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Tools Solar Forecast Electricity Prices

Latvia electricity prices

The average household electricity price in Latvia was 0.245 EUR/kWh in second half of 2025, including energy, network charges, taxes and levies. That was 5% above the European median in this dataset.

Average household price€0.245/kWh2,500-4,999 kWh a year
Price rank22nd cheapestof 38 countries
Purchasing power (PPS)29th cheapestPPS adjusts for national price levels, not income

Nearby in the ranking

How Latvia compares

Rank 1 is the cheapest. These three countries have the closest average household price to Latvia.

#20 🇬🇷 Greece€0.238#21 🇵🇹 Portugal€0.243
#22 🇱🇻 Latvia€0.245
#23 🇳🇱 Netherlands€0.256

Daily timing

Prices also change by hour

The country benchmark above changes twice a year. A daily curve answers a different question: when electricity is cheapest within the day.

See Latvia's daily price curve

Household price history

Latvia electricity prices over time

Eurostat publishes this all-in household benchmark every six months. It includes energy, network charges, taxes and levies for homes using 2,500-4,999 kWh a year.

Latest€0.245/kWhsecond half of 2025
Half-year change+0.5%versus first half of 2025
Long-term change+236.4%since second half of 2007
PeriodHousehold priceChangePurchasing power
Periodsecond half of 2025 Household price€0.245/kWh Change+0.5% Purchasing power0.318 PPS/kWh
Periodfirst half of 2025 Household price€0.244/kWh Change+1.3% Purchasing power0.317 PPS/kWh
Periodsecond half of 2024 Household price€0.241/kWh Change-5.4% Purchasing power0.312 PPS/kWh
Periodfirst half of 2024 Household price€0.255/kWh Change-8.2% Purchasing power0.316 PPS/kWh
Periodsecond half of 2023 Household price€0.277/kWh Change-9.2% Purchasing power0.347 PPS/kWh
Periodfirst half of 2023 Household price€0.305/kWh Change+2.1% Purchasing power0.383 PPS/kWh
Periodsecond half of 2022 Household price€0.299/kWh Change+70.1% Purchasing power0.390 PPS/kWh
Periodfirst half of 2022 Household price€0.176/kWh Change-6.7% Purchasing power0.229 PPS/kWh
Periodsecond half of 2021 Household price€0.189/kWh Change+34.4% Purchasing power0.249 PPS/kWh
Periodfirst half of 2021 Household price€0.140/kWh Change-2.0% Purchasing power0.190 PPS/kWh
Show 27 earlier half-year releases
Periodsecond half of 2020 Household price€0.143/kWh Change+0.8% Purchasing power0.194 PPS/kWh
Periodfirst half of 2020 Household price€0.142/kWh Change-13.4% Purchasing power0.192 PPS/kWh
Periodsecond half of 2019 Household price€0.164/kWh Change+0.7% Purchasing power0.222 PPS/kWh
Periodfirst half of 2019 Household price€0.163/kWh Change+7.8% Purchasing power0.220 PPS/kWh
Periodsecond half of 2018 Household price€0.151/kWh Change-1.3% Purchasing power0.209 PPS/kWh
Periodfirst half of 2018 Household price€0.153/kWh Change-3.2% Purchasing power0.211 PPS/kWh
Periodsecond half of 2017 Household price€0.158/kWh Change-0.3% Purchasing power0.224 PPS/kWh
Periodfirst half of 2017 Household price€0.159/kWh Change-2.3% Purchasing power0.225 PPS/kWh
Periodsecond half of 2016 Household price€0.162/kWh Change-0.2% Purchasing power0.245 PPS/kWh
Periodfirst half of 2016 Household price€0.163/kWh Change-1.3% Purchasing power0.245 PPS/kWh
Periodsecond half of 2015 Household price€0.165/kWh Change+0.9% Purchasing power0.245 PPS/kWh
Periodfirst half of 2015 Household price€0.164/kWh Change+25.7% Purchasing power0.238 PPS/kWh
Periodsecond half of 2014 Household price€0.130/kWh Change-4.7% Purchasing power0.190 PPS/kWh
Periodfirst half of 2014 Household price€0.137/kWh Change+0.5% Purchasing power0.199 PPS/kWh
Periodsecond half of 2013 Household price€0.136/kWh Change-1.5% Purchasing power0.196 PPS/kWh
Periodfirst half of 2013 Household price€0.138/kWh Change+0.7% Purchasing power0.199 PPS/kWh
Periodsecond half of 2012 Household price€0.137/kWh Change-0.9% Purchasing power0.199 PPS/kWh
Periodfirst half of 2012 Household price€0.138/kWh Change+3.0% Purchasing power0.201 PPS/kWh
Periodsecond half of 2011 Household price€0.134/kWh Change+14.9% Purchasing power0.201 PPS/kWh
Periodfirst half of 2011 Household price€0.117/kWh Change+11.5% Purchasing power0.175 PPS/kWh
Periodsecond half of 2010 Household price€0.105/kWh Change-0.1% Purchasing power0.160 PPS/kWh
Periodfirst half of 2010 Household price€0.105/kWh Change-0.5% Purchasing power0.160 PPS/kWh
Periodsecond half of 2009 Household price€0.105/kWh Change+0.2% Purchasing power0.154 PPS/kWh
Periodfirst half of 2009 Household price€0.105/kWh Change+4.9% Purchasing power0.154 PPS/kWh
Periodsecond half of 2008 Household price€0.100/kWh Change+19.1% Purchasing power0.140 PPS/kWh
Periodfirst half of 2008 Household price€0.084/kWh Change+15.5% Purchasing power0.116 PPS/kWh
Periodsecond half of 2007 Household price€0.073/kWh ChangeNo change Purchasing power0.109 PPS/kWh

This is a country average for one consumption band, not a tariff quote for a specific home. Download the full history as CSV.

Market history

Monthly wholesale prices for Latvia

This is the monthly average of published wholesale reference prices, not the household price above. It shows how the underlying electricity market changed month by month.

MonthAverageMonth rankDaily spread
August 20263 published days Average€50.1/MWh Month rank#6 Daily spread€158.5/MWh July 202629 published days Average€79.4/MWh Month rank#7 Daily spread€161.3/MWh June 202630 published days Average€93.2/MWh Month rank#12 Daily spread€200.4/MWh May 202630 published days Average€81.8/MWh Month rank#9 Daily spread€140.4/MWh April 202630 published days Average€57.9/MWh Month rank#9 Daily spread€126.5/MWh March 202631 published days Average€75.2/MWh Month rank#9 Daily spread€203.3/MWh February 202628 published days Average€156.2/MWh Month rank#32 Daily spread€199.6/MWh January 202631 published days Average€151.0/MWh Month rank#30 Daily spread€196.4/MWh

Wholesale market prices are not the prices households pay. Use the half-year history above for the all-in household benchmark.

10 kWp solar outlook

Tomorrow's standard solar forecast

A like-for-like estimate for a 10 kWp, south-facing system at 35 degrees with 14% system losses. It is a city-level weather estimate, not a forecast for a specific roof.

Explore all Latvia solar forecasts

Forecast for Wednesday, Aug 5. Weather: Open-Meteo. PV estimate: GridPassport public PV forecast model.

Source and method

Eurostat electricity price statistics nrg_pc_204, second half of 2025, household consumption band 2,500-4,999 kWh a year. The price includes energy, network charges, taxes and levies.

PPS means purchasing power standard. It adjusts for each country's general price level and does not measure household income.

Source: Eurostat, Electricity prices for household consumers (nrg_pc_204), processed by GridPassport.