The average price of electricity in Latvia, in December of 2019, has been 0.164€ per kilowatt hour. Electricity price has increased € 0.0011 kWh, 0.68% since the previous semester. Meanwhile, the average price of electricity without taxes in Latvia in that period was € 0.1144 per kilowatt hour, compared to € 0.1136 kWh in the previous semester. The price of electricity excluding taxes increased by 0.7%.
In the last twelve months the price of electricity in Latvia has increased by 9.89%.
In Latvia, the price of electricity reached its maximum price, € 0.165kWh, in December of 2015. 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 € 0.0496 in taxes for each kilowatt hour, which means that 30.24% 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.