Latvenergo Standard Latvenergo
€0 spot+margin
- Unit Rate: Nord Pool spot
- Standing Charge: ~7 EUR/month
- Tariff Type: Variable
- Key Feature: Dominant LV state utility; largest market share
Compare Energy Tariffs in Latvia
Compare the top energy tariffs providers in Latvia — see cover, features and typical rates side by side.
Live offers
4 live offers compared from 2 providers, from €0 spot+margin. Updated daily.
Enefit Exchange Enefit Latvija
€0 spot+margin
- Unit Rate: Nord Pool spot
- Standing Charge: ~6.80 EUR/month
- Tariff Type: Variable (exchange)
- Key Feature: Low-margin exchange tariff for flexible users
Enefit Fix Enefit Latvija
€15 c/kWh
- Unit Rate: ~15.0 c/kWh (fixed)
- Standing Charge: ~6.80 EUR/month
- Tariff Type: Fixed
- Key Feature: Eesti Energia group; competitive fixed rate
Latvenergo Fixed 12 Latvenergo
€15.20 c/kWh
- Unit Rate: ~15.2 c/kWh (fixed)
- Standing Charge: ~7 EUR/month
- Tariff Type: Fixed
- Key Feature: Price certainty; 12-month lock-in
What are energy tariffs in Latvia?
Energy tariffs in Latvia are the pricing plans you choose from for electricity supply to your home. Since the household electricity market was fully liberalised, consumers can pick a supplier and a plan rather than defaulting to a single utility. The two main tariff types are fixed-price plans, where the per-kilowatt-hour rate is locked for a set period, and spot (exchange-linked) plans, where the price follows the Nord Pool market hour by hour. Charges are billed in euro cents per kWh plus network and mandatory components.
How the Latvian market works
Electricity supply and the regulated network are separate. Sadales tīkls operates the distribution grid across most of Latvia, and its network fee appears on every bill regardless of supplier. On top of the network cost you pay your chosen supplier's energy rate. The Public Utilities Commission (SPRK) regulates network tariffs and oversees the market, while suppliers compete on the energy component. Households can switch supplier online, and the change usually takes effect from the start of the next month.
Benefits
Choice of supplier — Liberalisation lets you compare and switch to the plan that suits your usage.
Price certainty with fixed plans — A fixed tariff shields you from short-term market spikes for the contract term.
Savings potential with spot plans — Exchange-linked tariffs can be cheaper if you shift usage to low-price hours.
Green options — Several suppliers offer electricity backed by renewable guarantees of origin.
How to choose
Start by checking your annual consumption in kWh from past bills. If you value predictability, a fixed tariff is easier to budget; if you can move heavy use such as laundry or EV charging to off-peak hours, a spot plan may cost less. Compare the energy rate plus any monthly service fee, and remember the Sadales tīkls network charge and mandatory components apply on top. Watch contract length and any exit terms on fixed plans.
Leading providers in Latvia
Latvenergo — The state-owned incumbent and largest supplier, trading household plans under the Elektrum brand.
Enefit Latvija — The Latvian arm of the Estonian Eesti Energia group, offering competitive fixed and spot tariffs.
What it costs
The energy component of Latvian tariffs typically ranges from near the low single digits up to around 15 euro cents per kWh depending on the plan type and market conditions, on top of which the regulated Sadales tīkls network fee and mandatory procurement components are added. Spot prices vary by the hour, so a spot bill depends on when you use power. Always compare the all-in cost, not just the headline energy rate.
Protections and regulation
The Public Utilities Commission (SPRK) regulates the electricity market and network tariffs in Latvia and handles consumer disputes with suppliers and the grid operator. Suppliers must publish tariffs transparently and give notice of changes. Vulnerable and low-income households may qualify for protected-user support. Switching supplier is free and cannot be blocked by the existing provider.
Common questions
Can I switch supplier for free? Yes, switching is free and typically takes effect from the next billing month.
What is the network charge? The Sadales tīkls distribution fee, regulated by SPRK, appears on every bill regardless of which supplier you choose.
Fixed or spot? Fixed gives budget certainty; spot can be cheaper if you use power flexibly during low-price hours.
The cheapest Energy Tariffs in Latvia is €0 spot+margin from Latvenergo.
Energy Tariffs in Latvia — FAQ
What is the cheapest energy tariff in Latvia?
Giraffy tracks 4 energy tariffs across Latvenergo,Enefit Latvija suppliers in Latvia. The lowest tracked tariff is €0 spot+margin. Your actual bill depends on usage, property size, and tariff type — compare based on estimated annual cost for a typical household.
Should I fix my energy tariff or stay on a variable rate?
A fixed tariff locks your unit rate and standing charge for a set period (typically 12–24 months), protecting you from price rises. A variable tariff can go up or down with wholesale energy prices. Fixing is worth it when wholesale prices are expected to rise; staying variable is better when they're likely to fall.
What are unit rates and standing charges?
The unit rate is what you pay per kWh of electricity or gas you actually use. The standing charge is a daily fee you pay regardless of usage — it covers the cost of maintaining your connection. Both figures appear on your bill and should be compared when switching suppliers.
What is a smart meter and do I need one to switch?
A smart meter automatically sends your usage readings to your supplier, ending estimated bills. You don't need one to switch suppliers — your new supplier can read your old meter or you can submit manual readings. Smart meters are being rolled out across most markets; installation is free from your current supplier.
How easy is it to switch energy suppliers?
Switching is typically straightforward — you sign up with a new supplier and they handle the switch, including notifying your old supplier. In most markets, the switch takes 5–21 working days and requires no service interruption. Your direct debits, meter readings, and any exit fees need to be settled first.
What exit fees apply if I leave my current energy tariff early?
Fixed-term tariffs often charge an exit fee (typically £30–£150 per fuel) if you leave before the end date. Variable tariffs usually have no exit fees. Check your current contract before switching — if you have several months remaining and the exit fee is high, it may be cheaper to wait.