96 | Cheap |
| 01:00–02:00 | 1.681.39 | Cheap |
| 02:00–03:00 | 1.120.93 | Cheap |
| 03:00–04:00 | 1.120.93 | Cheap |
| 04:00–05:00 | 1.221.01 | Cheap |
| 05:00–06:00 | 1.541.27 | Cheap |
| 06:00–07:00 | 1.821.50 | Cheap |
| 07:00–08:00 | 6.635.48 | Expensive |
| 08:00–09:00 | 6.265.17 | Expensive |
| 09:00–10:00 | 2.432.01 | Cheap |
| 10:00–11:00 | 0.300.24 | Cheap |
| 11:00–12:00 | 0.000.00 | Negative |
| 12:00–13:00 | −0.07−0.06 | Negative |
| 13:00–14:00 | −0.34−0.29 | Negative |
| 14:00–15:00 | −1.47−1.22 | Negative |
| 15:00–16:00 | −0.72−0.59 | Negative |
| 16:00–17:00 | −0.19−0.16 | Negative |
| 17:00–18:00 | −0.01−0.01 | Negative |
| 18:00–19:00 | 4.573.78 | Normal |
| 19:00–20:00 | 4.013.31 | Normal |
| 20:00–21:00 | 13.3111.00 | Very expensive |
| 21:00–22:00 | 20.4916.93 | Very expensive |
| 22:00–23:00 | 22.7718.82 | Very expensive |
| 23:00–24:00 | 15.8113.06 | Very expensive |