Gas bills will rise substantially from July 1 in Latvia

Natural gas tariffs for households will rise starting July 1, 2021, depending on the amount of consumption, by anywhere between 25% and 43.1%.

For households consuming up to 250 cubic meters of natural gas per year, the differentiated final trade rate with value added tax and excise duty will increase by 4.3% in the first half of 2021, from €0.49949 per cubic meter to €0.71472 per cubic meter, while for households consuming between 250 and 500 cubic meters of natural gas the final tariff will rise by 25%, from €0.46328 per cubic meter to €0.57912 per cubic meter.

For households consuming between 500 and 25,000 cubic meters of natural gas a year, the final tariff will increase by 38.5% – from €0.30084 per cubic meter to €0.41668 per cubic meter.

The fixed part of the payment for natural gas will also increase depending on permitted load, by anywhere between 11.9% and 52.8%.

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