diff --git a/homeassistant/components/risco/__init__.py b/homeassistant/components/risco/__init__.py
index 56c7a509cca079..d65bd5d5abf982 100644
--- a/homeassistant/components/risco/__init__.py
+++ b/homeassistant/components/risco/__init__.py
@@ -2,10 +2,7 @@
 
 from __future__ import annotations
 
-from collections.abc import Callable
-from dataclasses import dataclass, field
 import logging
-from typing import Any
 
 from pyrisco import CannotConnectError, RiscoCloud, RiscoLocal, UnauthorizedError
 from pyrisco.common import Partition, System, Zone
@@ -22,8 +19,10 @@
 )
 from homeassistant.core import HomeAssistant
 from homeassistant.exceptions import ConfigEntryAuthFailed, ConfigEntryNotReady
+from homeassistant.helpers import config_validation as cv
 from homeassistant.helpers.aiohttp_client import async_get_clientsession
 from homeassistant.helpers.dispatcher import async_dispatcher_send
+from homeassistant.helpers.typing import ConfigType
 
 from .const import (
     CONF_CONCURRENCY,
@@ -35,6 +34,10 @@
     TYPE_LOCAL,
 )
 from .coordinator import RiscoDataUpdateCoordinator, RiscoEventsDataUpdateCoordinator
+from .models import LocalData
+from .services import async_setup_services
+
+CONFIG_SCHEMA = cv.config_entry_only_config_schema(DOMAIN)
 
 PLATFORMS = [
     Platform.ALARM_CONTROL_PANEL,
@@ -45,14 +48,6 @@
 _LOGGER = logging.getLogger(__name__)
 
