Electricity Price In Latvia – Instant & Full

These represent the largest share of the bill, including fuel costs and EU Emissions Trading System (ETS) allowances.

Latvia is aggressively pursuing energy independence to stabilize long-term costs: Electricity Market Overview – March 2026 - Ignitis electricity price in latvia

Latvia’s average spot market price for 2026 is approximately €107.31/MWh , ranking similarly to neighboring Lithuania and the Czech Republic. Factors Influencing Your Electricity Bill These represent the largest share of the bill,

Electricity prices in Latvia have seen significant shifts in 2026, characterized by high volatility between extreme winter peaks and seasonal spring lows. As of early 2026, residential prices are approximately , while business rates average around €0.101 per kWh . Current Market Dynamics (2026) As of early 2026, residential prices are approximately

Understanding Electricity Prices in Latvia : Trends and Outlook (May 2026)

By March 2026, the average market price dropped to €74.95/MWh , a 52% decrease from February. This was primarily due to high output from the Daugava hydroelectric power plants , which covered 78% of the country's total consumption during spring floods.

Several key components determine the final price paid by consumers in Latvia: