Latvia raises tariffs - Heating tariff planned to be doubled in Riga

The Public Works Board of Latvia (SPRK) has approved new heating energy tariffs for Latvenergo JSC TEC-1 and TEC-2.

Rīgas siltums JSC (RS) plans to double the heating tariff in Latvia’s capital on 2 October, according to the company’s suggested tariff changes.

As reported by the SPRK, 88% of the tariff cost of thermal energy comes from natural gas.

The biggest change is planned for heating energy production component – by 118%.

A small reduction – by EUR 0.51 – is planned for the end tariff after 15 August 2023.

These tariffs will have a major influence on the heating tariff of RS.

Heating energy rate increases will take effect on October 1st.

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