Electricity Tax

 Published: 12.02.2021. 09.05


The procedures for the application and administration of electricity tax (hereinafter referred to as the ‘tax’), its payers, rates, as well as the granting of tax exempts and relief are regulated by the Electricity Tax Law and respective Cabinet Regulations.

Tax declaration shall be completed and submitted (also for the taxation period, during which the estimated tax is EUR 0.00) to the State Revenue Service within 20 days following the end of the respective taxation period and the estimated tax shall be transferred to the single tax account by the 23rd date of the month following the end of the respective taxation period.

The tax has been introduced in Latvia in accordance with the requirements of European Commission directives and has been applied since 1 January 2007. The European Union adopted the directive in 2003, i.e., before Latvia joined the European Union. Prior to joining the European Union, Latvia managed to get the transition period for the application of the directive; thus, Latvia started to implement the directive on 1 January 2007.

 

Electricity tax rate


Rate

 Tax base

Taxation period

Account for payment of taxes

EUR 1.01 per megawatt hour

Electricity supplied to the end user (including electricity generated from renewable energy resources, by hydroelectric power stations and cogeneration power stations)

Electricity supplied for own consumption, as well as used for merchant’s own needs (including for ensuring the electricity production process)

One calendar month

Single tax account
LV33TREL1060000300000