Electricity price history in Latvia
Since 1 January 2023 · prices in c/kWh (1 c = €0.01) · times in Riga time
Since 2023, the monthly average in Latvia has ranged from 5.21 c (June 2025) to 18.81 c (February 2026) incl. VAT. So far in 2026, it averages 11.72 c incl. VAT. Since 2023, the monthly average in Latvia has ranged from 4.31 c (June 2025) to 15.54 c (February 2026) excl. VAT. So far in 2026, it averages 9.69 c excl. VAT.
Yearly averages
Monthly averages
Average since 2023 · 10.989.07 c/kWh incl. VATexcl. VAT
c/kWh incl. VATexcl. VAT. Each bar is a month's average; its colour compares it with the average of all months shown.
Every month
The last 24 months. All months are on the year pages. Colours compare each month with the area's average of all months shown.
| Month | Average |
|---|---|
| 2026 | |
| January 2026 | 18.615.3 |
| February 2026 | 18.815.5 |
| March 2026 | 9.17.5 |
| April 2026 | 7.05.7 |
| May 2026 | 9.98.2 |
| June 2026 | 11.29.2 |
| July 2026 | 9.17.5 |
| August 2026 | 9.78.0 |
| September 2026 | 13.210.9 |
| October 2026 | 11.49.4 |
| 2025 | |
| January 2025 | 11.19.2 |
| February 2025 | 18.315.2 |
| March 2025 | 11.19.2 |
| April 2025 | 9.47.7 |
| May 2025 | 8.26.8 |
| June 2025 | 5.24.3 |
| July 2025 | 5.64.6 |
| August 2025 | 9.78.0 |
| September 2025 | 10.28.4 |
| October 2025 | 12.710.5 |
| November 2025 | 13.411.1 |
| December 2025 | 10.18.4 |
| 2024 | |
| November 2024 | 10.78.9 |
| December 2024 | 11.09.1 |
About these averages
An average is the mean of all hours of the day, month or year: each hour counts equally (days with daylight saving changes have 23 or 25 hours). These are day-ahead (spot) prices of the power exchange, energy only: grid fees, levies and the supplier's mark-up come on top. NOK, DKK and SEK prices use the ECB rate known at each day's auction.