Solar Panel Cost Guide in Mansfield, LA (2024 Update)

  • Mansfield Solar Installation Cost: $26,964
  • 25-Year Savings: $30,566
  • Payback Period: 13.8 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Mansfield

We break down average solar pricing in Mansfield.

The national average cost of solar panels is $2.66 per watt, but in Mansfield it’s 4 per watt.Because a 10.1-kW system is needed to cover the energy consumption of a typical home in Mansfield, the average price of going solar will be about $26,964 after claiming the federal solar tax credit of 0.

Bear in mind that the figures above are only estimates based on the average Mansfield homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the large upfront cost, the average Mansfield homeowner can save about $18,000 on their power bills over 20 years, which is one of the advantages of solar.

Click the button below to get connected to a reputable solar company in your area for a personalized estimate.

Solar savings over time in Mansfield

YearReturn on Investment
1 years$-25,386
3 years$-22,231
5 years$-19,076
7 years$-15,921
9 years$-12,765
11 years$-9,610
13 years$-6,455
15 years$-3,300
17 years$-144
19 years$3,011
21 years$6,166
23 years$9,321
25 years$12,477

Top Solar Installers in Mansfield

Installing solar panels by yourself can be a stressful project, which is why hiring a solar installer is a good option for many homeowners. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance in the long run.

If you're looking for a solar company in Mansfield, the EcoWatch team has put together a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0
  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
3.2
  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Mansfield

Factors that Affect Solar Panel Costs in Mansfield

Although the average cost of a solar system in Mansfield is $26,964, your actual cost may differ. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,800.The model of solar panels and equipment you get is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Mansfield, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.

Solar Panel Installation Company

The solar installer you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Mansfield, and each can charge different amounts for labor and equipment.Additionally, some companies in Mansfield have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.95$16,598$12,28814.4 years
8 kW$3.88$21,706$16,80914.1 years
10 kW$3.80$26,600$21,54313.8 years
12 kW$3.72$31,282$26,49013.5 years
14 kW$3.65$35,750$31,65013.3 years
16 kW$3.57$40,006$37,02313.0 years
18 kW$3.50$44,050$42,60812.7 years
20 kW$3.42$47,880$48,40612.4 years

How to Save on Solar Panels

There are a large number of companies to choose from in Mansfield, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:

  • Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
  • Contract: When reading over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can verify your installer’s reputation is by reading reviews.
  • Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a good company.

Best National Provider

SunPower

★★★★★
5.0
  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
3.2
  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Mansfield, LA Solar Cost FAQs

How much does it cost to install solar panels in Mansfield?

The average cost of solar panels in Mansfield is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Mansfield?

Solar panels aren’t free in Mansfield, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Do solar panels increase your property value?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Mansfield is currently $203,439, so you could be looking at a value of about $8,341 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Mansfield is a rewarding investment.

How long do solar panels last in Mansfield?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.

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.