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Electricity Price in Latvia

H2 2025 · incl. all taxes · Consumption band: 1,000–2,500 kWh/year

Current Price

28.02ct/kWh

9.3% more expensive vs. EU average (25.63 ct/kWh)

EU Average

25.63 ct/kWh

H2 2025

Rank

#20

of 39 countries

Latvia's household electricity price is currently 28.02 ct/kWh (H2 2025), ranking #20 among 39 European countries. This is 9.3% above the EU average of 25.63 ct/kWh.

The cheapest electricity in Europe can be found in Türkiye at 5.59 ct/kWh, while Ireland has the highest price at 50.76 ct/kWh.

Compared to the previous period (H1 2025), the electricity price in Latvia has risen by 0.6 ct/kWh (2.2%). Over the past three years, prices have fluctuated, reflecting the volatile European energy market.

Among its geographic neighbors, Latvia's electricity price of 28.02 ct/kWh is the highest among its neighbors — more expensive than Lithuania (22.63 ct/kWh). The EU-wide average is 25.63 ct/kWh.

Price History

Price History

PeriodPrice
H2 202528.02 ct/kWh
H1 202527.43 ct/kWh
H2 202421.61 ct/kWh
H1 202422.88 ct/kWh
H2 202331.18 ct/kWh
H1 202332.47 ct/kWh
H2 202230.15 ct/kWh
H1 202217.98 ct/kWh
H2 202119.27 ct/kWh
H1 202117.02 ct/kWh
H2 202018.14 ct/kWh
H1 202018.15 ct/kWh
H2 201917.36 ct/kWh
H1 201917.29 ct/kWh
H2 201815.83 ct/kWh
H1 201816.18 ct/kWh
H2 201716.35 ct/kWh
H1 201716.39 ct/kWh
H2 201616.62 ct/kWh
H1 201616.30 ct/kWh
H2 201516.57 ct/kWh
H1 201516.40 ct/kWh
H2 201411.51 ct/kWh
H1 201412.98 ct/kWh
H2 201312.14 ct/kWh
H1 201313.07 ct/kWh
H2 201212.18 ct/kWh
H1 201213.10 ct/kWh
H2 201112.01 ct/kWh
H1 201111.67 ct/kWh
H2 201010.48 ct/kWh
H1 201010.49 ct/kWh
H2 200910.54 ct/kWh
H1 200910.52 ct/kWh
H2 200810.05 ct/kWh
H1 20088.49 ct/kWh
H2 20077.29 ct/kWh

Compare Latvia with

RO

Romania

29.94 ct/kWh

PL

Poland

29.28 ct/kWh

PT

Portugal

27.73 ct/kWh

EL

EL

26.86 ct/kWh

FAQ

Why is the data from H2 2025?
Eurostat publishes household electricity prices semi-annually with approximately 6 months delay. H2 2025 is the most recent officially available period. The next update is expected around Q2 2026.
What is included in the electricity price?
The displayed price includes the energy component, network charges, taxes, levies and surcharges — i.e. the actual end-consumer price. Source: Eurostat (nrg_pc_204), consumption band 2,500–5,000 kWh/year.
Why do electricity prices differ so much across Europe?
The differences arise from varying tax rates, network charges, energy mix (countries with significant nuclear or hydropower tend to be cheaper), and political regulation. Subsidies and price caps in individual countries also play a role.
Natural Gas: Latvia →Fuel: Latvia →

Source: Eurostat (nrg_pc_204)