 
-@dataclass
-class LocalData:
-    """A data class for local data passed to the platforms."""
-
-    system: RiscoLocal
-    partition_updates: dict[int, Callable[[], Any]] = field(default_factory=dict)
-
-
 def is_local(entry: ConfigEntry) -> bool:
     """Return whether the entry represents an instance with local communication."""
     return entry.data.get(CONF_TYPE) == TYPE_LOCAL
@@ -176,3 +171,11 @@ async def async_unload_entry(hass: HomeAssistant, entry: ConfigEntry) -> bool:
 async def _update_listener(hass: HomeAssistant, entry: ConfigEntry) -> None:
     """Handle options update."""
     await hass.config_entries.async_reload(entry.entry_id)
+
+
+async def async_setup(hass: HomeAssistant, config: ConfigType) -> bool:
+    """Set up the Risco integration services."""
+
+    await async_setup_services(hass)
+
+    return True
diff --git a/homeassistant/components/risco/const.py b/homeassistant/components/risco/const.py
index ef3280fe232356..88fae4de7c26e9 100644
--- a/homeassistant/components/risco/const.py
+++ b/homeassistant/components/risco/const.py
@@ -55,3 +55,5 @@
     CONF_SCAN_INTERVAL: DEFAULT_SCAN_INTERVAL,
     CONF_CONCURRENCY: DEFAULT_CONCURRENCY,
 }
+
+SERVICE_SET_TIME = "set_time"
diff --git a/homeassistant/components/risco/icons.json b/homeassistant/components/risco/icons.json
new file mode 100644
index 00000000000000..97abbcca6f767a
--- /dev/null
+++ b/homeassistant/components/risco/icons.json
@@ -0,0 +1,7 @@
+{
+  "services": {
+    "set_time": {
+      "service": "mdi:clock-edit"
+    }
+  }
+}
diff --git a/homeassistant/components/risco/models.py b/homeassistant/components/risco/models.py
new file mode 100644
index 00000000000000..07777839e884ba
--- /dev/null
+++ b/homeassistant/components/risco/models.py
@@ -0,0 +1,15 @@
+"""Models for Risco integration."""
+
+from collections.abc import Callable
+from dataclasses import dataclass, field
+from typing import Any
+
+from pyrisco import RiscoLocal
+
+
+@dataclass
+class LocalData:
+    """A data class for local data passed to the platforms."""
+
+    system: RiscoLocal
+    partition_updates: dict[int, Callable[[], Any]] = field(default_factory=dict)
diff --git a/homeassistant/components/risco/services.py b/homeassistant/components/risco/services.py
new file mode 100644
index 00000000000000..4c2e632b2ecf7a
--- /dev/null
+++ b/homeassistant/components/risco/services.py
@@ -0,0 +1,63 @@
+"""Services for Risco integration."""
+
+from datetime import datetime
+
+import voluptuous as vol
+
+from homeassistant.config_entries import ConfigEntryState
+from homeassistant.const import ATTR_CONFIG_ENTRY_ID, ATTR_TIME, CONF_TYPE
+from homeassistant.core import HomeAssistant, ServiceCall
+from homeassistant.exceptions import ServiceValidationError
+from homeassistant.helpers import config_validation as cv
+
+from .const import DOMAIN, SERVICE_SET_TIME, TYPE_LOCAL
+from .models import LocalData
+
+
+async def async_setup_services(hass: HomeAssistant) -> None:
+    """Create the Risco Services/Actions."""
+
+    async def _set_time(service_call: ServiceCall) -> None:
+        config_entry_id = service_call.data[ATTR_CONFIG_ENTRY_ID]
+        time = service_call.data.get(ATTR_TIME)
+
+        # Validate config entry exists
+        if not (entry := hass.config_entries.async_get_entry(config_entry_id)):
+            raise ServiceValidationError(
+                translation_domain=DOMAIN,
+                translation_key="config_entry_not_found",
+            )
+
+        # Validate config entry is loaded
+        if entry.state is not ConfigEntryState.LOADED:
+            raise ServiceValidationError(
+                translation_domain=DOMAIN,
+                translation_key="config_entry_not_loaded",
+            )
+
+        # Validate config entry is local (not cloud)
+        if entry.data.get(CONF_TYPE) != TYPE_LOCAL:
+            raise ServiceValidationError(
+                translation_domain=DOMAIN,
+                translation_key="not_local_entry",
+            )
+
+        time_to_send = time
+        if time is None:
+            time_to_send = datetime.now()
+
+        local_data: LocalData = hass.data[DOMAIN][config_entry_id]
+
+        await local_data.system.set_time(time_to_send)
+
+    hass.services.async_register(
+        domain=DOMAIN,
+        service=SERVICE_SET_TIME,
+        schema=vol.Schema(
+            {
+                vol.Required(ATTR_CONFIG_ENTRY_ID): cv.string,
+                vol.Optional(ATTR_TIME): cv.datetime,
+            }
+        ),
+        service_func=_set_time,
+    )
diff --git a/homeassistant/components/risco/services.yaml b/homeassistant/components/risco/services.yaml
new file mode 100644
index 00000000000000..88a7b4da27a53d
--- /dev/null
+++ b/homeassistant/components/risco/services.yaml
@@ -0,0 +1,11 @@
+set_time:
+  fields:
+    config_entry_id:
+      required: true
+      selector:
+        config_entry:
+          integration: risco
+    time:
+      required: false
+      selector:
+        datetime:
diff --git a/homeassistant/components/risco/strings.json b/homeassistant/components/risco/strings.json
