Latvian outdoor power commercial electricity prices

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4 FAQs about Latvian outdoor power commercial electricity prices

How much does electricity cost in Latvia in 2025?

In June 2025, the average electricity price in the Latvian bidding area decreased to EUR 43,06 per megawatt hour (EUR/MWh), which is 37% less than in May, while compared to June 2024, the price is 53% lower.

What is the energy sector like in Latvia?

Latvia's energy sector primarily relies on a mix of resources. The country has a significant emphasis on renewable energy, particularly hydroelectric power, which is the main source of electricity. This reliance is part of a broader strategy to utilize sustainable and environmentally friendly energy sources.

What is a electricity bill in Latvia?

A household or business electricity bill in Latvia consists of three main parts: the energy charge, network (transmission/distribution) fees, and taxes. The energy charge reflects wholesale prices (Nord Pool spot rates) plus any supplier margin; it typically makes up roughly 50–70% of the final bill.

What timezone is electricity in Latvia?

Timezone is Central European Time (CET) with Daylight Saving Time (DST). Current time: Thu, 07 Nov 2024 22:04 Data source is Electricity spot prices in Latvia today, hour by hour. Including prices for the last 30 days.

Electricity prices

Latvia is among Europe''s leaders in dynamic electricity pricing, thanks to its nearly universal smart meter rollout. Consumers can choose hourly pricing contracts tied to Nord Pool market
Latvia

Historically, Latvia - Electricity prices: Medium size households reached a record high of EUR0.31 Kilowatt-hour in December of 2023 and a record low of EUR0.10 Kilowatt-hour in December of 2010.
How much is the price of outdoor power supply in Latvia

How much does electricity cost in Latvia? In January 2025, the average electricity price in the Latvian bidding area increased to EUR 91,82 per megawatt hour (EUR/MWh), which is 1% more than in
Electricity market outlook and prices in the Baltic region 2024-2025

In 2024, electricity prices in the Baltic region fluctuate depending on market factors, including supply, demand, geopolitics and generation conditions. For example, at the beginning of
Nord Pool

Check live electricity prices in Latvia on nordpool.lv. See hourly, day-ahead Nord Pool prices and Baltic energy market data today.
2026 Electricity tariff comparison for households in Latvia

Electricity tariff comparison for households (individuals) in Latvia. Included published on 30 January 2026 tariffs from traders:, Alexela SIA, ELEKTRO HM SIA, Enefit SIA, Latvenergo AS,
The Cost of Electricity in Latvia Has Sharply Increased. Experts

In October, with the start of the heating season and an increase in electricity consumption, as well as a decrease in production at solar power plants, the average electricity price
Electricity spot prices in Latvia today, hour by hour

Understanding the electricity market in Latvia Primary energy sources in Latvia Latvia''s energy sector primarily relies on a mix of resources. The country has a significant emphasis on
Elektroenergijas tirgus apskats | AST

In Latvia and Lithuania, the electricity price decreased by 24% to 83,85, while in Estonia it fell by 23% to 73,58 EUR/MWh; The decrease in electricity prices in the Baltic states in December
Electricity prices

Latvian Electricity Market Generation Sources Latvia''s power system is overwhelmingly renewable. Hydroelectric plants on the Daugava and other rivers are the single largest source. In 2023