Latvia solar unit price

How many solar panels are installed in Latvia?

As of June 2023, the number of solar panels installed by the Latvian population and connected to AS "Sadales tīkls" reached 15,000 units, and their total capacity exceeded 120 MW - about 15% of the total electricity consumption in Latvia on a sunny day. Solar panels have a lifespan of more than 25 years.

What energy sources does Latvia use?

Alongside hydroelectric power, Latvia also utilizes other renewable sources like wind and solar energy, though to a lesser extent. The country's diverse energy mix is indicative of its commitment to reducing carbon emissions and promoting sustainable energy practices.

How long do solar panels last in Latvia?

Solar panels require almost no maintenance during their lifetime. In addition, rain cleans the surface of the panels well. The payback period for correctly adapting to the consumption of solar panels is 4-7 years. Why are more and more people in Latvia installing solar panels and inverters?

How much sunlight does Latvia receive a year?

In our climate, one square meter of surface receives an average of 1200 kWh per year from the sun. The duration of direct sunlight in Latvia exceeds 1800 hours. The new type of solar panels produces energy with the so-called scattered radiation, which exists around us for 4000 hours.

Why does Latvia have a diverse energy mix?

The country's diverse energy mix is indicative of its commitment to reducing carbon emissions and promoting sustainable energy practices. As a member of the European Union, Latvia is an active participant in the EU electricity market.

When do electricity prices open in Latvia?

Since Latvia is in the +2 time zone during winter and +3 during summer, the prices for the next day open for Latvia accordingly before 14:00 in winter and before 15:00 in summer. Nord Pool publishes electricity prices in megawatt-hours (MWh), but for ordinary consumers, it is practical to consider kilowatt-hours (kWh).