The average price of electricity in Latvia, in June of 2023, has been 0.3054€ per kilowatt hour. Electricity price has increased € 0.0062 kWh, 2.07% since the previous semester. Meanwhile, the average price of electricity without taxes in Latvia in that period was € 0.2521 per kilowatt hour, compared to € 0.2448 kWh in the previous semester. The price of electricity excluding taxes increased by 2.98%.
In the last twelve months the price of electricity in Latvia has increased by 41.71%.
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 € 0.0533 in taxes for each kilowatt hour, which means that 17.45% 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.