About Latvian outdoor power commercial electricity prices
In August 2025, the average electricity price in the Latvian bidding area increased to EUR 80,2 per megawatt hour (EUR/MWh), which is 74% more than in July, while compared to August 2024, the price is 25% lower.
At SolarGrid Energy Solutions, we specialize in comprehensive solar microgrid systems including household hybrid power generation, industrial and commercial energy storage solutions, advanced battery storage systems, and intelligent energy management controllers. Our products are designed to meet the growing demands of the global solar energy market.
About Latvian outdoor power commercial electricity prices video introduction
Our solar microgrid solutions encompass a wide range of applications from residential hybrid power systems to large-scale industrial and commercial microgrid projects. We provide cutting-edge solar battery technology that enables efficient power management and reliable energy supply for various scenarios including off-grid living, grid-tied optimization, peak shaving, load shifting, grid stabilization, and emergency backup power.
When you partner with SolarGrid Energy Solutions, you gain access to our extensive catalog of premium solar products including solar microgrid controllers, household hybrid power systems, industrial energy storage solutions, lithium iron phosphate (LiFePO4) batteries, smart hybrid inverters, battery management systems, and complete solar energy solutions from 5kW to 1MWh capacity. Our technical support team is ready to help you design the perfect solar microgrid system for your specific requirements.
5 FAQs about [Latvian outdoor power commercial electricity prices]
How much does electricity cost in Latvia in 2025?
In June 2025, the average electricity price in the Latvian bidding area decreased to EUR 43,06 per megawatt hour (EUR/MWh), which is 37% less than in May, while compared to June 2024, the price is 53% lower.
Are electricity costs lower in Latvia?
388A simple regression analysis shows that costs were lower in Latvia except for distances lower than [distance] kilometres. For more details on the data used to analyse the costs and the regression analysis, see recital (248). 389Eurostat, electricity prices by type of user – EUR per kWh, for industrial consumers.
Who generates electricity in Latvia?
Electricity in Latvia is generated by the following companies which are listed in the Electricity producer register. The largest electricity generator in Latvia is JSC “Latvenergo”. The Regulator reviews submissions and complaints about the provision of public services. More information is available in Latvian.
Why does Latvia import and export electricity?
Latvia's connection to neighboring countries enables it to import and export electricity, depending on demand and supply dynamics. The interconnectivity with neighboring countries not only ensures a stable electricity supply but also encourages competition and price regulation in the market.
How much does Nord Pool LV cost?
Nord Pool LV (hourly | monthly) average stock price in previous month from 2024/12 - 0.08875 €/kWh excl. VAT. Below tariffs are sorted in alphabetic order by company name of trader. Click "Calculate" button to sort by total price. Electricity tariff calculator for households in Latvia, electroenergy tariffs 2025.
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