⚡️ Electricity prices 🇱🇻 Riga LV ⚡️
Electricity price in Riga is € 0.1454 /kWh right now.
Households in Riga see wholesale prices set by Nord Pool / EPEX for the LV bidding zone. The 30-day rolling average sits at € 0.0885 /kWh — your retail bill adds taxes and grid fees on top.
Today's average
€ 0.0412 /kWh
▼ 35% vs yesterday
Right now (21:00)
€ 0.1454 /kWh
Cheapest hour (10:00)
€ 0.0001 /kWh
Most expensive (22:00)
€ 0.1503 /kWh
Tomorrow's day-ahead prices — cheapest hour at 15:00 EEST (€ 0.0166 /kWh), most expensive at 21:00 EEST (€ 0.1671 /kWh).
Price comparison — Riga
| Period | Average | vs today |
|---|---|---|
| Today | € 0.0412 /kWh | — |
| Yesterday | € 0.0630 /kWh | ▲ 53% |
| Last 7 days | € 0.1019 /kWh | ▲ 148% |
| Last 30 days | € 0.0885 /kWh | ▲ 115% |
| Current month | € 0.0848 /kWh | ▲ 106% |
| Previous month | € 0.0923 /kWh | ▲ 124% |
| Same month last year | € 0.0461 /kWh | ▲ 12% |
Monthly cost estimate for an average household using 5 000 kWh/year (~417 kWh/month) at this rate: € 17.15 / month (€ 205.77 / year wholesale, before taxes and grid fees).
Today's hourly prices — Riga
| Hour (EEST) | €/MWh | €/kWh |
|---|---|---|
| 03:00 | € 22.34 | € 0.0223 |
| 04:00 | € 16.20 | € 0.0162 |
| 05:00 | € 10.00 | € 0.0100 |
| 06:00 | € 6.32 | € 0.0063 |
| 07:00 | € 5.00 | € 0.0050 |
| 08:00 | € 3.05 | € 0.0030 |
| 09:00 | € 0.58 | € 0.0006 |
| 10:00 ← cheapest | € 0.06 | € 0.0001 |
| 11:00 | € 0.20 | € 0.0002 |
| 12:00 | € 0.25 | € 0.0002 |
| 13:00 | € 0.64 | € 0.0006 |
| 14:00 | € 0.21 | € 0.0002 |
| 15:00 | € 0.57 | € 0.0006 |
| 16:00 | € 1.98 | € 0.0020 |
| 17:00 | € 3.75 | € 0.0038 |
| 18:00 | € 9.20 | € 0.0092 |
| 19:00 | € 68.19 | € 0.0682 |
| 20:00 | € 124.78 | € 0.1248 |
| 21:00 | € 145.39 | € 0.1454 |
| 22:00 ← peak | € 150.26 | € 0.1503 |
| 23:00 | € 150.24 | € 0.1502 |
| 00:00 | € 138.28 | € 0.1383 |
| 01:00 | € 140.00 | € 0.1400 |
| 02:00 | € 130.70 | € 0.1307 |
Tomorrow's day-ahead prices — Riga
Tomorrow's prices have just been published — plan ahead.
| Hour (EEST) | €/MWh | €/kWh |
|---|---|---|
| 03:00 | € 110.12 | € 0.1101 |
| 04:00 | € 88.16 | € 0.0882 |
| 05:00 | € 44.41 | € 0.0444 |
| 06:00 | € 56.32 | € 0.0563 |
| 07:00 | € 120.00 | € 0.1200 |
| 08:00 | € 148.04 | € 0.1480 |
| 09:00 | € 121.86 | € 0.1219 |
| 10:00 | € 90.85 | € 0.0909 |
| 11:00 | € 38.62 | € 0.0386 |
| 12:00 | € 20.75 | € 0.0208 |
| 13:00 | € 18.56 | € 0.0186 |
| 14:00 | € 16.59 | € 0.0166 |
| 15:00 ← cheapest | € 16.58 | € 0.0166 |
| 16:00 | € 17.29 | € 0.0173 |
| 17:00 | € 18.59 | € 0.0186 |
| 18:00 | € 34.81 | € 0.0348 |
| 19:00 | € 112.25 | € 0.1123 |
| 20:00 | € 156.71 | € 0.1567 |
| 21:00 ← peak | € 167.05 | € 0.1671 |
| 22:00 | € 165.19 | € 0.1652 |
| 23:00 | € 163.81 | € 0.1638 |
| 00:00 | € 152.89 | € 0.1529 |
What things cost today — Riga
Range = cost at today's cheapest hour vs most expensive. Average = today's mean. cheapest-hour scheduling targets the cheap end.
