• Established in 2001 (replaced Energy Regulation Council), currently there are 108 staff members
• As of  March 2011 Mr. Valdis Lokenbahs has been appointed as the new PUC Chair. The Parliament (Saeima), following the recommendation of the Cabinet of Ministers, appoints 5 Commissioners of the PUC's Board for the period of five years (can be reappointed for more than one term). There is no staggered approach stipulated in appointing Commissioners.
• The PUC is financed through regulated services' providers. The duty to be paid to the PUC should not exceed 0,17 % of the net turnover of regulated services.
• The PUC Is a multi-sector regulator overseeing electricity, gas, heat produced in cogeneration plants, electronic communications, and post and railway sectors, heating, water supply and waste deposit. It is responsible for licensing, setting tariffs, protecting consumer interests, promoting competition, resolving disputes and controlling quality..

Electricity

• The state owned joint stock company “Latvenergo” covering 90% of total consumption, operates generation, distribution and sales

• The TSO “Augstsprieguma Tīkls” is a separate legal entity.
  The DSO "Sadales tīkls" is a separate legal entity.•Private generation (wind, small HPP, CHPP) companies covering 10% of total consumption

• Small private distribution - supply companies

• Electricity Market Law was adopted by Parliament (Saeima) on 05.05.2005.

Natural Gas

• Market structure: vertically integrated private-owned joint-stock company “Latvijas Gaze” responsible for transmission, distribution and storage

• PUC regulates natural gas prices.

• Implementation of the 3^rd Energy package

• Electricity Regional Initiative - Baltic Electricity Market

• EC initiative – Baltic Market Interconnection Plan

Brivibas Str. 55, Riga, Latvia, LV-1010,
Tel.: (371) 67097200; Fax (371) 67097277
E-mail: sprk{.}sprk.gov.lv
Internet: http://www.sprk.gov.lv; http://www.erranet.org/AboutUs/Members/Profiles/Latvia