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Hot heating tariffs: How much does heat energy cost in Latvian cities and what are the forecasts?

With the arrival of the heating season, every year the question arises whether this year will have to spend more on bills. This season, the news is not encouraging for many, as one after another heating companies from different cities report another rise in prices.

Experts estimate that the rise in prices this season could be particularly painful for the less affluent population, for whom various utility payments account for an average of 15-20% of household expenses.

“Heat energy or heat produced in district systems (not in households) has really become more expensive on average. However, it is important to emphasize the word” average “, because this year the situation will be very different in different places in Latvia depending on the primary energy source – gas or biomass. “recalls”Luminor“economist Pēteris Strautiņš. Taking into account this situation, JSC”Citadel banka “economist Mārtiņš Āboliņš believes that the rise in electricity and heat prices is rapidly becoming a significant macroeconomic risk for the growth of the Latvian economy and its impact will certainly be negative. from household expenses, but significantly more during the winter.

However, according to Strautiņš, there are places in Latvia where heat will even become cheaper, for example, in Salaspils, where solar panels were installed as an additional energy source.

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