| Activity | kWh | Cheapest hour | Average | Peak hour |
|---|---|---|---|---|
| 🚿 Take a 10-min shower | 6 | € 0.00 | € 0.25 | € 0.90 |
| 🛁 Take a bath | 7.5 | € 0.00 | € 0.31 | € 1.13 |
| 💧 Boil 1 L of water | 0.12 | € 0.00 | € 0.00 | € 0.02 |
| 🔌 Charge an EV (full) | 45 | € 0.00 | € 1.85 | € 6.76 |
| 📱 Charge a phone | 0.02 | € 0.00 | € 0.00 | € 0.00 |
| 👕 Run washing machine | 0.8 | € 0.00 | € 0.03 | € 0.12 |
| 🍽️ Run dishwasher | 1.4 | € 0.00 | € 0.06 | € 0.21 |
| 🧹 Vacuum 10 min | 0.33 | € 0.00 | € 0.01 | € 0.05 |
| 💨 Hairdryer 10 min | 0.33 | € 0.00 | € 0.01 | € 0.05 |
| 📺 Watch 1 h of TV | 0.6 | € 0.00 | € 0.02 | € 0.09 |
Last 31 days — Riga
12-month price history — Riga
| Month | Average | €/MWh |
|---|---|---|
| 2026-07 | € 0.0850 /kWh | € 85.05 |
| 2026-06 | € 0.0923 /kWh | € 92.32 |
| 2026-05 | € 0.0823 /kWh | € 82.26 |
| 2026-04 | € 0.0574 /kWh | € 57.35 |
| 2026-03 | € 0.0751 /kWh | € 75.11 |
| 2026-02 | € 0.1554 /kWh | € 155.39 |
| 2026-01 | € 0.1530 /kWh | € 153.00 |
| 2025-12 | € 0.0848 /kWh | € 84.80 |
| 2025-11 | € 0.1103 /kWh | € 110.31 |
| 2025-10 | € 0.1065 /kWh | € 106.53 |
| 2025-09 | € 0.0844 /kWh | € 84.40 |
| 2025-08 | € 0.0802 /kWh | € 80.24 |
Why your bill is higher than the spot price
The prices on this page are wholesale day-ahead — what suppliers pay on the Nord Pool / EPEX market. Your final retail bill adds:
| Component | Type | Approx (EU avg) |
|---|---|---|
| Wholesale spot price | Variable (this page) | — |
| Electricity tax / excise | Fixed | € 0.005 – 0.20 /kWh |
| Grid / network fee | Fixed + variable | € 0.05 – 0.15 /kWh |
| VAT / sales tax | % multiplier | 20 – 25 % |
| Supplier markup + monthly fee | Provider-specific | € 0.005 – 0.05 /kWh |
Rule of thumb: add 30–60% on top of the wholesale spot price to estimate your true per-kWh cost. The exact split depends on your country, your grid operator, and your contract type.
Smart electricity tips for Riga
- Cheapest hour today: 10:00 EEST at € 0.0001 /kWh — schedule heavy appliances to run within this window.
- Avoid peak: 22:00 EEST hits € 0.1503 /kWh in Riga — postpone the dishwasher or EV charging if you can.
- Dishwasher cost in Riga: running it at the cheapest hour costs about € 0.00; at peak it's € 0.21 — over a year that's significant savings.
- EV charging in Riga: a 50 kWh charge during the cheapest hour costs around € 0.01.
- Typical monthly bill in Riga: a household using 5 000 kWh/year pays about € 17 this month at current wholesale prices (€ 0.0885 /kWh 30-day average).
FAQ — Riga
How is the electricity price determined?
Day-ahead prices are set each morning around 14:00 EEST by Nord Pool / EPEX, where suppliers and producers across Europe submit bids for each hour of the next day. The cheapest mix that meets demand wins, and that price applies to everyone in the bidding zone for that hour.
When is electricity cheapest?
Today the cheapest hour in Riga is 10:00 EEST at € 0.0001 /kWh. Typically late at night (00:00–04:00) and around midday on sunny/windy days when renewables overproduce.
Can electricity prices go negative?
Yes. When wind + solar overproduce on a low-demand day, wholesale prices can drop below zero. This happens 50–100 hours per year in renewables-heavy zones.
Why is my electricity bill higher than the spot price?
The spot price is just one component. Your retail bill also includes electricity tax, grid/network fees, VAT and a supplier markup. Add roughly 30–60 % on top of the wholesale spot price to estimate your true per-kWh cost.
How accurate is this data?
Source: ENTSO-E Transparency Platform — the official EU regulators data feed. Updated every 10–20 minutes.
Can I save money by shifting consumption?
Yes — significantly. Today in Riga the most expensive hour is 2404.2× the cheapest. Running your dishwasher, washing machine and EV charging during the cheap window saves real money every cycle.
Are tomorrow's prices already known?
Day-ahead prices are auctioned around 14:00 EEST each day. Until then, only todays hourly prices are final. Once tomorrows auction closes, the full 24-hour breakdown appears on this page automatically.
Source: ENTSO-E Transparency Platform. Last updated: 2026-07-19 (EEST).