Latvia electricity prices over the years
How the wholesale electricity price in Latvia has moved since 2021: monthly and yearly averages, record days and hours, negative-price hours and the cheapest time of day.
Average wholesale market price in Latvia per year: 2021: €0.123 · 2022: €0.227 · 2023: €0.094 · 2024: €0.088 · 2025: €0.086 · 2026: €0.098. The cheapest hour on record was 16 July 2023 14:00 at −€0.057 per kWh.
| Month | Average | Hours below zero |
|---|---|---|
| October 2026 | 0.116 | 6 |
| September 2026 | 0.107 | 0 |
| August 2026 | 0.080 | 0 |
| July 2026 | 0.075 | 0 |
| June 2026 | 0.093 | 6 |
| May 2026 | 0.082 | 25 |
| April 2026 | 0.058 | 21 |
| March 2026 | 0.075 | 6 |
| February 2026 | 0.155 | 0 |
| January 2026 | 0.153 | 0 |
| December 2025 | 0.084 | 2 |
| November 2025 | 0.111 | 3 |
| October 2025 | 0.106 | 2 |
| September 2025 | 0.084 | 5 |
| August 2025 | 0.080 | 19 |
| July 2025 | 0.046 | 3 |
| June 2025 | 0.043 | 63 |
| May 2025 | 0.068 | 22 |
| April 2025 | 0.078 | 31 |
| March 2025 | 0.092 | 9 |
| February 2025 | 0.152 | 0 |
| January 2025 | 0.092 | 0 |
| December 2024 | 0.091 | 0 |
| November 2024 | 0.090 | 14 |
| October 2024 | 0.093 | 25 |
| September 2024 | 0.085 | 10 |
| August 2024 | 0.107 | 27 |
| July 2024 | 0.099 | 18 |
| June 2024 | 0.093 | 15 |
| May 2024 | 0.076 | 36 |
| April 2024 | 0.061 | 24 |
| March 2024 | 0.068 | 0 |
| February 2024 | 0.075 | 0 |
| January 2024 | 0.117 | 1 |
| December 2023 | 0.089 | 2 |
| November 2023 | 0.105 | 0 |
| October 2023 | 0.087 | 39 |
| September 2023 | 0.117 | 5 |
| August 2023 | 0.102 | 13 |
| July 2023 | 0.084 | 20 |
| June 2023 | 0.099 | 6 |
| May 2023 | 0.078 | 12 |
| April 2023 | 0.066 | 2 |
| March 2023 | 0.088 | 0 |
| February 2023 | 0.114 | 0 |
| January 2023 | 0.100 | 0 |
| December 2022 | 0.265 | 2 |
| November 2022 | 0.226 | 0 |
| October 2022 | 0.190 | 0 |
| September 2022 | 0.351 | 0 |
| August 2022 | 0.468 | 0 |
| July 2022 | 0.307 | 0 |
| June 2022 | 0.219 | 0 |
| May 2022 | 0.164 | 0 |
| April 2022 | 0.110 | 0 |
| March 2022 | 0.168 | 0 |
| February 2022 | 0.105 | 0 |
| January 2022 | 0.143 | 0 |
| December 2021 | 0.208 | 0 |
| November 2021 | 0.125 | 0 |
| October 2021 | 0.106 | 0 |
| September 2021 | 0.124 | 0 |
| August 2021 | 0.087 | 0 |
| July 2021 | 0.088 | 0 |
Today's prices · November 2024 · December 2024 · January 2025 · February 2025 · March 2025 · April 2025 · May 2025 · June 2025 · July 2025 · August 2025 · September 2025 · October 2025 · November 2025 · December 2025 · January 2026 · February 2026 · March 2026 · April 2026 · May 2026 · June 2026 · July 2026 · August 2026 · September 2026 · October 2026