Solar Panel Cost Guide in Mansfield, CT (2024 Update)
- Mansfield Solar Installation Cost: $12,322
- 25-Year Savings: $17,819
- Payback Period: 11.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Mansfield
Find out what the average cost of a solar system is in Mansfield.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mansfield, the typical cost of a solar system is 4 per watt.Using this figure, a typical 4.7-kW system would cost about $12,322 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy needs, the type of solar system you want to get, your solar contractor and more.For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $22,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar installer in Mansfield for a customized estimate.
Solar savings over time in Mansfield
Year | Return on Investment |
---|---|
1 years | $-10,478 |
3 years | $-6,790 |
5 years | $-3,102 |
7 years | $586 |
9 years | $4,274 |
11 years | $7,962 |
13 years | $11,650 |
15 years | $15,338 |
17 years | $19,026 |
19 years | $22,714 |
21 years | $26,402 |
23 years | $30,090 |
25 years | $33,778 |
Top Solar Installers in Mansfield
Although you can install solar panels yourself, it requires extra time and know-how. For that reason, almost all homeowners choose to go with a solar panel installer. Plus, if you’re unsure what type of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
If you’d like to start using solar energy but still aren’t sure which solar panel installer to go with, here are our suggestions for providers in Mansfield:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Mansfield
Factors that Affect Solar Panel Costs in Mansfield
Even though the average cost of a solar system in Mansfield is $12,322, your actual cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the price of solar panels in Mansfield, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can figure out by looking at past electricity bills. Your total cost can increase by around $3,750 for each additional kilowatt you need.The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Mansfield, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your overall costs, so it’s important to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Mansfield, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The company’s size can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.90 | $16,380 | $18,156 | 11.9 years |
8 kW | $3.83 | $21,420 | $24,629 | 11.6 years |
10 kW | $3.75 | $26,250 | $31,311 | 11.4 years |
12 kW | $3.67 | $30,870 | $38,203 | 11.2 years |
14 kW | $3.60 | $35,280 | $45,305 | 10.9 years |
16 kW | $3.52 | $39,480 | $52,617 | 10.7 years |
18 kW | $3.45 | $43,470 | $60,139 | 10.5 years |
20 kW | $3.38 | $47,250 | $67,872 | 10.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: The type of solar panel you want to install plays a role in which company you should opt for, since different companies offer different panels.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Mansfield, CT Solar Cost FAQs
How much does it cost to install solar panels in Mansfield?
The average cost of solar panels in Mansfield is about $18,750 for a 5-kW system and $37,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Mansfield?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.