A New Tool for Smarter Choices: Alexela’s Electricity Plans Now Easily Comparable on the Altero Platform

8. April 2026

As the electricity market evolves, consumer options continue to expand; however, the wide variety of offers can often lead to confusion. To help Latvian residents make data-driven and beneficial decisions, we have partnered with the new “Altero” electricity comparison platform.
Data indicates that the market situation remains challenging – approximately 44% of Latvian residents do not know their current electricity tariff, and one in four has not analyzed their consumption data before choosing a supplier. This is exactly why the emergence of such a tool is a significant step toward industry-wide transparency.

What benefits does the new comparison tool offer?

The platform developed by “Altero” is more than just a theoretical calculator. It is a digital self-service tool available on both computers and smart devices, offering:

• Accuracy: comparisons are made based on the property’s actual electricity bill or entered consumption data, rather than general assumptions.
• Personalization: the system calculates projected monthly savings and annual costs, taking into account the specific household's consumption, capacity, and distribution costs, as well as the desired level of price stability (fixed or exchange-based tariffs).
• Clarity on additional conditions: the platform displays not only the cents per kilowatt-hour but also contract terms, potential early termination fees, and other essential conditions that are often not immediately available for evaluation.

Objective comparison for stable long-term partnership

The Latvian electricity market is currently undergoing rapid qualitative growth and transformation, making it increasingly difficult for consumers to choose a partner for a stable collaboration. To help navigate the wide range of offers, digital tools like “Altero” provide the necessary clarity. They allow everyone to objectively compare different providers and choose the one that best fits their lifestyle and energy consumption.

How to perform a comparison using the Altero platform?

The process has been simplified as much as possible to eliminate the need for searching through multiple sources:
1.    Go to the Altero platform. 
2.    Log in, select the specific property, and indicate your consumption.
3.    Receive a list of personalized offers, where you will also see Alexela Latvija’s current tariffs.

If you have any questions regarding Alexela’s tariffs or contract terms, please contact our customer service or find more information in our Electricity section.

Photo: Evija Trifanova / LETA