Can I get subsidies or subsidies for the installation of solar panels?

Can I get subsidies or grants for the installation of solar panels? This is a question that interests many Finns who are considering using solar energy. Installing solar panels is an investment that can, in the long run, produce significant savings on electricity bills and reduce the carbon footprint. Fortunately, there are several forms of support and grants in Finland that can facilitate the purchase and installation of solar panels.

Forms of state support

In Finland, the state offers various forms of support for the installation of solar panels. These subsidies are mainly administered by the Energy Agency and may vary annually according to the budget and political decisions. Currently, significant forms of support are:

• Energy support: The Energy Agency grants energy support to companies, communities and municipalities for renewable energy projects, including the installation of solar panels. The size and conditions of the support vary according to the size and nature of the project. More information can be found on the website of the Energy Agency here.
• The Housing Finance and Development Center (ARA): ARA grants grants to housing associations and individuals for projects that improve energy efficiency, such as the installation of solar panels. The size and terms of the support vary, and more information can be found on ARA’s website here.

Municipal forms of support

Many municipalities and cities also offer their own forms of support for the installation of solar panels. These supports can be, for example, direct grants, loans or tax deductions. The availability and conditions of subsidies vary from municipality to municipality, so it is recommended to check on your municipality’s website or contact the municipality’s energy advisor.

Tax deductions

Private individuals can take advantage of the household deduction for the costs of installing solar panels. The household deduction is a tax deduction that can be obtained for certain works done at home or in a holiday apartment, such as renovations and installations. In 2023, the maximum household deduction is 2,250 euros per person. More information about the household deduction can be found on the website of the Tax Administration here.

Summary

It is possible to get various subsidies and grants for the installation of solar panels in Finland. Forms of government support, such as the Energy Agency’s energy support and ARA’s grants, offer significant financial assistance. In addition, many municipalities offer their own forms of support, and individuals can take advantage of the household deduction for the costs of installation work. With the help of these subsidies, the purchase and installation of solar panels can be significantly more affordable and profitable.