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Electricity bills have become less of a pain, but prices can skyrocket again

Over the last month the rapid increase in electricity prices has eased, but now, looking ahead, it is not the time to rejoice, because the cold can once again blow up the monthly bills, and it is not excluded that prices reach the heights experienced in August.

Hot weather and other factors

In recent months, the market has seen a significant easing of prices, largely favored by the atypical and warm autumn, which, together with the energy saving measures adopted by consumers, has reduced the level of electricity prices, explain the industry experts. Comparatively in September across the Baltics it was about 10% less than in September 2021, which is a significant change, explains AS”Latvenergo“specialists.

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