Electricity prices in Latvia

Latvia's electricity comes from hydropower stations on the Daugava river, gas-fired combined heat and power plants in Riga, growing wind capacity and imports from its Baltic and Nordic neighbours through the Nord Pool exchange. Hydro output varies with the season, so imports matter most in winter.

The retail market is liberalised and the state utility Latvenergo, trading as Elektrum, is the largest of several suppliers; the Public Utilities Commission regulates network tariffs. Bills are issued in euro and show the energy price separately from the distribution fee of the grid company Sadales tīkls, with exchange-linked contracts available alongside fixed prices. District heating serves most apartment blocks, while houses rely on gas, wood or heat pumps.