The average price of electricity in Latvia, in December of 2023, has been 0.2774€ per kilowatt hour. Electricity price has decreased € 0.028 kWh, 9.17% since the previous semester. Meanwhile, the average price of electricity without taxes in Latvia in that period was € 0.2497 per kilowatt hour, €0.95% less than in the previous period, in which the price of electricity without taxes was €0.2521kWh.
In the last twelve months the price of electricity in Latvia has increased by 2%.
In Latvia, the price of electricity reached its maximum price, € 0.3054kWh, in June of 2023. Its minimum price was €0.0729 kWh, corresponding to December of 2007.
When looking at the difference between the price of electricity with and without taxes, we see that households in Latvia paid € 0.0277 in taxes for each kilowatt hour, which means that 9.99% of what consumers pay for electricity is in concept taxes.
You can see the ranking of electricity price in Europe and see all the information about Latvia in economy of Latvia.