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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.
Latvia, September 2022: The price of electricity is 0.318 U.S. Dollar per kWh for households and 0.340 U.S. Dollar for businesses which includes all components of the electricity bill such as the cost of power, distribution and taxes.
Electricity in Latvia is generated by the following companies which are listed in the Electricity producer register. The largest electricity generator in Latvia is JSC “Latvenergo”. The Regulator reviews submissions and complaints about the provision of public services. More information is available in Latvian.
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.
This article lists all power stations in Latvia. Additional to the three major hydroelectric plants, there are approximately 150-160 operational hydroelectric plants with capacity below 5 MW each. There are 19 operational wind farms in Latvia with capacity above 0.25 MW and 18 wind farms with capacity below 0.25 MW.
The largest electricity generator in Latvia is JSC “Latvenergo”. The Regulator reviews submissions and complaints about the provision of public services. More information is available in Latvian. Energy trader and producer should operate also taking into regard Commercial Law.
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