Europe atlas · household electricity

Electricity prices in Latvia

first half of 2026 2,500–4,999 kWh

In the first half of 2026, households in Latvia paid €0.242/kWh on average, including all taxes and levies. That ranks 13 of 27 EU countries (1 = cheapest).

A year earlier the price was €0.244/kWh – a decrease of 1.0%.

The EU average was €0.283/kWh.

In the first half of 2015 a kilowatt-hour cost €0.164/kWh; the most expensive half-year was the first half of 2023, at €0.305/kWh.

Incl. taxes€0.242/kWhfirst half of 2026

EU rank13 / 27

vs. a year ago−1.0%

EU average€0.283/kWh−14.7%

Trend since 2015

Average price per kWh for households using 2,500–4,999 kWh a year, incl. all taxes, by half-year.

Latvia EU average · /kWh

What the price is made of in Latvia

Annual average per kWh, split into energy and supply, network costs, taxes and levies, and VAT.

Energy & supply

Network costs

Taxes & levies

VAT

2025€0.245

EU average€0.289

2024€0.242^*

EU average€0.290

2023€0.304

EU average€0.292

2022€0.263

EU average€0.261

2021€0.163

EU average€0.236

2020€0.143

EU average€0.215

* Negative values: tax credits exceed the taxes at this consumption level.

All half-years

/kWh

Period	Incl. taxes	Excl. VAT	Excl. taxes	PPS	EU average	EU rank
first half of 2026	€0.242	€0.200	€0.199	0.3046	€0.283	13 / 27
second half of 2025	€0.245	€0.203	€0.202	0.3093	€0.290	12 / 27
first half of 2025	€0.244	€0.202	€0.201	0.3166	€0.288	14 / 27
second half of 2024	€0.241	€0.200	€0.216	0.3124	€0.289	15 / 27
first half of 2024	€0.255	€0.210	€0.226	0.3157	€0.292	18 / 27
second half of 2023	€0.277	€0.229	€0.250	0.3465	€0.285	20 / 27
first half of 2023	€0.305	€0.252	€0.252	0.3825	€0.289	20 / 27
second half of 2022	€0.299	€0.247	€0.245	0.3897	€0.277	19 / 27
first half of 2022	€0.176	€0.145	€0.178	0.2291	€0.249	9 / 27
second half of 2021	€0.189	€0.156	€0.140	0.2486	€0.242	13 / 27
first half of 2021	€0.140	€0.116	€0.102	0.1901	€0.220	8 / 27
second half of 2020	€0.143	€0.118	€0.101	0.1940	€0.215	8 / 27
first half of 2020	€0.142	€0.117	€0.100	0.1924	€0.214	6 / 27
second half of 2019	€0.164	€0.136	€0.114	0.2218	€0.217	11 / 27
first half of 2019	€0.163	€0.135	€0.114	0.2203	€0.217	11 / 27
second half of 2018	€0.151	€0.125	€0.104	0.2087	€0.215	10 / 27
first half of 2018	€0.153	€0.127	€0.104	0.2114	€0.210	9 / 27
second half of 2017	€0.158	€0.131	€0.104	0.2242	€0.209	11 / 27
first half of 2017	€0.159	€0.131	€0.104	0.2248	€0.209	12 / 27
second half of 2016	€0.162	€0.134	€0.107	0.2450	€0.207	14 / 27
first half of 2016	€0.163	€0.135	€0.108	0.2445	€0.205	15 / 27
second half of 2015	€0.165	€0.136	€0.110	0.2445	€0.209	13 / 27
first half of 2015	€0.164	€0.135	€0.108	0.2384	€0.208	13 / 27

All countries compared

Wholesale electricity price in Latvia

Yearly average day-ahead price on the power exchange, before network charges, taxes and supplier costs. €/MWh.

In 2025, electricity on the day-ahead market in Latvia cost an average of €85.89/MWh, 2% less than in 2024 (€87.42/MWh).

The most expensive year since 2015 was 2022, at €226.90/MWh; the cheapest was 2020, at €34.05/MWh.

So far in 2026 the average is €93.76/MWh; over the last twelve months it was €94.33/MWh.

Other countries

Official EU statistics, published twice a year. Sources and licences are listed on the data sources page. Data sources · Methodology