Gas products

Fixed price

For companies that want to plan and forecast their long-term costs

Market price

Potential savings for flexible customers – consume more when the power exchange price is lower and cut consumption when the price goes up.

What is a Fixed Price?

The price remains the same for the duration of the agreement. The final price depends on the company’s consumption structure and agreement duration

Advantages of a fixed price

Easy to plan long-term company costs
The price remains the same for the duration of the agreement period

GASPOOL AND FIXED PRICE GRAPHS

The graph shows 2018 Gaspool prices and Enefit Fixed Price.

GASPOOL PRICE GRAPH

The graph shows 2018 Gaspool prices.

What is a Market Price?

A variable price that makes it possible to reduce costs by adapting consumption to exchange prices.

Advantages of a market price

No penalty for early termination of the agreement
No natural gas consumption limit
Especially suitable for sites with seasonal consumption, i.e. where consumption is notable higher during the warm season

What is Supply of Last Resort (SLR)?

Pursuant to Cabinet Regulation No. 78 „Regulations Regarding the Trade and Use of Natural Gas”, the Supply of Last Resort is ensured in the following cases:

if the user of natural gas has not entered into a natural gas trade contract with any trader;
if the current trader of the user of natural gas has terminated trade in natural gas
as well as in other cases stipulated under Cabinet Regulations No. 78 “Regulations Regarding the Trade and Use of Natural Gas”.

As of 1 May 2020, the service provider of the Supply of Last Resort for the users of natural gas in Latvia, except households, is SIA “Enefit”.

Settlement procedures »

Natural gas price for the Supply of Last Resort

P_PGP = Gaspool_fm + X, EUR/MWh, where

P_PGP – SLR service price EUR/MWh

Gaspool_fm – mean arithmetic day settlement price for the specific month for the next month’s Gaspool forward financial instrument, EUR/MWh

X – trade service, EUR/MWh

Trade service (X) costs include all costs related to input of natural gas into the virtual trade point of the transmission system for provision of SLR service, including:

trade costs;
costs of the balancing service;
costs of natural gas transmission and storage;
customer service;
invoicing;
collection of fee for the provided SLR service, transmission service and distribution service.

May 2021

41.43 EUR/MWh

Historical price

Year	Month	EUR/MWh
2020	May	27,73
2020	June	25,99
2020	July	26,00
2020	August	26,27
2020	September	28,76
2020	October	32,13
2020	November	35,12
2020	December	34,71
2021	January	36,95
2021	February	40,62
2021	March	38,61
2021	April	38,63

In addition to SLR service fee, the following shall be applied:

transmission system service fee for the output point intended for supply to the users in Latvia;
natural gas excise tax;
value added tax in accordance with the effective laws and regulations.

Price list of AS “Gaso” services »

Connection to Enefit is quick and easy

Apply before the 15th of the month

Fill in and sign the agreement electronically

Start receiving Enefit power from the 1st day of the following month

Enefit partners

To purchase natural gas from SIA Enefit, the facility must be connected to the gas distribution system. If the facility has not been established and connected to the natural gas system:

1) the user must enter into a connection agreement with the distribution system operator AS Gaso;
2) the facility must be established and connected to the natural gas distribution system.

More information can be found here.

Consumption data are submitted via the Distribution System Operator’s portal or by calling 155.