Available Support Programmes in 2025
Latvia offers several types of financial support for solar panel installation that can significantly reduce the initial investment and shorten the payback period. Use all available support — we help you access it.
Altum Energy Efficiency Loan
For private individuals — a loan at significantly reduced rates from 2.5% per year for financing solar panels and other energy efficiency measures. Loan amount up to €50,000. Term up to 20 years.
LIAA Green Investment Support
For businesses — EU fund support with co-financing of up to 50% of project costs for renewable energy system installation. Application through LIAA's advertised competitions.
0% VAT for Private Individuals
Solar panel systems in Latvia have a 0% VAT rate for private individuals (standard rate is 21%). For example, on an €8,000 project that is €1,680 saved — automatically, no application required.
Municipal Programmes
Some local authorities offer additional financial support of up to 30% of costs for solar panel installation. Availability varies by region — we help identify what's available in your area.
Apartment Building Programme
For apartment buildings — the Altum multi-family building energy efficiency programme can include solar panel installation together with insulation and other energy efficiency measures.
Business Tax Advantages
Businesses can attribute solar panel costs to business expenses, reducing corporate income tax. Also depreciable as production equipment.
Altum Loan — How to Apply
The Altum energy efficiency loan is the most accessible support for private individuals installing solar panels. Process:
Get a quote from us
First get a precise system quote — this is required for the Altum application. We prepare all the documentation.
Application to Altum or a bank
Apply for the loan at the Altum website or a partner bank. We help with application preparation.
Decision and agreement
Altum typically makes a decision within 10–20 working days. After approval — loan agreement and disbursement.
Installation
After loan approval we begin system installation. A parallel process is often possible — installation during the loan processing period.
Payback with Support — An Example
Government support programmes can significantly shorten the investment payback period. A concrete example for an 8 kWp system:
- System price without support: €7,500
- 0% VAT saving (automatic): already included in price
- Municipal support 20% (if available): −€1,500
- Your effective investment: €6,000
- Annual electricity savings: ~€1,500
- Payback period: ~4 years (without support ~5 years)
Use our solar panel calculator to calculate your individual savings, or see solar panel prices.
Solar Panels for Businesses — LIAA Grant
For businesses, solar panel installation is especially advantageous with LIAA grant programmes that can cover up to 50% of project costs. Programme conditions change — contact us to find out about current competitions and requirements, or approach LIAA directly.
In addition to the LIAA grant, businesses can also use Altum investment loans with favourable terms for larger projects. We help select the optimal financing combination and prepare the necessary documents.
Our team helps clients identify and access available support — Altum loan documentation, information about LIAA competitions and municipal programmes are part of our full service.
Why Choose Us?
Support consultation
We advise on all available support and help prepare application documents.
Quote for Altum application
We prepare a precise quote required for the Altum loan application — at no extra charge.
Full service
From identifying support through to system installation and handover — we handle everything.
Honest pricing
Our price already includes 0% VAT for private individuals. Final price in the quote — no surprises.
Fast response
We answer support questions within 5 minutes. Phone consultation — free of charge.
All of Latvia
We serve clients across Latvia — including in regions where we identify municipal support individually.