index 60367b9d0e6937..79c1e7b7b4b6d1 100644
--- a/homeassistant/components/risco/strings.json
+++ b/homeassistant/components/risco/strings.json
@@ -71,6 +71,17 @@
       }
     }
   },
+  "exceptions": {
+    "config_entry_not_found": {
+      "message": "Config entry not found. Please check that the config entry ID is correct."
+    },
+    "config_entry_not_loaded": {
+      "message": "Config entry is not loaded. Please ensure the Risco integration is set up correctly."
+    },
+    "not_local_entry": {
+      "message": "This service only works with local Risco connections."
+    }
+  },
   "options": {
     "step": {
       "ha_to_risco": {
@@ -105,5 +116,21 @@
         "title": "Map Risco states to Home Assistant states"
       }
     }
+  },
+  "services": {
+    "set_time": {
+      "description": "Sets the time of an alarm panel.",
+      "fields": {
+        "config_entry_id": {
+          "description": "The Risco alarm panel to set the time for.",
+          "name": "Config entry"
+        },
+        "time": {
+          "description": "The time to send to the alarm panel. Leave it empty to use the Home Assistant system time.",
+          "name": "Time"
+        }
+      },
+      "name": "Set the alarm panel time"
+    }
   }
 }
diff --git a/tests/components/risco/test_services.py b/tests/components/risco/test_services.py
new file mode 100644
index 00000000000000..6bbd78e577487c
--- /dev/null
+++ b/tests/components/risco/test_services.py
@@ -0,0 +1,110 @@
+"""Tests for the Risco services."""
+
+from datetime import datetime
+from unittest.mock import patch
+
+import pytest
+
+from homeassistant.components.risco import DOMAIN
+from homeassistant.components.risco.const import SERVICE_SET_TIME
+from homeassistant.config_entries import ConfigEntryState
+from homeassistant.const import ATTR_CONFIG_ENTRY_ID, ATTR_TIME
+from homeassistant.core import HomeAssistant
+from homeassistant.exceptions import ServiceValidationError
+
+from .conftest import TEST_CLOUD_CONFIG
+
+from tests.common import MockConfigEntry
+
+
+async def test_set_time_service(
+    hass: HomeAssistant, setup_risco_local, local_config_entry
+) -> None:
+    """Test the set_time service."""
+    with patch("homeassistant.components.risco.RiscoLocal.set_time") as mock:
+        time_str = "2025-02-21T12:00:00"
+        time = datetime.fromisoformat(time_str)
+        data = {
+            ATTR_CONFIG_ENTRY_ID: local_config_entry.entry_id,
+            ATTR_TIME: time_str,
+        }
+
+        await hass.services.async_call(
+            DOMAIN, SERVICE_SET_TIME, service_data=data, blocking=True
+        )
+
+        mock.assert_called_once_with(time)
+
+
+@pytest.mark.freeze_time("2025-02-21T12:00:00Z")
+async def test_set_time_service_with_no_time(
+    hass: HomeAssistant, setup_risco_local, local_config_entry
+) -> None:
+    """Test the set_time service when no time is provided."""
+    with patch("homeassistant.components.risco.RiscoLocal.set_time") as mock_set_time:
+        data = {
+            "config_entry_id": local_config_entry.entry_id,
+        }
+
+        await hass.services.async_call(
+            DOMAIN, SERVICE_SET_TIME, service_data=data, blocking=True
+        )
+
+        mock_set_time.assert_called_once_with(datetime.now())
+
+
+async def test_set_time_service_with_invalid_entry(
+    hass: HomeAssistant, setup_risco_local
+) -> None:
+    """Test the set_time service with an invalid config entry."""
+    data = {
+        ATTR_CONFIG_ENTRY_ID: "invalid_entry_id",
+    }
+
+    with pytest.raises(ServiceValidationError, match="Config entry not found"):
+        await hass.services.async_call(
+            DOMAIN, SERVICE_SET_TIME, service_data=data, blocking=True
+        )
+
+
+async def test_set_time_service_with_not_loaded_entry(
+    hass: HomeAssistant, setup_risco_local, local_config_entry
+) -> None:
+    """Test the set_time service with a config entry that is not loaded."""
+    await hass.config_entries.async_unload(local_config_entry.entry_id)
+    await hass.async_block_till_done()
+
+    assert local_config_entry.state is ConfigEntryState.NOT_LOADED
+
+    data = {
+        ATTR_CONFIG_ENTRY_ID: local_config_entry.entry_id,
+    }
+
+    with pytest.raises(ServiceValidationError, match="is not loaded"):
+        await hass.services.async_call(
+            DOMAIN, SERVICE_SET_TIME, service_data=data, blocking=True
+        )
+
+
+async def test_set_time_service_with_cloud_entry(
+    hass: HomeAssistant, setup_risco_local
+) -> None:
+    """Test the set_time service with a cloud config entry."""
+    cloud_entry = MockConfigEntry(
+        domain=DOMAIN,
+        unique_id="test-cloud",
+        data=TEST_CLOUD_CONFIG,
+    )
+    cloud_entry.add_to_hass(hass)
+    cloud_entry.mock_state(hass, ConfigEntryState.LOADED)
+
+    data = {
+        ATTR_CONFIG_ENTRY_ID: cloud_entry.entry_id,
+    }
+
+    with pytest.raises(
+        ServiceValidationError, match="This service only works with local"
+    ):
+        await hass.services.async_call(
+            DOMAIN, SERVICE_SET_TIME, service_data=data, blocking=True
+        )