The average price of electricity in Latvia, in December of 2022, has been 0.2992€ per kilowatt hour. Electricity price has increased € 0.1233 kWh, 70.1% since the last semester. Meanwhile, the average price of electricity without taxes in Latvia in that period was € 0.2448 per kilowatt hour, compared to € 0.1779 kWh in the previous semester. The price of electricity excluding taxes increased by 37.61%.
In the last twelve months the price of electricity in Latvia has increased by 74.61%.
From 2007 until now, the highest price of electricity in Latvia has been € 0.2992 kWh, in December of 2022, while in December of 2007, electricity price was € 0.0729 kWh, its minimum price in this period.
Finally, if we compare the price of electricity with taxes and without taxes, we see that, in the last period, households paid € 0.0544 of taxes for each kilowatt hour, which means that 18.18% of what households pay for the electricity are taxes.
You can see the ranking of electricity price in Europe and see all the information about Latvia in economy of Latvia.